High Five Setup Alert on Block $SQ !! 84% Upside!🔥 Square ( NYSE:SQ ) Ready to Skyrocket! 84% Upside! 🚀
I posted this earlier, but a couple of people requested a video analysis on Square (BLOCK), so here it is; enjoy!
📢 High Five Setup Alert on Block ( NYSE:SQ )!
My H5 Indicator is flashing green, signaling a prime opportunity to take a position in SQ!
Key Highlights:
Bullish Breakout: We’ve broken out of the Bullish Falling Wedge pattern and successfully retested.
Volume Ignition: Launching off the volume shelf with a volume gap to fill, setting up for a powerful move.
📈 Price Targets:
Primary Target: $149
Main Move Target: $162
This setup is primed for action! Will you be adding
SQ
to your watchlist? Stay tuned for more insights!
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Fintech
SQUARE is retesting the Inverse H&S before heading 80% higher! NYSE:SQ SQUARE (BLOCK) is retesting the Inverse H&S before heading 80% higher!
The trading gods have blessed us with a pullback to around $90ish, as requested. This is the retest of the Inverse H&S pattern.
-H5_L indicator is GREEN
-Already broken out of falling wedge.
-Launched off Volume Shelf and filling the GAP.
-Fintech is starting to run
-Stage 2 is just starting!
Buying more here!
🎯$110
🎯$149
🎯$162
NFA
Square ($SQ) Set to LAUNCH! 84% Upside!🔥 Square ( NYSE:SQ ) Ready to Skyrocket! 84% Upside! 🚀
📢 High Five Setup Alert on Block ( NYSE:SQ )!
My H5 Indicator is flashing green, signaling a prime opportunity to take a position in $SQ!
Key Highlights:
Bullish Breakout: We’ve broken out of the Bullish Falling Wedge pattern and successfully retested.
Volume Ignition: Launching off the volume shelf with a volume gap to fill, setting up for a powerful move.
📈 Price Targets:
Primary Target: $149
Main Move Target: $162
This setup is primed for action! Will you be adding NYSE:SQ to your watchlist? Stay tuned for more insights!
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Stay updated with weekly trade ideas using my HIGH-FIVE SETUP trading strategy. Don’t miss out on the next big move!
MULTIBAGGER Series - Stock 3Hello everyone!
I am back with 3rd company of the multibagger series.
The company is Zaggle Prepaid Ocean Services Ltd. Zaggle builds world-class financial solutions and products to manage the business expenses of corporates, SMEs, & Startups through automated and innovative workflows. It is at an intersection of SaaS (Software as a service) and Fintech. It has made strategic alliances with many other companies. The company has an esteemed list of corporates like Tata Capital, Inox, NSDL, DBMS, Wockhardt, Yes Bank, Greenply, etc. It has also made an agreement with VISA and the deal is valued at approximately $20 million over the next five year.
The company has shown more than 10x growth in both sales and profit made in the past 4 years. Last year sales was 776 cr and profit was 44 cr. The quarterly sales and profit is also continuously increasing and the company is expected to grow at a good pace from here. They have made visionary targets for the year 2025. Ace investor Ashish Kacholia has also invested in this company.
Investing in such companies will make our portfolio diverse and as they are smallcap company, chance of giving multibagger returns are more from such companies.
Investing in such companies bring a high risk factor so please do your own analysis before investing.
Hope you learned something new from this post.
Do like, share and follow me. Thank you!
SoFi Technologies (SOFI) AnalysisCompany Overview: SoFi Technologies NASDAQ:SOFI has been on an impressive growth trajectory, with its member base increasing by over 40% year-over-year to reach 8.8 million as of Q2 2024. This significant expansion underscores SoFi's ability to not only acquire new members but also retain and cross-sell to its user base, positioning the company as a major player in the fintech space.
Key Catalysts:
Product Mix Shift: The strategic shift from a reliance on lending products to a broader array of financial services products—which now outpace lending offerings—boosts margins and improves the lifetime value of SoFi’s customers. This diversification strengthens the company's business model by lowering its dependence on traditional loans.
Earnings Momentum: SoFi has consistently outperformed earnings expectations, evidenced by 11 upward revisions in the last 90 days. This signals strong financial management and operational efficiency, which is expected to drive further investor confidence.
