Gold | Ready for a downturn trend until 2070?Technical analysis of gold:
2-day timeframe
Gold is in an upward channel on the 2-day timeframe and is currently moving within that channel. Having reached the channel's ceiling, considering the previous reaction to the ceiling and a 12% decline, we expect a repetition of this trend.
If it intends to complete the downward trend,
Our target in the long term will be within the range of 2041 - 2070.
Longterm
Long term Investment Idea | Sharda Crop | 100% Upside Potential Long term Investment Idea | NSE:SHARDACROP | 100% Upside Potential
✅ Sharda Cropchem CMP - Rs 333
✅ Promoter holding 74.8 %
✅ Company is almost debt free.
✅ Good sales growth over 3-5 years.
✅ Company has good capex and global presence
The negative profit growth observed in companies like UPL, MOL, and Deepak Fertilizers suggests a broader sectoral trend, as similar trends in sales and OPM are evident across all agrochemical stocks.
Valuation is attractive and good to buy/accumulate for Mid to Long term gain from CMP
✅ Add more at Rs 320-300.
The sector is out of flavour and can provide a good contra bet. If good monsoon can further help in earnings.
Targets as per chart drawings.
Thanks
SPY Price Projection: Mid-2025 TargetRevealing Market Trends: Logarithmic Regression Analysis Indicates Bullish Path for SPY
In the ever-evolving realm of financial analysis, the search for reliable predictions remains ongoing. Logarithmic scale regression analysis, coupled with potent indicators, has emerged as a promising tool for discerning trends, particularly regarding assets like the SPY.
This analysis delves into the utilization of logarithmic scale regression alongside two robust indicators, offering insights into the potential trajectory of the SPY's price movement. It's essential to note that the interpretations and predictions presented are based on my analysis alone and should not be construed as financial advice. As with any market analysis, uncertainties persist, and actual outcomes may diverge from projections.
Logarithmic scale regression accounts for the exponential nature of price movements, providing a nuanced perspective on long-term trends. When combined with indicators such as moving averages or momentum oscillators, the analysis gains depth, revealing not only the direction but also the strength of the trend.
After meticulous examination of historical data and the application of analytical tools, our analysis suggests a bullish trajectory for the SPY, with a projected price nearing 620 EUR by mid-2025. This projection implies a significant uptrend from the current date, with a potential increase of approximately 20% over the specified timeframe.
However, it's crucial to approach such forecasts with caution, recognizing the inherent risks associated with financial markets. While our analysis indicates a positive outlook, market conditions can change rapidly, leading to deviations from expected trends.
In summary, logarithmic scale regression analysis, supported by robust indicators, offers valuable insights into market trends and potential price movements. While our analysis suggests a bullish sentiment for the SPY, investors should conduct thorough research and seek professional advice before making investment decisions.
Disclaimer: The analysis provided is based on personal interpretation and should not be considered financial advice. Investing in financial markets carries risks, and actual outcomes may differ. Readers are encouraged to conduct their own research and consult with financial professionals before making investment decisions.
#BOME is ready to boom! 🚀Trading Pair: BOME/USDT
Trade Type: Midterm
Current coin Status: The coin has broken out of a flag pattern and is currently retesting it.
Entry Point: The current market price (CMP) is a good entry point, and you can add more up to $1.43.
Profit Targets: The profit targets for this trade are between 40% to 80%.
Stop Loss: The recommended stop loss is at $1.34.
Recommended Leverage: A leverage of 5X to 10X is recommended.
Estimated Profit: The estimated profit for this trade is around 80%.
LTC/USDT - Long term view | Buy now and HODL #LTC/USDT #Analysis
Description
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+ The LTC price has decisively broken out from the resistance line and is now heading towards the next resistance level.
+ In the previous bull run, we observed a similar pattern that resulted in substantial profits for traders.
+ I anticipate a comparable pattern emerging in this bull run, indicating the potential for significant profits with this trade.
