INJ - Bullish Momentum Persists 📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 INJ has been overall bullish , trading above the red trendline.
Currently, INJ is hovering around the trendline acting as a non-horizontal support.
Moreover, the 30.0 marked in green is a strong support zone.
🏹 Thus, the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green support and red trendline.
📚 As per my trading style:
As #INJ is around the red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📈 In parallel, for the bulls to take over medium-term and start the next impulse movement that will lead to the 50.0 round number, a break above the last major high in red at 40.0 is needed.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Longterm
ATH, growth curves AND when to buy, when to sellWe are on the way to seeing another ATH, There will be a pullback before we get there, Big picture, I'm long. BTC has potential to hit 500k.
I will be posting my predictions on shorter timeframes and reacting to the market conditions by adding to this post
📌BTC vs USDT.D - Who Follows Whom? 👀Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
I always keep an eye on USDT.D to gauge the overall crypto market sentiment.
📚 Today, I want to demonstrate the correlation between BTC and USDT.D:
- Last month, BTC broke above the previous major high (shown in blue), while USDT.D broke the previous major low and initiated an impulse movement.
- BTC is currently fluctuating within a narrow range around the $53,000 resistance level, while USDT.D is hovering around the 5% support level and the round number.
- BTC is expected to maintain its bullish trend unless it breaks below the last major low at $50,500, which would correspond to USDT.D dropping below 5.29%.
And so on... the picture is self-explanatory.
The question is... Who Follows Whom?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
RNDR Navigating Virtual Reality Boom with 360% Upside PotentialToday, our focus is on RNDR coin, a potential powerhouse in the long-term landscape. Given the rapid advancements in Virtual Reality technology and the expanding marketplace, RNDR stands poised to play a pivotal role, potentially leading to a meteoric rise in its value over the years. While the long-term outlook is promising, let's delve into the potential price perspectives for the next 3-6 months.
To kick things off, RNDR has solidified a robust uptrend, with each preceding supply area seamlessly transitioning into a demand zone. Notably, RNDRUSDT recently breached the resistance uptrend trendline, signaling an intensified bullish pressure. For the upcoming months, our attention turns to three key resistance levels determined by the Fibonacci retracement indicator.
The initial hurdle, the 361.8% Fibonacci level, could catapult RNDR by an impressive 140%.
The second, more significant challenge lies at the 561.8% Fibonacci level, promising an enormous 250% growth.
The pinnacle of this bullish cycle rests at the 761.8% Fibonacci level, translating to an astounding 360% surge from the latest demand zone.
In summary, RNDR's future appears exceptionally optimistic, and we remain vigilant, closely monitoring this coin's trajectory.
[TSLA] Tesla Idea of Investment EntryJust bought the open on TSLA today after PM-Break.
My main motivation came from the reverse H&S pattern we can see on 4h timeframe / 1D timeframe and touch of the low band of bearish channel.
I want to see NASDAQ:TSLA to the huge daily level we had previously but keep a close eye for potential reverse.
Great Trade !
Natural gas FibonacciNatural gas has a nice correction after the traders cash out their position after a big rally in price.
In this analysis i use Fibonacci retracements to see in the short term were the price can go.
The price hit 0.618 zone Fibonacci retracements in the correction down move so i expect to go back on the 0.618 zone Fibonacci expansion.
My TP is 1.720
Don't forget guys, this is just my opinion.
Good luck!
ETH - Make or Break Zone!Dear TradingView community and fellow traders,
I find the daily chart for ETH to be interesting as it appears to be forming one of my favorite patterns. What I call TRIO RETEST
1️⃣ => Non-Horizontal Resistance
ETH has been overall bullish from a long-term perspective, trading within the rising broadening wedge in blue and now approaching the upper bound / blue trendline acting as a non-horizontal resistance.
2️⃣ => Overbought
From a medium-term perspective, ETH has been trading inside the rising broadening wedge in red, and it is currently hovering around its upper bound / red trendline acting as an over-bought zone.