Growing Member Base: SoFi's ability to grow its member base at a 40% annual rate is a clear sign of the company’s competitive advantage in the fintech space, particularly through the seamless cross-selling of products across its ecosystem.
Investment Outlook: Bullish Outlook: We are bullish on SOFI above $9.00-$10.00, as the company’s ability to grow its member base and shift to higher-margin products sets the stage for sustained growth and stock appreciation. Upside Potential: Our upside target for SOFI is $15.00-$16.00, driven by strong earnings performance, a diversified product mix, and expanding membership, all of which contribute to improving financial metrics and stock valuation.
🚀 SOFI—Fintech Leader on a High-Growth Path. #Fintech #FinancialServices #EarningsOutperformance
$SOFi soared 8 days straight, 15minOn Thursday, Oct 10 I purchased two NASDAQ:SOFI 15 NOV 24 9c @ $64 ($128 total).
ENTRY @ $8.72 (12:27pm, Thu, Oct 10) because I noticed NASDAQ:SOFI had been undergoing a temporary recovery to the upside.
EXITs @ $9.99 & $9.93
- 1 contract - Profit taking at 120% ($64 -> $141), Mon, Oct 14 @ 1:18pm
- 1 contract - 6% trailing stop triggered at 114% ($64 -> $137), Mon, Oct 14 @ 2:15pm
Total revenue: $278 || Profit: $150
This is a good point to grab profit because price is around the 0.214 fibonacci and there is a gap to fill to the bottom which increases the chances of the stop dropping below continuing its journey to the upside.
Fiserv: Trading Opportunities!Recently, the FI stock surged directly into our green Target Zone (coordinates: $186.40 – $207.40). This year alone, it has gained over 40%. With the recent arrival in our Zone, the time is now ripe for an overarching trend reversal. Because: by hitting our Zone, the price has reached the absolute minimum target for the green wave . From a technical perspective, an immediate trend reversal and a transition into wave II are now possible. At the moment, we place Fiserv in the turquoise wave 3, which should be followed by another dip below our Target Zone. Ultimately, the entire turquoise upward impulse should complete the overarching uptrend of the beige wave I. Thus, our Zone can be used to take profits from existing long positions or to initiate new short trades. Such potential short positions can be hedged with a stop 1% above the 78.60% retracement level (at $207.40).
MercadoLibre (MELI): A Powerhouse in Latin America! MELI is solidifying its position as a dominant player in the e-commerce and fintech markets across Latin America. With Argentina’s economic surge and aggressive expansion in Brazil and Mexico, MELI is poised for significant growth.
📈 Key Highlights:
Economic Recovery in Argentina driving e-commerce activity.
Expansion into logistics and food delivery diversifying revenue streams.
Growing adoption of Mercado Pago enhances its financial ecosystem.
While I see strong fundamentals supporting a buy rating, a 5% drop could offer a better entry point. My fair price estimate is $2,709, based on a 5 year DCF analysis.
Let's keep an eye on the support levels around $1,936 and $1,824.
#MELI #MercadoLibre #Investing #StockMarket #Ecommerce #Fintech #LatinAmerica #GrowthStocks #InvestmentOpportunities #Stocktobuy #Pullback
Shift4 Payments (FOUR) Analysis Company Overview: Shift4 Payments NYSE:FOUR continues to demonstrate impressive growth, specializing in payment solutions tailored for industries such as hospitality, entertainment, and sports venues. With a unique focus on vertical integration, Shift4 is capturing more market share through high-profile partnerships and technological innovation.
Key Catalysts:
Strong Payment Processing Growth: In Q2 2024, Shift4 processed a remarkable $40.1 billion in payments, up from $26.8 billion in Q2 2023. This marks a 75% CAGR since 2020, highlighting sustained growth in its core business.
High-Profile Partnerships: Recent partnerships with Nobu Hotel and the Chicago Bears stadium reflect its expanding reach and capability to serve large-scale clients in major industries.
Insider Confidence: CEO Jared Isaacman’s purchase of 86,000 shares underscores strong insider confidence in the company’s long-term growth prospects.