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VectorAlgo Trade Details
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Entry Price: 102
Stop Loss: 62
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Target 1: 142
Target 2: 180
Target 3: 226
Target 4: 389
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Timeframe: 1W
Capital Risk: 1-2% of trading capital
Leverage: 3x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Wanna Hold and Wait? Allright, #LTCLTC was a dead coin for a long while despite the fact that it's one of the most valued products on the market.
After the recent LTC Halving, LTC Destroyed most of its investors. I was one them and I've been waiting since the last crash (17 August).
Time for vengeance is about to come. Wait until it closes above 106 in a daily time frame.
Buy and wait.
Targets: 124,8-161,4.
Good Luck To Us All.
SasanSeifi 💁♂Ethereum - A Look at the 5-Day ChartHey there,✌
MEXC:ETHUSDT Price broke above the critical $2100 resistance level and consolidated with a bullish trend, reaching $4000. After reaching those highs, the price met some resistance and pulled back a bit. it's currently showing positive signs around the $3000 FVG (Fair Value Gap). As long as the price remains above $3000, the long-term outlook is bullish, with targets of $4400 and $4700.
In case of a breakdown and confirmation below the $3000 support, the probability of a deeper correction increases.
This is not financial advice, though❗ Do your research before making any investment decisions.
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌
SasanSeifi 💁♂Long-Term 5-Day TimeframeHey there,✌
As observed on the MEXC:BTCUSDT chart, the price has been on an upward trend since early 2023, reaching a high of $73,000. After breaking its all-time high (ATH), the price has entered a consolidation phase for about 19 days.
Here are some possible scenarios:
⏩After the consolidation period and volume accumulation, the price could potentially rise to the target range of $78,000-$80,000. Following a negative reaction or pullback, it could resume its upward trend and reach the $100,000 mark in the long term. To better understand the continuation of this trend, it is crucial to observe how the price reacts to the $80,000 resistance level.
⏩Alternatively, If the price breaks below the $60,000 level after consolidation and confirms support below it, the probability of a deeper correction increases.
This is not financial advice. Always do your research before making any investment decisions.❗
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌
USDCAD - Already Over-Sold! Again...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 USDCAD has been overall bullish , trading within the rising flat channel in blue.
Currently, USDCAD is approaching the upper bound of the channel acting as a non-horizontal resistance.
Moreover, it is retesting a strong resistance zone at 1.36 marked in green.
🏹 Thus, the highlighted blue circle is a strong area to look for sell setups as it is the intersection of the green resistance and upper blue trendline.
📚 As per my trading style:
As #USDCAD is around the blue circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
#BITCOIN POTENTIAL OVERVIEW!🚨#BITCOIN WEEKLY TIME FRAME TECHNICAL ANALYSIS🔔
After breaking the previous all-time high, which was $69,028 and achieving a new high of $73,773.
Currently trending above the strong support zone of $64,500 to $66,300, technically it’s a very strong support zone. Today is the weekly closing, and Bitcoin must maintain its position above the mentioned support zone.
Here we have two scenarios.
First, if this week's candle closes above the $64,500 support then in the upcoming week, we anticipate a bullish move towards the $94,500.
In the second scenario, if it does close below the support, then it is highly possible that it will drop to $38,500 to $40,000 before the halving, and that will be the last chance to buy bitcoin at a much lower price.
Here is the question: does it drop before the halving or after the halving?
So it is advisable to be prepared for this possibility, especially when accepting a drop before the halving event. This is because, historically, the market tends to shake out less experienced traders before the real bull run begins.
This chart serves as a valuable aid in making informed trade decisions and is intended solely for educational purposes.
Your insights and perspectives on the charts are highly appreciated and can be shared in the comment section.
Thank you for your contribution.
BTC - Detailed Video Analysis - in 2 mins!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📚 As long as the $70,000 holds, we are expecting a continuation till the upper bound of the channel and $80,000.
