Huge Potential (profit and game-changer)INS EcosystemOverview
As people's lives are getting busier, they are turning towards technology to make their day to day tasks easier. Online grocery shopping being one of them was $98 billion in 2015 and according to IDG, it is poised to grow to $290 billion in 2020.
Even though convenience is key, cheaper prices can have a huge impact on where and how the consumer shops.
Enter INS ecosystem!
They are creating an ecosystem where suppliers can sell their product directly to the consumer. They want to cut off the middle man, the retailer, who has a markup range of 30% to 50%. This can mean that these savings can be passed onto the consumer.
Consumers can buy products from the platform using Fiat (2-3% card fees), BTC & ETH ( transaction fees) and you guessed it, leads us to the INS token which has virtually no transaction fee. The other payment methods have limited access to loyalty rewards whereas INS holders will be rewarded in full.
That leads us to price and potential price of token!
Currently, a token will cost you $1.29 (22/03/2018 21:37 GMT). When the token was made available for trading, the price was at $4.97 on Jan 12, 2018, quickly rising to $10.93 by 15th Jan 2018. Since then BTC fell and so did this token along with other alt coins. Right now you can buy the token at some discounted prices.
So the potential...
I do believe that if BTC hadn't dropped, this token would have rapidly increased in price. And here are some of the reasons why.
Huge interest from major brands such as Reckitt Benckiser
Pioneers in this industry using blockchain
Price saving for consumer and convenience
Suppliers don't have to deal with retailer bureaucracy
Supplier can reward consumers directly rather than paying for retailer promotions, thereby guaranteeing consumer loyalty.
If they actually manage to pull this off, this will revolutionise the grocery retail industry.
Now, imagine that they manage to pull it off and acquire 1% of the potential grocery market in 2020. That would be $2.9 billion. Now, let's say that their total supply of 50m tokens has been released. That would still put a token at $58 which is nearly 45 times the current value. Also, bear in mind that the suppliers themselves will have to store some of the token themselves to reward the consumers.
Alternatively let's say that they didn't manage to pull this off. Since they have given valid arguments, has interest from major suppliers, listed on major exchanges and hasn't been hyped much, when the hype does actually come, the forecast of $58 could be easily achieved.
Either way I have invested in this token (and no this isn't a paid promotion) as I believe it can provide me a good return on my investment.
Please feel free to share your thoughts on this.
Please do not take this as financial advise. Just my opinion. Do your own research before you do any sort of investment. This is just my analysis of the potential of the token and I could be wrong.
Grocery
Kroger Short-Term RetracementI am not licensed or certified by any individual or institution to give financial advice. I am not a professional Stock trader.
I think Kroger will have a brief retracement, or go sideways for the next few days or couple of weeks. Today (Monday, January 22, 2018) it formed a Hanging Man Candlestick. This is often a sign of reversal, but not always. The green trendline (bottom) I have drawn is based off the bottom wicks/shadows/tails of candlesticks (primarily January 04 and January 10 of this year). The orange trendline (top) is drawn off the actual bodies of candlesticks, rather than their wicks. Either of these could provide a support base for Kroger to once again continue bullish; or again go up only to hit pause on the blue horizontal line ($29.78ish) which seems to have snagged it as resistance for the past couple of trading days, but was also briefly acting as support back in June 2017.
I don't currently hold any positions in Kroger, but may consider a Put or two if it does start to follow my prediction.
Range trading with upside breakout potential.Technically Speaking
A clear range has formed since September of 2015, roughly 26-35. Price is near the bottom of the range as this goes to publish(28.93). A simple strategy would be to buy 26, sell 35.
I would however like to point out that above 35/36, supply is very thin until the 58 handle.
Fundamentals
The most important variable I handicap for when analyzing a stock is the likelihood I will LOSE all my money, not volatility. Even though I am a "technical" trader, I do like to try to estimate the probability of a position going to zero. This usually happens via bankruptcy or the companies products become obsolete, think Blackberry.
You can view the companies fundamentals here-https://www.google.com/finance?q=NASDAQ%3AWFM&fstype=ii&ei=Aq7-V4nBIdrmeqKBuIgO
Bottom Line
To me, buying at the bottom of the range, stopping out on a weekly close below 28. You could either take profits at the top of the range, if it gets there, or hold. The biggest gains, I have found, come from holding trades. I would hold for a break above 35 and see what happens. You could always move your stop to b/e or lock in profits.
MRU Weekly Look - People Gotta Eat!Pretty simple long setup on the weekly. We had a hammer close and RSI (5) shows extreme oversold. We can see a similar candle on the week of June 20th, which then lead to 4 straight green weeks. I don't expect much more downside for #MRU from this point. I have a short term target of 45.15 and 46-48 long term. There is a lot of open interest for the October 16 46 calls and 48 calls.
The Fresh Market - TFM - Back to the Bargain Bin - BuyHere is my chart from 9 months ago when TFM was in the low $30's prior to the run up over $40. I only added that TFM is the cheapest it has been so far. It is consistently profitable and total revenues continue to grind ahead.
You want to buy these quality stocks when others are selling and when they represent great value.
It's time again to back up the truck and load up on some TFM shares and look for a 5%-10% gain over the next 3-6 months. If it gets cheaper still, I will keep adding to the position.
Stay tuned.
Tim 31.98 last TFM May 22, 2015 1:42PM EST