3️⃣ => Round Number
This week, ETH has been hovering around the $3000 which is a massive round number and psychological level.
🗒 That's why the blue circle with the red circle inside it is a zone to keep an eye on, as it is the intersection of three rejections.
📈 If broken upward, expect further long-term bullish continuation.
📉 In parallel, if $2850 is broken downward, expect the bearish correction to start.
📚 Hope you find this post useful. It's important to always adhere to your trading plan, including entry points, risk management strategies, and trade management techniques.
All Strategies Are Good; If Managed Properly!
~Richard
Disclaimer: The information provided is for educational and informational purposes only and should not be considered as financial advice. It is important to do your own research and make informed decisions before entering any trades. Past performance is not indicative of future results. Always be aware of the potential for losses, and never risk more than you can afford to lose.
Med/Long term BUY - FSL heading for ATH after Volume breakout?Many technical parameters have indicated that Firstsource Solutions Ltd (FSL) could double from current levels of around 120-130 to at least 240 within 1 year. Multiple TA indicators have aligned together, including volume increase between 9May23 to 14Jul23.
It is a medium to long term buying opportunity for upto 100% gains with a Stop Loss (SL) of 112 (15% risk).
Also, FSL is a fundamentally sound company, with current Market Cap of ₹ 9,325 Cr. and:
- Dividend payout of 47.5 % (yield of 2.64 %)
- P/E 18.3
- Stock Face value - ₹ 10
FRONT ANALYSIS🔮 #FRONT Analysis 💰💰
📊📊 #FRONT is making perfect and huge rounding bottom pattern in 3d time frame, indicating a potential bullish move. Also there is a formation of ascending channel. If #FRONT breakout the pattern with high volume then we will get a bullish move📈
🔖 Current Price: $0.5177
⏳ Target Price: $0.9204
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#FRONT #Cryptocurrency #Pump #DYOR
Hidden Gem in Tech Investments for 2024? Is Karooooo Ltd. (NASDAQ:KARO) the Hidden Gem in Tech Investments for 2024? Unveiling Its Explosive Potential!
Introduction:
Karooooo Ltd. (NASDAQ:KARO), a powerhouse in mobility software-as-a-service (SaaS) solutions, has been making waves in the connected vehicle space. With a comprehensive suite of services designed for fleet management, risk management, and logistical optimization, Karooooo's recent financial performances and market positioning suggest a company on the rise. This analysis delves into the details, providing investors with a clear picture of Karooooo's potential.
Revenue and Profit Forecasts:
Karooooo has demonstrated a strong financial performance, with a noteworthy increase in subscription revenue and earnings in Q2 2024. This trend is underpinned by an innovative product lineup and a solid market presence, promising a bright future for the company. Analysts have set the price target for KARO shares to range from $29.00 to $31.00, indicating a potential upside of approximately 21.9% from its current price.
Growth Drivers:
The primary growth drivers for Karooooo include its cutting-edge Fleet Telematics, LiveVision, MiFleet, and Karooooo Logistics platforms. These solutions cater to a growing demand for efficient fleet management and connected vehicle services across various sectors. Moreover, the company's strategic geographic expansion and focus on innovation are pivotal to its growth trajectory.
Recent Financial Performance:
Karooooo reported impressive earnings for Q3 2024, with EPS and revenues surpassing analyst expectations. This performance reflects the company's ability to exceed in a competitive landscape, reinforcing its market position and investment appeal.
Technical and Market Outlook:
Despite a fluctuating market, Karooooo has shown resilience with a relatively stable share price. The company's stock demonstrates less volatility compared to the broader software industry, suggesting a potentially safer investment in a volatile tech sector.
Conclusion:
Karooooo Ltd. stands out as a compelling investment option within the tech sphere, thanks to its robust financial performance, innovative service offerings, and strategic market positioning. As the company continues to navigate the dynamic tech landscape with agility and innovation, it presents a unique opportunity for investors seeking growth in the connected vehicle sector. With analysts forecasting a positive upside, Karooooo is undoubtedly a stock to watch in 2024.