📚Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
UBS Group (UBSG): A Golden Opportunity for Investors?UBS Group (UBSG): SIX:UBSG
Considering that Switzerland is one of the first European countries potentially associated with interest rate cuts, sectors across the board, including the banking sector and specifically UBS Group, become quite intriguing. We've had to adjust and modify our analysis due to a breakout to the upside, suggesting a further upward trend before concluding the overarching trend. Please pay close attention if you're following along. We posit that Wave 2 concluded at 13.87 CHF, placing us in Wave 3.
We anticipate the reemergence of subordinate Wave ((iv)), which, in this case, should find support between the 23.6% and 38.2% levels. Given that all previous Wave 4s in UBS Group's pattern have been short and swift, we expect a repetition of this pattern, suggesting no further significant drops. Should we indeed pivot at the 38.6% extension level of 28.55 CHF and begin to develop Wave ((v)), we will issue a limit order once we observe tangible weakness in the price action. If there's an additional climb, our zone will be accordingly adjusted upwards.
XRP growth position for the coming monthsWe are approaching exit from the triangle after 6 years of accumulation. The chart shows the potential levels expected in the next few to several months, assuming that no black swan occurs along the way, such as COVID, which will dynamically withdraw capital from the markets.
The RSI shows how the lower level has been defended, and in the current accumulation period there is an emerging advantage of growth volume (green candles).
IDEA - Targeting $0.01🎯Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 IDEA has been overall bullish, trading within the rising wedge pattern in orange.
Currently, IDEA is hovering within a narrow range between the lower orange / red trendlines and $0.0065 resistance.
📈Scenario 1:
As we approach the $0.0045 support zone, we will be looking for new buy setups to catch the next upward impulse movement.
🏹Scenario 2:
For the bulls to regain control from a long-term perspective, a break above $70,000 is needed.
In this case, a movement till the upper orange trendline and $0.01 round number would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
EURUSD - Wait For The Bulls 📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 EURUSD has been overall bearish , trading within the falling wedge pattern in red.
Currently, EURUSD is approaching the lower bound of the wedge.
Moreover, it is retesting a strong support in green at $1.08.
🏹 Thus, the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green support and lower red trendline.
📚 As per my trading style:
As #EURUSD is hovering around the circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
NAVA*NAVA* Good for Holding around 9 Months ..... Current Price at *480* ......... Keep SL at *459.40* .... (On Closing Basis ... Means ... Daily Candle closed Below *459.40* )….. After Close Crossing *573.80* …. Trail SL to *545.85* Targets are Shown on Chart in Greens ..
Company has reduced debt.
Stock is trading at 1.09 times its book value.
Company has delivered good profit growth of 31.0% CAGR over last 5 years.
Arbitration :
Under the Arbitration initiated by MCL and its lenders against ZESCO, both the Parties have agreed to and got a Consent Award from the Arbitration Tribunal, London for US$ 518 Mn in Dec 2022 after giving a discount of US$ 60 Mn to ZESCO. ZESCO has submitted its revised payment plan of clearing US$ 338 Mn by Dec 2023 and the balance of US$ 180 Million by Dec 2024.
Debt Reduction :
MCL repaid US$ 98.4 Million to its lenders during the year bringing down the loan to US$ 315 Mn as of March 2023 from US$ 413 Mn as of March 2022.
Pradeep Metals #PRADPME #Multibagger #Investing *PRADEEP Metals* #PRADPME Good for Holding around 9 Months ..... Current Price at *228.05* ......... Keep SL at *205.15* .... (On Closing Basis ... Means ... Daily Candle closed Below *205.15* )….. After Close Crossing *273.30* …. Trail SL to *260* Targets are Shown on Chart in Greens ..
Looking Good for Short Term Swing Trade, Also Can Hold for Atleast 9 Months,
Company has delivered good profit growth of 42.9% CAGR over last 5 years.
Company has a good return on equity (ROE) track record: 3 Years ROE 29.0%.
Expansion:
Company plans to acquire and install a 2.25 MW Land Based Solar Plant, on turnkey basis, at Rs. 1.2 Cr. The Solar Plant will be commissioned in FY24.