Investment Outlook: Bullish Outlook: We are bullish on Shift4 Payments above $75.00-$76.00, given its accelerating growth in payment processing and strategic partnerships. Upside Potential: Our upside target is $118.00-$120.00, based on continued market share gains and operational momentum.
🚀 FOUR—Revolutionizing Payments with Strong Growth. #Payments #Shift4 #Fintech
Is PayPal's Rise Unstoppable?PayPal, once a mere online payment facilitator, has evolved into a financial powerhouse. Its strategic partnerships, innovative ventures, and consistent financial performance have solidified its position as a dominant player in the digital payments landscape.
The company’s recent investment in Chaos Labs, a blockchain risk management firm, underscores its commitment to staying ahead of the curve and embracing emerging technologies. This strategic move not only positions PayPal as a leader in the blockchain space but also highlights its ability to identify and capitalize on future trends.
Moreover, PayPal’s partnership with Amazon has significantly expanded its reach and boosted investor confidence. By integrating PayPal as a checkout option for third-party merchants, Amazon has effectively made PayPal a more accessible and convenient payment method for millions of consumers. This strategic alliance has not only driven revenue growth but has also fueled PayPal's stock price.
Beyond Amazon, PayPal's collaborations with Shopify, Adyen, and other industry leaders have further diversified its business model. These partnerships have allowed PayPal to tap into new markets, reach a wider customer base, and enhance its value proposition.
The increasing confidence of institutional investors in PayPal is a testament to its strong fundamentals and growth potential. As investors continue to seek out stable and profitable investments, PayPal’s consistent performance and strategic initiatives make it an attractive option.
In conclusion, PayPal's journey from a simple online payment platform to a financial powerhouse is a testament to its ability to adapt, innovate, and deliver value to its stakeholders. With its strategic partnerships, blockchain ventures, and solid financial performance, PayPal is well-positioned to continue its upward trajectory and remain a dominant force in the digital payments industry.
RDFN fintech small cap reverses higher LONGRDFN on the 15 minute chart has move up from a low pivot which included a mass index
indicator triggering. ATH was $85 so current price is 7-8% of that ATH. I will take a long trade
here. My targets are the May high pivot at $8 and the January high pivot at $10 with a stop
loss at $6 to be managed as the price moves toward 8. RDFN to a certain degree is subject to
rates and federal actions. I am convinced that when the time is ripe the Biden administration
will pressure the " independent" fed into a rate cut which should give RDFN the momentum it
needs to push toward those targets or even higher.
TGL Fintech with a push discounted 96% from ATH LONGI am watching TGL for a short squeeze. A recent pivot high in the past year was about 37 and
the ATH of 168 was the winter and spring of late 2022 and early 2023. This is an app that
matches merchants and consumers with incentives to both to deal and make transactions.
I believe that it has been heavily shorted while in a persistent trend down. Relative strength
has been rising and the TTM triggering. A spike in relative volume was more than 50X. I have
taken a position and have an unrealized profit of 22% however, I expect more and will add to
the position given a dip from the high of 8 down to 6. For the time being the targets are 10.5
and 12, where I will take off 25% of the position at each level. IF TGL can squeeze and maintain
momentum over the weekend, next week could be a bigger move.
GRAB - Penny Stock Volatility Based LONG GRAB is a multi-dimensional fintech company serving SouthEast Asia. It does there what DASH
UBER and PYPL do in the US. Like many other or even most penny stocks it has volatility
which is the foundation for swing trading it for good profits. On the 60 minute chart are
the horizontal supply and demand zones as well as dynamic areas of high volume and volatility
as anchored VWAP bands and lines used for analysis that GRAB is now in the area of the
first lower band line and is predicted by the Luxalgo regression forecast to fall into the
demand zone confuent with the second lower band line. For forecast for after a predicted
bounce, GRAB will move higher toward the supply zone on the chart. Accordingly,
I will watch GRAB to fall into the demand zone where it will pick up long buyers such as
myself. I sell set a stop loss at 2.90 and two targets, the first being the mean VWAP level
of 3.2 for a close of 1/3rd of the position and then 3.4 ( first upper VWAP) for a close
of another 1/3rd of the position and finally a target of 3.55 just under the demand zone.
The trade is for a trade of about 15% gain over 1-2 weeks which needs little attention when
alert/ notification price levels are set. This allows for stress free trading without much
effort or screen time.
