- The People’s Bank of China on Tuesday trimmed its one-year loan prime rate (LPR) by 10 basis points from 3.65% to 3.55%, and reduced the five-year rate by the same margin to 4.2%. The cuts follow reductions in other interest rates last week. The LPR sets the interest that commercial banks charge their best clients, and serves as the benchmark for household and...
PRA Group is currently trading above a Support/Resistance Congestion Zone visible on the Weekly Timeframe, and at this zone it has formed a decently sized Bullish Shark pattern with a Bullish PPO Arrow as confirmation, and this all happens to align with the all-time 0.786 retrace. If this plays out, I think it could come back up to make around a 0.886 retrace,...
Consumer Credit has recently risen to over $1 Trillion and this rise happens to align with a 2.618 Fibonacci Extension and the PCZ of a Bearish ABCD. If we view this based on the expectations of Harmonics and Fibonacci, we would expect that this is indeed the top and that we will now begin a retrace back down to trend, which could likely land us between the 50%...
The red indicator shows the level of delinquency for each quarter. The blue index is the SPX. We have an inverse correlation. With the increase in interest rates around the world, the cost of money becomes more expensive. The payment of loans becomes more expensive, so the percentage of defaulters tends to increase. To pay off debts, positions in the equity...
Upstart has a 7price target from myself In the future. Maybe a good buying spot.. Look at names like FSLY to compare
Now that the Federal Reserve seems committed to raising interest rates in response to inflation (something that they denied was a problem during 2021) we're going to see a shift in the way money is talked about in the near future. What does this mean for crypto, and the greater economy, overall? - The US growth and assets markets have been driven strongly by the...
SOFI has been successful in achieving a bank charter through the acquisition of California-based community lender Golden Pacific Bancorp. It has been consolidating on the weekly chart for almost a whole year now. With the MACD curling up & histogram turning white heading towards green while the RSI is heading to test 50, I really like this set-up. Some say it...
Can see afrm possbily getting a push towards 88 R above 84 , 88 follows . 95 - 104 resistance lvls follow above, likely these are just dead cat bounces and this will continue to fall.
China's outstanding loan balance reached a fresh record of CNY 172.75 trillion in 2020 and keeps growing, spurred by the increasing digitalization and booming e-commerce market. In China, 2020 was a milestone year for fintech. The year saw heightened regulatory scrutiny, intensified competition and business patterns were altered by the COVID-19 outbreak, both in...
I'd say, wait n profit. With some token release yesterday, now we're back to business. Not a financial advice.
SC Santander Consumer . RSI & CCI reversing at double top. Price at multi-year hi w/decreasing vol. Catalyst: $66 billion, or 5% of outstanding #autoloans are over 90 days delinquent (up $57B prev yr, & $35B prev decade).
Best entry impossible for 15m marketcap, but DYOR.
Well, as some nice investors PM me, there's an idea. I'll keep the investment strategy as Long (some guys told me that i only post LONG xD). Targets to LONG: 4.5 - 5 w/ max 31 million marketcap; 8 - more w/ max 60m marketcap. Stop: As graph. DYOR please. Not a financial advice. If you want to talk about (more), pm me.
Equalizer did a consecutive breakout and for most users gave them x3/4, but I believe that can give even more, something like x6/7 this month. Reasons: No more token release for more than 1 month; Uniswap getting lower and lower amount available; Announcements to be released this week, as said on Telegram (BIG); Not listed on Binance yet; Marketcap less than 20m...
Good project, with low risk. Not a financial advice.
We've been long this name since $19 dollars, we continue to believe this company will be worth 5-10x IPO value in the coming years! LONG TERM HOLD
I'm bullish on gold in the long term
It looks like the third wave has been extended.I think we Usd/zar will make higher highs