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NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
RNDR is Ready to Explode !RNDR is an uptrend for a while and actually, it hasn't even gave the value it's supposed to give.
What do we have ? Let's discuss:
RNDR will pump more after a small correction according to Elliot wave theory. We are currently in wave 3. But inside that wave three we are about the see corrective wave known as A-B-C .
After the C ends, it will start a new uptrend with a 5 small waves. Because the main trend is going up.
+Nvidia is about the make an operation based on these kinds of products and RNDR is a partner of Nvidia. It can also help the price to pump more.
According to my analysis, RNDR should go 6.5 at least. Of course it's for only wave 3. After correction wave 4, we can expect more.
If you are willing to invest on this product, I'd not suggest to use leverage. There is already high potential gain and no need to risk it with leverage incase of an event after some bad news.
I'll share updates about this one often so you better keep up!
Good luck to us all.
Matic Long Term SetupHello everyone (whoever follows or aware that I exist),
I believe Matic will claim 1.34 in a month. We can expect a small correction from around there and then the last impulse move will occur.
All targets specified.
Good luck to us all.
TSLA - Where and why we can enter a confident long-term positionAside from Elon taking a stronger control position of the operations of the company (upping his equity stake from 10% to 20%), I also like the technicals of this chart for a near-term entry.
We just bounced off of our handy dandy blue tapered HTF selling channel and are looking for some of our buying algorithms to take hold. We are also forming a nice inverse head and shoulders to further indicate this reversal.
As always, I will keep you posted with analysis as price continues to move
Happy Trading :)
CRVUSDT LONG TERM A LOOK LİKE? As can be seen in the chart I drew, I have specified the support (green part) which is the collection zone and the resistance lines that will be tested after the breakout.
If you are a long-term investor, I think it will be a coin you should have in your wallet.
I'm keeping it on my watch list for now.
Exscientia's Bold Leap Forward in AI-Driven PharmaIntroduction: A Turbulent Turnaround
Exscientia plc (NASDAQ: EXAI), a pioneering force in AI-driven pharmaceuticals, recently faced a storm that tested its core. Amidst leadership controversies, the company has not just weathered the storm but is poised for a transformative leap, signaling a potent mix of resilience and innovation.
Recent Financial Performance and Market Dynamics
As of the latest update, Exscientia's shares experienced a modest uptick, closing at $6.92, marking a 2.67% increase. This movement reflects a dynamic response to both internal shifts and the broader market's reception. Notably, the company's market cap stands at approximately $864.585 million, with a trading volume that underscores robust investor interest. The EPS (TTM) is currently at -1.47, indicating the investment-heavy phase typical of pioneering tech-driven entities. The anticipation builds as the earnings date approaches, scheduled between March 18, 2024, and March 22, 2024, promising insights into the company's trajectory.
A Leadership Shakeup with a Silver Lining
Exscientia's recent headlines have been dominated by the dismissal of its CEO, Andrew Hopkins, following an investigation into "inappropriate" relationships with employees. This leadership crisis, however, has not dampened the company's spirit or its commitment to groundbreaking work in AI and pharmaceuticals. Instead, it has catalyzed a reflective reevaluation of its corporate culture and governance, setting the stage for a renewed focus on innovation and ethical leadership.
Growth Drivers and Innovation at the Helm
Despite the challenges, Exscientia remains at the forefront of integrating AI with pharmaceutical development. The initiation of EXCYTE-2, an observational clinical study in acute myeloid leukemia (AML), exemplifies its commitment to leveraging deep learning and single-cell precision medicine platforms. This study aims to investigate the relationship between ex vivo drug response and actual patient clinical responses, heralding a new era in personalized medicine.
Technical and Market Outlook: A Resilient Trajectory
The stock's technical indicators reveal a bullish pattern, with a day's range showing a high of $7.20, suggesting volatility and investor interest. The broader outlook remains positive, with analysts eyeing a potential upside, reflecting confidence in Exscientia's technological edge and market position.