FTT: trade in renge📊Analysis by AhmadArz:
🔍Entry: 1.84
🛑Stop Loss: 1.72
🎯Take Profit: 1.95-2.05
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
Is PYPL ready for recovery?n the daily chart PYPL is at its six-month lows sitting on the support /demand zone after recent
earnings which were helpful in showing earnings and revenues holding up. Upside to resistance
is about 25%. The volume profile shows heavy volumes at both the current price and at $75
Any upward price action would likely experience volatility at $7 5 as that is where a large
a number of institutional traders are situated. This is also approximately where the mean long
term anchored VWAP is extending. The MACD indicator's lines have crossed under the histogram
which is now green and positive. They are approaching the horizontal zero line. Trading volumes
have increased since the last earnings and so shares are being accumulated which usually
results in prices rising gradually over time.
I see this as an excellent long trade setup targeting first $ 75 and then $87 just under the
resistance zone with a stop loss in or under the support.
PYPL falls into deep oversold zone LONGPYPL on the 30-minute chart over the past week fell 10 %, Based on the anchored
VWAP bands as well as the volume profile it is in deep oversold territory potentially
as a reaction to the stablecoin plan. Volumes are relatively hig while the ZL MACD
has had a line cross under a flipping histogram. I see this as an excellent long
swing trade setup targeting the mean VWAP or the POC line as the first target for 50%
of the trade and 25% each targeting the upper VWAP lines. I will take a combination
of a number of stocks and a put option 2-3 months out for some trade risk insurance.
Ripple Partners With Egypt’s CIB For Cross-Border PaymentsRipple has now expedited its global expansion spree by strengthening its presence in Egypt by collaborating with the CIB.
Ripple, a leading blockchain solutions provider, has recently initiated a collaboration with Egypt’s Commercial International Bank (CIB). It is a pivotal milestone for the company as it expanded its foothold in the Egyptian market. This comes after Ripple announced that it’ll enhance its U.S. presence, indicating significant efforts by the organization to expedite global expansion.
Ripple Partners With Egypt’s CIB
According to the latest Egypt Fintech 2024 report by Shehata & Partners Law Firm, CIB is poised to revolutionize cross-border payments via the partnership with Ripple. However, the bank aims to leverage the opportunity to improve efficiency in remittance services globally.
This marks a significant shift, as CIB becomes the first major Egyptian bank, beyond the National Bank of Egypt (NBE), to publicly announce its partnership with Ripple. Moreover, it is expected to be a great opportunity for the company to utilize CRYPTOCAP:XRP for cross-border payments. While NBE had previously teamed up with LuLu Exchange, CIB’s foray underscores a broader adoption trend within Egypt’s financial sector.
While details regarding the extent of CIB’s integration of Ripple’s technology remain undisclosed, industry observers anticipate a transformative impact on the efficiency and cost-effectiveness of cross-border transactions. As Egypt embraces blockchain innovation, CIB’s partnership with Ripple sets the stage for a new era of seamless international remittances, paving the way for increased XRP adoption.
Egypt’s Blockchain Evolution
Egypt’s blockchain landscape continues to flourish with groundbreaking initiatives. Innovations such as an NFT Art Generator empower users to create unique digital collectibles, while TOURISTOKEN revolutionizes tourism payments and rewards. This dynamic ecosystem reflects Egypt’s commitment to blockchain’s potential.
RDFN fintech penny stock pre-earnings LONGOn the RDFN shows the trend up after a massive earnings beat and then the fade down into
this past week. Price is presently situated at the 0.5 Fib level of the retracement of that
trend up. Time is presently at the 0.38 Fib time zone extending from the trend up.
The dual TF RSI shows the lines jumping over the 50 level in the past couple of days.
The ADX indicator shows the ADX+ crossing over ADX- with the ADX+ now over the 20 threshold.
I see RDFN as set for a pre-earnings momentum trade and will also take call options for
the Feb 16 expiration the day after the report ( Striking $8 & 8.5). Of interest, a rate cut
may be getting baked into RDFN.
