HODL vs Distribution or Bitcoin Doesn't Reproduce in CaptivityThe new generation of investors is more likely to lose interest in bitcoin that is not for sale. Price and time tend to infinity at the same speed.
Growth
Stock of the Week: Poddar Pigments with Robust Financial HealthStock of the Week: Poddar Pigments ( NSE:PODDARMENT PODR)
Fundamental Analysis :
Poddar Pigments showcases a robust financial profile, making it an attractive pick for this week. The company holds more cash than debt on its balance sheet, indicating strong liquidity. Its liquid assets exceed any obligations, providing a solid financial cushion. Additionally, NSE:PODDARMENT Poddar Pigments has reported consistent profits over the last six quarters, highlighting its stable and reliable performance.
Technical Analysis :
From a technical perspective, NSE:PODDARMENT Poddar Pigments is trading above all major moving averages, signalling a bullish trend. The stock has achieved a significant 52-week breakout and is also breaking out of a box formed by the last 12 months’ consolidation zone. This breakout is supported by good volume strikes, indicating strong market interest. Moreover, Poddar Pigments demonstrates relatively higher strength than the Nifty index, with the RSI crossing above 60, further affirming its upward momentum.
Entry - CMP
Stop loss - 396.55
Potential upside - 643
ASX:OFX – A Rare Gem with Perfect Piotroski Score and Breakout PFundamentals :
OFX Group, listed on the ASX under the ticker OFX, presents a compelling investment opportunity this week. The company boasts a perfect Piotroski F-Score of 9, an exceptionally rare achievement that underscores its financial strength and operational efficiency. Currently trading at its fair value, OFX has turned profitable over the last 12 months and is poised for continued profitability this year. ASX:OFX ASX:OFX
Technicals :
From a technical standpoint, OFX has achieved a significant 52-week breakout, further enhancing its investment appeal. The stock has formed a rounding bottom pattern, a classic technical signal indicating the potential for a strong upward movement. Analysts project a potential upside of 30%, making this a promising candidate for growth.
A potential Setup:
• Entry: Current Market Price
• Stop Loss: $2.00
• Potential Upside: $2.90F
XAUUSD Daily Proportional StrategyThe Daily Proportional Strategy is based on volatility. It involves trend tracking for a financial asset transitioning from a sideways movement to an upward trend. It relies on the scalp method.
This is not investment advice and does not provide guidance. It is for educational purposes only.
WICKS read stories & LOW ATR means BULL POWER Wicks play book stories and body candles tells us the facts = PRICE ACTION
See prior ATR vs now. See the up move from before and what is expected next. When ATR taps the moving average, candles move up into SPACE. See for yourself BULL RUN has been placed on hold just for a moment, not because of ATR, but because there’s a dump hold. Not sure why. Not all data is displayed.
When I said BULL RUN, meant it. It’s no tinfoil hats making this up.
ATR is under the MA. What does this read to us? Reads BTC turning into a HULK soon.
This is part of my algorithm.
Blue wave is my algo, see before and after. There’s no signal for a major dip. Reads consolidation. When my blue wave begins to curve up, then I’d be worried. That could mean we may see $60k.
See my first yellow square that points out to my ATR. Compare that to when BITCOIN made its move up vs now. You'll get your answer
Equal high always means downtrend or to stay within range. It’s a crypto rule, it must abide by its regulations. Can this be part of the dump? Who caused this equal high wicks.
What have we seen so far? Stability:)
Hope this keeps you motivated
The END
Would you still increase your holdings at this point?The the stock of social media company has risen by 8.06% in the past month, lagging the Computer and Technology sector's gain of 8.7% and overreaching the S&P 500's gain of 3.34%.
The stock is at an all-time high, but positions are not larger than ever, and traders are cautious and not rushing into the market.
BALAJI AMININESThis Stock is having a Price range squeeze form 2022. Probability of having a range breakout is high. Bullish breakout or Bearish Breakout is possible.
Having Higher quarterly growth. And Government Policy on Chemical Sector GST. Possibility of moving higher is there.
Nvidia - How high is too high?Nvidia (NVDA) continues to defy gravity, hitting $140 in pre-market trading today.