Conclusion: Navigating the Future with Precision and Purpose
Exscientia's journey through recent turmoil to a place of potential and promise is a testament to the resilience and transformative power of innovation. As it embarks on a new chapter, free from the shadows of the past and driven by a commitment to revolutionizing healthcare through AI, Exscientia stands as a beacon of progress in the ever-evolving pharmaceutical landscape.
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NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
A Stock on the Brink of Breakthrough?Introduction:
In the ever-evolving landscape of biopharmaceuticals, Connect Biopharma Holdings Limited (NASDAQ: CNTB) emerges as a beacon of potential, navigating through the complexities of drug development with promising advancements and strategic maneuvers. This analysis dives into the core of CNTB's recent activities, financial health, and future prospects, shedding light on why this stock might just be the next big thing in the biotech sphere.
A Strategic Pivot: Key Developments and Milestones
Connect Biopharma, with its focus on developing novel therapies for autoimmune diseases and inflammation, has recently made headlines with significant strategic developments. The company's lead product candidate, rademikibart, is currently under pivotal trials for atopic dermatitis (AD) in China, with an NDA submission expected by Q1’24 and potential approval as early as 2025. Moreover, their global Phase 2 trial for rademikibart in asthma is on track, with last patient visits expected in October 2023 and topline readouts anticipated in Q4’23.
Financial Health: A Closer Look at the Numbers
The financial results for the first half of 2023 reveal a company steadfast in its research and development endeavors, albeit with a keen eye on sustainability. With cash, cash equivalents, and short-term investments of USD 131.6 million as of June 30, 2023, Connect Biopharma appears well-capitalized to support its operations into at least 2026. Notably, a decrease in R&D expenses and administrative costs compared to the previous year underscores a strategic allocation of resources towards its most promising projects.
Market Position and Technical Outlook
As of recent trading sessions, CNTB stock demonstrated a notable uptick, trading at $1.30 with a 7.44% increase. This movement, coupled with a consensus rating of "Buy" from analysts and a projected upside of over 500%, positions CNTB as a stock with significant growth potential. The company's stock price range over the past 52 weeks — from $0.5350 to $2.8400 — further highlights its volatility and the opportunity for substantial gains.
Conclusion: A Future Ripe with Opportunity
Connect Biopharma stands at the forefront of breakthrough treatments for autoimmune diseases, backed by a solid financial foundation and strategic clinical advancements. With key milestones on the horizon and a favorable market outlook, CNTB represents a compelling opportunity for investors keen on the biopharmaceutical sector. As the company progresses towards its pivotal trial outcomes and regulatory submissions, the potential for significant value creation looms large, making CNTB a stock to watch closely in the coming months.
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NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
How GLBS is Setting Sail for Success?!Introduction:
Globus Maritime Limited, a key player in the dry bulk shipping industry, has recently been in the spotlight for its financial performance and strategic moves in the shipping sector. With a fleet that transports a variety of dry bulk cargoes globally, GLBS's activities are a bellwether for the maritime shipping industry's health and prospects.
Recent Financial Performance:
For the third quarter ending September 30, 2023, Globus Maritime reported revenue of $7.7 million, with a noteworthy net income of $3.5 million for the quarter. This performance is part of a larger trend for the nine-month period ending in September, during which the company generated $24.1 million in revenue and net income of $4.9 million. These figures represent a significant operational achievement, underscoring GLBS's ability to navigate the complex market dynamics of the shipping industry.
Revenue and Profit Forecasts:
Looking ahead, Globus Maritime is positioned for growth. With the addition of the M/V "Glbs Hero," a new build Ultramax dry bulk carrier, to its fleet, the company is expanding its cargo-carrying capacity. This expansion, coupled with a favorable market outlook for dry bulk shipping, sets the stage for potential increases in revenue and profitability in the coming years.