COINBASE #COIN suggests a cooling off period may occurCOIN is already quite significantly off it's highs
after NEARLY reaching a major Linear inverse Head and shoulders
we now have a lower timeframe Head and shoulders top that has nearly triggered
a warning sign that the crypto market needs a breather.
The target projects down to the initial neckline of the larger pattern.
Wow big moves!
Macro Monday 26~Global Indexes Breaking OutMacro Monday 26
Global Index’s Breaking Out
As its Christmas Eve I wanted to do an early release for tomorrow and share something positive and Christmassy but at the same time share something of value, so here is a look at some of the major global ETF index’s and how promising they appear towards the end of 2023. A clear sector stands out.
Vanguard Total World Stock Index ETF - AMEX:VT
In brief this Exchanged Traded Fund (ETF) seeks to track the performance of the FTSE Global All Cap Index (the “Index”) which consists of 99% stocks. The top three portfolio components consist of:
1. 61% in U.S. stocks – The top 5 holdings within this segment are Apple, Microsoft, Amazon, Nvidia and Future on E-mini S&P Futures.
2. 7.6% stocks in the Eurozone
3. 6.1% stocks in Japan
The overall VT portfolio is typically weighted as follows: Cyclicals (34%), Sensitive (46%) and Defensive (20%). This ETF attempts to provide an economy weighted global ETF product by leveraging the worlds largest economy, the U.S. with some protection against downside risk with defensive and cyclical plays taking up over 50% of the portfolio exposure.
FYI – This index is extremely similar both on the chart and in price to the iShares MSCI ACWI ETF ( NASDAQ:ACWI ). This ETF aims to track the MSCI All Country World Index also. You can look this up and add it to your ticker list for a general sense of the direction of global markets much like the Vanguard Total World Stock Index ETF covered here today.
The Chart - chart features in heading of this article
Again, in brief you can see that we have a major breakout of a 3 year long pennant which is a bullish formation. We are also above the 200 day moving average which is slanting upwards (positive).
This Chart/ETF product gives a broad based view on the global economy at present however is obviously strongly reliant on the U.S. economy with 61% of the portfolio in U.S stocks so we will also have a look at a few other index’s that are looking positive at present.
iShares Global Energy ETF - AMEX:IXC
This index seeks to track the S&P Global Energy Sector Index and appears is primarily invested in the Oil and Gas sector. This index is designed to measure the performance of 52 companies in the global energy sector. The company sectors include the following:
1. Oil & Gas Exploration and Production Companies
2. Integrated Oil & Gas Companies
3. Oil Equipment, Services & Distribution
Integrated Oil and Gas makes up 53% of the portfolio, with Oil and Gas Exploration making up another 22%, and Oil and Gas Storage & transportation 10%. The remainder of the portfolio is other Oil & Gas equipment, services and derivatives.
The Chart
As you can see the chart is forming an ascending triangle and has made a series of higher lows due to upwards price pressure. Should this continue we should eventually have a breakout above the ascending triangle. We are now above the 200 day moving average however it has plateaued and thus we do not want to lose the $39.41 level which would mean we have lost our most recent higher low and would also confirm we have lost the diagonal support line. For now it is positive and we have price pushing higher with higher lows each month.
Global X FinTech ETF - NASDAQ:FINX
The Global X FinTech ETF (FINX) is an exchange-traded fund that seeks to track the performance of the Indxx Global FinTech Thematic Index. These are companies that are involved in the development and use of financial technology (FinTech).
The ETF seeks to provide exposure to companies at the forefront of financial technology innovation, including those involved in payment processing, digital banking, blockchain technology, peer-to-peer lending, and other disruptive financial services.
Interestingly, Coinbase Global NASDAQ:COIN is its largest holding at 9%, then Intuit Inc NASDAQ:INTU at 8% and Fiserv Inc NYSE:FI at 6%. Other notables are PayPal, Fidelity and Block which are all in the top 10 holdings making up about 4 – 5% of the portfolio each.
This is a fascinating little index that gives you exposure to some of the more established financial entities whilst also providing exposure to the trending innovative financial tech plays. One extra thing I like about this tracked Index is that it is 51% exposed to Information Technology but then you have c.40% in Financials, something people just cannot do without.