Patent:
a) On 21st November 2023, PML, jointly
with Chubu University Educational Foundation, Japan, was granted Patent for invention entitled Microwave Composite Heating Furnace. This invented process can be used to produce a purer grade pig iron using fine iron ore and coal powder, without using expensive coke, which results in a reduction in Greenhouse gas emission by up to 50%
b) On 21st June 2023, company was granted Patent for inventing Continuous Process for Baking of Cured Friction Material using Electro magnetic Energy. This process completes the baking process in manufacturing of brake pads, drum linings and clutches, which are used in speed reduction applications, in a shorter duration using microwaves, resulting
in saving of energy.
SasanSeifi 💁♂ Potential for Renewed Growth❓🤔Hey there,✌
As you can see on the chart, the price of KUCOIN:EOSUSDT has been in a specific range for the past 8 months. After this period of fluctuations, the price broke out with a 50% increase and reached the $1.30 liquidity zone. However, at the moment, the price is trading around $1.
Looking at the long-term time frame, one scenario we can consider is as follows: After ranging, if the support levels of $0.85 and $0.50 are maintained and confirmed, there is a possibility of another rise to the $1.30 range. In the long term, if the price breaks and stabilizes above the 200 EMA in the $1.30 range, the upward momentum will be stronger and a target of $2 can be considered. On the other hand, if the price falls below the $0.85 range after ranging, a correction to the $0.50 range can be considered.
This is not financial advice. Always do your research before making any investment decisions.🙌
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌
SONAE: Fundamental figures too good to overlook. Time to buy?Fundamental Analysis
EBITDA: +7.2% YoY (to €990M in 2023)
Margin: 11.8% (-0.2 points YoY)
Net Income Group Share = 357 (+6.3% YoY)
PER: 1680 / 357 = 4.71 (heavily undervalued considering below data and historical PERs)
Net Gearing (Net Debt To Equity Ratio, ): 526/3462 = 0.15 (15%, Prudent)
Total Debt To Equity Ratio: 5383 / 3462 = 1.55 (around 1 to 1.5 is healthy according to British Business Bank's article "Debt to equity ratios for healthy businesses")
Current ratio: 2010/2502= 0.80 (not healthy and almost unchanged with respect to 2022, see next line. According to Wall Street Prep, 1.5 to 3.0 is healthy)
Net Debt to Ebitda = 526 / 990 = 0.53
Working Capital = -1220M€, keeps being negative. Very interesting article from eFinanceManagement explains the Advantages of Negative Working Capital for a cash-rich company whose operating cycle is fast (it may mean that they can bargain very well with their suppliers who provide the funds and the flexible time limit to pay).
Prev Current ratio (2022): 1938/2465 = 0.79
Proposed dividend for 2023: 0.05639€
EPS = 357M€ / 2000M = 0.18€/share (ATH?)
Current dividend yield = 6.19%
Dividend Payout Ratio = x 100 = 31%
Free cash flow Dividend payout ratio = x 100 = 60%
Technical Analysis
There was a disjoint channel happening since July 2022 on the Daily Graph in which the share price dropped out in the lower end in December 2023. Since the company has very good fundamentals, the possibility of an inverse H&S could be around the corner, having an interesting point of entry at 0.78-0.81. However, the share price is already heavily undervalued considering the fundamental analysis previously done. The daily RSI (14) bounced back in March 2023 from below 30 directly to the upper band at 70 indicating the possibility of a continuation of share price upward movement up to +20%. Therefore, it is up to the investor to decide whether at current prices (0.85-0.88€) is already worth the risk (if the 0.78€ ever gets touched and then bounces back up, the drawdown risk would be -11.4%).
Finally, it is expected that on May the company will pay the dividend. Therefore, the share price may re-adjust its value upwards in April before the dividend is paid and the share price is subsequently slashed down again.
Have a great week ahead.
Analysis of Silver in the Daily Timeframe 📈Silver had a very important resistance that it broke through with strength and now that range has turned into strong support. Silver faces another important resistance on its way, if it fails to surpass and break that resistance, we can expect a price drop to the support range of 23.417. However, in case of breaking the resistance, we may anticipate an upward movement towards the price of 25.47. 🪙