Growth Drivers:
Several factors are propelling GLBS's growth. The acquisition of fuel-efficient vessels like the M/V "Glbs Hero" not only increases the company's operational efficiency but also enhances its competitive edge in a market increasingly focused on sustainability. Additionally, the recovery in global trade post-pandemic is likely to boost demand for dry bulk shipping, further fueling GLBS's growth.
Technical and Market Outlook:
The technical indicators for GLBS are showing promising signs, with a bullish pattern detected in its trading activity. The stock has fluctuated between $0.68 and $3.15 over the past 52 weeks, showcasing significant volatility but also opportunity for gains. With a current price around $2.21, the company's stock reflects a complex interplay of market dynamics and investor sentiment.
Conclusion:
Globus Maritime Limited stands at a pivotal point, with strategic fleet expansions and a favorable industry outlook paving the way for future success. Investors and industry watchers will be keenly observing how GLBS navigates the evolving market conditions, with an eye on its ability to capitalize on the burgeoning opportunities in the global shipping sector. As GLBS sets its course towards uncharted waters, its journey will undoubtedly be one to watch for those interested in the maritime trade and investment landscape.
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NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
Sailing Towards Prosperity or Navigating Rough Seas?Introduction
In the ever-evolving landscape of the liquefied natural gas (LNG) market, Dynagas LNG Partners LP (NYSE: DLNG) has been making waves with its recent financial performance and market positioning. As we dive into the company's journey, it's essential to analyze its revenue growth, financial health, and the strategic maneuvers that are shaping its future.
Introduction to Dynagas LNG Partners LP
Dynagas LNG Partners, a pivotal player in the transportation of liquefied natural gas, has been navigating the challenges and opportunities presented by the global energy markets. With a fleet dedicated to LNG carriers, the company plays a crucial role in the energy supply chain, ensuring the efficient and safe transportation of natural gas across oceans.
Financial Performance: A Mixed Bag
The financial metrics from the second quarter of 2023 reveal a complex picture. The company reported an Adjusted Net Income of $5.8 million, a decrease from the previous year's $9.1 million, largely due to increased interest and finance costs. However, voyage revenues saw a positive uptick to $37.7 million from $33.4 million in the same period last year, indicating robust demand for Dynagas' shipping services.
Revenue and Profit Forecasts: On an Upward Trajectory?
Dynagas LNG Partners has demonstrated resilience with a notable 19.90% year-over-year growth in revenue, reaching $158.59 million in the twelve months ending September 30, 2023. This growth reflects the company's ability to adapt and thrive amidst market fluctuations.
Growth Drivers: Strategic Fleet Utilization and Long-term Contracts
The company's strategic focus on securing long-term charter contracts has ensured a stable revenue backlog, estimated at $1.2 billion, with an average contract term of 7.4 years as of June 30, 2023. Such contracts offer visibility into future earnings and position Dynagas well for sustained growth.
Recent Financial Performance: A Closer Look
Despite the challenges, including unscheduled repairs and increased operating expenses, Dynagas has maintained a commendable fleet utilization rate of 91.7% for the quarter ending June 30, 2023. The slight decrease in the average daily hire rate per vessel reflects the competitive nature of the shipping industry but underscores the company's operational efficiency.
Technical and Market Outlook: Navigating Future Waters
The LNG market is poised for growth, driven by global energy transitions and increasing demand for cleaner fuels. Dynagas, with its strategic fleet management and robust charter coverage, is well-positioned to capitalize on these trends. However, the company must navigate interest rate fluctuations and operational challenges to maintain its competitive edge.
Conclusion: A Steady Ship in Turbulent Waters
Dynagas LNG Partners LP stands at a critical juncture, with significant opportunities and challenges ahead. The company's strategic long-term contracts and focus on operational efficiency bode well for its future. However, vigilance in managing financial costs and adapting to market changes will be key to ensuring that Dynagas continues to sail towards prosperity in the dynamic LNG market.
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NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.