The Chart
We have a breakout of a long running descending wedge. Price has fallen c. 65% from the highs made a series of lower lows and has now broken out of the wedge and strongly broken above the 200 day moving average. As I always say, an entry off the 200 DSAM is usually ideal but we have a long term potential change of direction here on the chart could be a signal for FinTech playing a major role over the coming decade in finance. This leads me to my last chart of the day.
Global X Blockchain ETF - NASDAQ:BKCH
The Global X Blockchain ETF ( NASDAQ:BKCH ) is an exchange-traded fund designed to track the performance of the Indxx Blockchain Index. This ) The ETF seeks to invest in companies positioned to benefit from the increased adoption of blockchain technology, including companies in digital asset mining, blockchain & digital asset transactions, blockchain applications, blockchain & digital asset hardware, and blockchain & digital asset integration.
Earlier this year I spotted a very promising opportunity in the Cleanspark Inc NASDAQ:CLSK Chart, I checked the major components of this ETF only to find CLSK as a top three holding making up 12% of the portfolio weighting in the ETF, this helped confirm my conviction to place a trade. Since investing and sharing the original chart this stock has increased >100%+. As I noted above, when you see large institutional indexes/or tracked indexes showing a lot of faith in a company and putting their money where their mouth is with these sorts of weightings, it can be a confirmation signal after finding a brilliant looking chart. Marathon Digital NASDAQ:MARA is the largest holding in the ETF at 17% and Coinbase comes at 2nd place at 14%. The remainder of the portfolio is collection of other blockchain related firms including PayPal, Block, Cipher Mining, Nvidia, Robinhood, Bakkt holdings, Galaxy Digital…I think you get the picture.
The Chart
This chart is very similar to the Fintech Chart however it has some subtle differences that make it a more favorable chart. The 200 DSMA is clearly on the ascend for a number of months and appears to have demonstrated itself as support. We have higher lows and now a higher high…. which says a lot. We also have the obvious breakout from the pennant. All in All this is beautiful looking chart however we should note that we had a strong pull back in summer 2023 and we could have another from the $60 level. If you are placing bids on this chart it should be for the long haul and as always, an ideal entry is off the 200 DSMA or your Dollar Cost Averaging for a long term hold.
These are a few of the charts that I track closely but rarely talk about, some of the major holdings in these stocks helped lead some of my investment decisions this year. If big money and funds are investing in a company or sector where the chart is also looking good, its was always an indication to me that money could be flowing towards these stocks, especially when making up such large positions within these large index funds.
If you enjoyed me covering index and the inferences drawn from them let me know and I’ll share some of the others I track.
Folks things are looking really good for the long term on all the above global indexes
Happy Christmas Everyone
PUKA
AMP providing good R:R for a 300-400% Bull Cycle Altcoin PumpAmp is an Ethereum token that aims to “collateralize payments on the Flexa Network, making them instant and secure.” If a BTC or ETH payment fails due to unconfirmed or long transaction times “the Amp collateral can instead be liquidated to cover losses” while the vendor receives payment in fiat, potentially providing greater assurances to both parties.
The Risk: Reward looks very good for bullish reversal out of the extreme bear channel.
Be disciplined and take profit whenever the Beta to Alpha pump has completed
Global Fintech Index to target 464 after crossing 280Weekly chart,
Global Fintech Index , will complete 2 chart patterns above 280
Then, the target will be 464, passing through a strong resistance level at 350
Very positive, the MACD indicator has crossed the signal and zero line upwards.
Note, that the index can swing between the GREEN and RED lines until crossing up the GREEN line.
Is the PayPal bottom finally in? My bet is yes.After an excruciating 82%+ drawdown from all-time highs made 2 years ago, PayPal is finally showing some signs of bottoming action following the company's recent earnings report.
The new CEO Alex Chriss has got all of the right talking points and focused on the right areas of the business. The true growth areas of the company are still in question, but from a value stand-point the stock trades at some of the cheapest levels in the company's history.
From a technical perspective, the stock is holding the recent earnings gap up and is starting to form higher highs and higher lows on the daily. A breakout up and over this $59 area should bring a fresh wave of momentum buyers as the stock attempts to reverse its longer-term downtrend.
I recently acquired a long position for my longer-term investments portfolio and am looking for higher prices over the next several quarters and full year. (disclosure: long)