This translates to:
A 23% increase in June alone
A 55% increase in Q2
A staggering 184% increase since the beginning of the year
A 225% year-to-date (YTD) surge
These are the kinds of figures we've come to expect from Nvidia, making even impressive YTD gains of 27% by companies like Microsoft look pedestrian. Nvidia's rise has also propelled it to the top of the market cap rankings, becoming the world's most valuable publicly traded company.
The Question of Sustainability
The burning question is, can this growth be sustained?
So far, Nvidia has the numbers to back it up. The company has already generated more EBITDA this year than in all of FY2023. While its Price/Earnings Growth (PEG) ratio of 1.55 suggests a slight overvaluation, and has been increasing steadily for a year, it remains below the PEG ratios of multi-trillion-dollar peers like Microsoft and Apple.
Technical Indicators Flashing Green
The technical indicators also paint a bullish picture. The stock is well above its short-, mid-, and long-term moving averages, indicating strong momentum. The recent surge in volume further confirms heightened investor interest.
The Bias and Sentiment Strength (BASS) Indicator, a composite tool created by @mattzab combining several technical indicators, also flashes a strong buy signal for Nvidia. (For a detailed explanation, see this page: ).
The Road Ahead: Smooth Sailing or Bumpy Ride?
The big question is whether we'll see a soft landing, a minor pullback, or a significant dip. This will depend on how many investors decide to take profits and the speed at which they do so. A rapid sell-off would likely be triggered by a sudden collapse in the "AI hype" or if companies find themselves unable to effectively utilize their new AI chips, or their efforts to capitalize on LLMs fail.
It's still early days in the AI boom, but parallels have already been drawn with the dot-com bubble which many investors are old enough to remember. It took Apple more than 5 years after the crash to reach its dot-com peak, and Microsoft needed more than 14 years. While there is no looking back for these stocks now, one shouldn't forget that Cisco, which was regarded as a crucial internet infrastructure provider at the turn of the century, never reached its dotcom peak again. But then again, past market crashes do not guarantee future losses, or how did the saying go again?
For now, the status quo remains: everyone is bullish as long as everyone else is bullish as well.
As always, stay vigilant out there!
Found a HIDDEN BULLISH DIVERGANCE: Here is a hidden bullish divergence that is still in process. Show to complete by today at 5 PM PT.
MY custom RSI has not completed its lower low yet and will by today at 5 PM PT. This means the bullish reversal from a LL will start making its way up.
Then hopefully the BULL gets released.
J symbol for the month of JUNE and numerics for the day of the month. Days are separated by each tick of 5 days.
This is a thorough detailed idea that shows in my opinion to come next with very little to say.
Bull Call ASMLFor ASML a Bull Call 950/1050
Buy Call 950
Sell Call 1050
Difference is €100 with a premium of around €45, this spread can therefore provide a max profit of 120% if ASML ends up above 1050 on 20 Sept'24
AMSC Computer medium cap beats earnings LONGAMSC on the daily chart has went 3X in 7-8 months on the strength of earnings beats and
the tailwinds of the AI supertrend. I see this as an excellent swing long trade to hold into
the next earnings in 3-4 months. AMSC is currently at its ATH and going higher means no
overhead resistance.
Microsoft Price Target Raised to $555shares of the software maker had gained 5.32% over the past month, outpacing the Computer and Technology sector's loss of 3.05% and the S&P 500's gain of 3.71% in that time.
A Future PredictionHello, I drew this a while back. Using the Big Boon I tried to create a predictive chart that outlined a general trend. Let me know what you think.
MPWR is taking off, DO NOT miss this oppotunity !Time to fly with excellent technical and good fundamental stock
Stoploss (100%) when close price less than 616
Take Profit (30%) when close price reach 1358
ETCC is taking off, DO NOT miss this oppotunity! //BE CAREFULTime to fly with excellent technical and fundamental stock
#Even though it seems like too high but worth enough to take this risk but you have to control your risk carefully
Stoploss (100%) when close price less than 0.67
Take Profit (30%) when close price reach 4.87
RDVT is taking off, DO NOT miss this oppotunity !Time to flywith excellent technical and fundamental stock
#Even though it's a little bit high but worth enough to take this risk
Stoploss (100%) when close price less than 19
Take Profit (30%) when close price reach 32
RDW is taking off, DO NOT miss this oppotunity !Time to flywith excellent technical and fundamental stock
#Even though it's a little bit high but worth enough to take this risk
Stoploss (100%) when close price less than 4
Take Profit (30%) when close price reach 11.7
KARO is taking off, DO NOT miss this oppotunity !b]Time to fly with excellent technical and fundamental stock
Stoploss (100%) when close price less than 25
Take Profit (30%) when close price reach 53
ALTR is taking off, DO NOT miss this oppotunity !b]Time to fly with excellent technical and fundamental stock
Stoploss (100%) when close price less than 81
Take Profit (30%) when close price reach 138
EXR is taking off, DO NOT miss this oppotunity !b]Time to fly with excellent technical and fundamental stock
Stoploss (100%) when close price less than 134
Take Profit (30%) when close price reach 221
Notcoin real price predictions coinmarketcap.com coinmarketcap.com
Considering that the NOTCOIN is the first currency lunched on TON blockchain and have the full support of ton blockchain
The NOTCOIN price will be affilliated to the TON price in so many ways
Look at the total supply of TON and NOT
TON= 5.107 billion
NOT= 102.71 billion
Total supply of NOT is 20.11 times more than TON
The price of TON is 7.90 at the moment
So we have this
7.90 / 20.11 = 0.39 is the real value of NOT
Important: total supply of NOT will never increase Rather, it decreases due to token burning
So sure NOT have the potential to reach 1 dollar per coin B the real price is 0.39 by now, sure when TONCOIN grows NOTCOIN will also grow.
Next phase is loadingATTENTION: Bitcoin is starting to prepare for the next phase! If you don't currently know what phase we are on right now listen up... In this next phase, it is time to diamond hand it out and wait. No more accumulating as the gains will start shrinking less and less and there is no need to increase your average buy price - you will only lower your potential gains. When Bitcoin dominance begins to run up, prepare for a massive altcoin season afterward.
NFA, and always DYOR.
DUMP These LOSER ALTCOINS (•_•)This post is not aimed at meme coins but instead at projects that were once titans in the crypto space, or coins that just didn't live up to their fundamental promise.
I'm not saying you can't win with these coins, you can obviously win with any coin if you swing trade when there's volume. This post is more aimed at bag holding - and the future prospects of your investment.
1) HBAR
Unfortunately, HBAR had a great idea but didn't succeed in securing market dominance. The other factor to consider here is that HBAR was never created to be a speculative coin, but instead to be used on the native blockchain in software solutions. Similar to XRP, this makes me wonder if the team just used the asset for liquidity to finance business projects.
2) XRP
Ahh, Cripple. Love to hate it. This one needs no introduction. Foul play and forever unable to reclaim it's status as a trust-worthy asset.
3) LTC
I've been bullish on Litecoin for a long time... perhaps too long. Made some profits on it, but I'm afraid the higher TP points aren't looking reachable any time soon.
Similar to CRV, it's healthy to know when to jump a sinking ship. Both have evolved way past their original form and there is just no use case that could justify new ATH prices.
4) ADA
I've said it before, and I'll say it again - I don't have faith in altcoins (NOT TALKING ABOUT MEME COINS) that lose more than 85% of their ATH. I'm more specifically referring to the titans/giants. Rugs these days could do -99% in a day - that's not what I'm looking at here. These were projects that boasted loud about their fundamental usecase and set ridiculous targets for itself. (Remember how Chris Larsen said XRP CAN'T be under $1?) Welp, he's not the only one that oversold his coin and took the market for a fool.
5) ALGO
I'm divided on this one. Perhaps if you give it your best shot, you may still change my mind. But the chart looks terrible - nowhere near previous ATH and shows no sign of getting there any time soon, either.
You can really see how these coins got left behind if you compare them with Bitcoin. Overlay any of these with the BTC chart, and you get something similar to this:
Again, you could swing trade these - but bag holding and hoping for better days are counterintuitive to the fast-moving pace of cryptotrading.
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BINANCE:HBARUSDT BINANCE:XRPUSDT COINBASE:LTCUSD BINANCE:ADAUSDT COINBASE:ALGOUSD
