VSH | Vishay Intertechnology | BuySomething for the long hold.
Reasons
Technicals:
- Outbreak of range, range should act as support
- Lot of room towards the current ATH 141%
- Buy zone 1 (based on a former S/D level was highly respected, tho potentially further liquidity grabs could happen
- Also S/R Level 1 is a resistance levle that could potentially hold any uptrend down
Fundamentals
- Develops MOSFETS, ICs, Diodes, Rectifiers, Optoelectronics, Resistors, Inducators etc.
- Uses cases for robotics, military, space
- Next Earnings report: 7. August 2024
Targets:
Target 1: Around $34, where i will close 50% of my position, while letting the rest run.
Target 2: Around $51, where the rest of my position will be closed
Good luck
Disclaimer:
- My posts are mostly for my own journaling
- This information does not constitute as financial advice and is only for educational purposes. I am not your financial advisor.
- You trade entirely at your own risk
- Make your own research
- Finance and trading is evil, capitalism is bad, duh ;)
Nyse
Magnolia Oil & Gas (MGY) AnalysisCompany Overview:
Magnolia Oil & Gas, an independent U.S. oil and gas company, has demonstrated significant growth, with a 151% increase in returns on capital employed over the past five years. This achievement, combined with a reduced capital base, positions MGY for substantial stock price appreciation as investors take notice.
Institutional Interest:
Hedge funds and institutional investors have been accumulating MGY shares. Lindbrook Capital LLC increased its stake by 61.5% in Q1, and Commerce Bank boosted its stake by 4% in Q4. Investment banks like Mizuho have raised their target price from $26.00 to $28.00, and Capital One Financial has given the stock an "overweight" rating with a $28.00 target price.
Financial Performance:
NYSE:MGY boasts a return on equity of 20.41% and a net margin of 30.46%, reflecting its strong market position and pricing power.
Investment Outlook:
Bullish Outlook: We are bullish on MGY above the $23.00-$24.00 range.
Upside Potential: With an upside target set at $35.00-$36.00, investors should consider Magnolia's impressive financial performance and increasing institutional interest as key drivers for future stock appreciation.
📊💼 Monitor Magnolia Oil & Gas for promising investment opportunities! #MGY #OilAndGasStocks 📈🔍
MTR => Mesa Royal Trust => Potential long term investment opp.Stock and Timeframe:
The chart is for "Mesa Royalty Trust (MTR)" on the 1-week (W) timeframe, which provides a long-term view of the stock's price movements.
Current Price:
The current price is shown as $8.20.
Trend Lines:
A downward yellow trend line is drawn, indicating a long-term downtrend. The price has broken above this trend line and seems to be retesting it as support.
Support and Resistance Levels:
Support Levels:
Around $8.20 (current price).
Around $7.75 (a lower support level if the current support fails).
Resistance Levels:
$19.87: This level is identified with a red horizontal line.
$35.34: Another significant resistance level marked with a red horizontal line higher up.
Price Targets and Potential Moves:
There are two significant potential price targets indicated:
First target: $19.87, with an expected gain of 156.26%.
Second target: $35.34, with an expected gain of 375.39%.
Annotations:
The chart mentions "retest," indicating that the price is currently retesting the previously broken trend line. This is a critical point to watch, as a successful retest could signal a continuation of the upward move.
Volume:
The volume bar indicates a significant increase in trading volume, which is a positive sign for the bullish trend, confirming the price movement's strength.
Summary:
Bullish Signs:
Break above the long-term downward trend line and retest.
Strong volume supporting the price movement.
Significant upside potential with targets at $19.87 and $35.34.
Watch Points:
Successful retest of the trend line is crucial. Failure could mean a return to lower support levels.
Resistance levels at $19.87 and $35.34 will be critical to watch for potential profit-taking or further bullish moves.
Strategy:
For long-term investors, this setup presents a potential buying opportunity with considerable upside.
For short-term traders, monitoring the retest and volume closely will be key to making informed decisions.
By keeping an eye on these critical levels and market behaviors, traders can make more informed decisions about their positions in Mesa Royalty Trust (MTR).
Teradata (TDC) potential Buy setupReasons for bullish bias:
- Harmonic Bullish BAT pattern formation
- Price is at strong weekly support
- Double bottoms
- Safe entry at neckline breakout
- Bullish divergence
- Positive earnings
Here are the recommended trading levels:
Entry Level(Buy Stop): 35.38
Stop Loss Level: 30.89
Take Profit Level 1: 39.87
Take Profit Level 2: 47.53
Take Profit Level 3: Open
KEYS potential Buy setupReasons for bullish bias:
- Price bounced from strong horizontal support
- Price gave a small consolidation breakout
- Price forming bullish pennant on weekly
- Bullish divergence
Here are the recommended trading levels:
Entry Level(CMP): 139.53
Stop Loss Level: 131.73
Take Profit Level 1: 147.33
Take Profit Level 2: Open
IEX (IDEX Corporation) potential Buy setupReasons for bullish bias:
- Price respecting long-term trendline
- Strong weekly bullish candle closing at horizontal support + trendline
- Bullish divergence
Here are the recommended trading levels:
Entry Level(CMP): 206.58
Stop Loss Level: 187.88
Take Profit Level 1: 225.28
Take Profit Level 2: 240.85
Take Profit Level 3: Open
Dutch Bros (BROS) Analysis Drive-Thru Coffee Experience:
Dutch Bros NYSE:BROS operates drive-thru coffee shops in the U.S., offering bold beverages and emphasizing friendly service and a fun atmosphere. During inflationary periods, Dutch Bros' cheaper prices compared to Starbucks attract cost-conscious consumers.
Leadership and Growth Potential:
The new CEO, Christine Barone, with her extensive experience at Starbucks, is expected to drive the next growth phase for the company. Her leadership is anticipated to enhance operational efficiency and expand Dutch Bros' market presence.
Investment Outlook:
Bullish Outlook: We are bullish on BROS above the $37.00-$38.00 range.
Upside Potential: With an upside target set at $55.00-$56.00, investors should consider Dutch Bros' competitive pricing and strategic leadership as key drivers for future stock appreciation.
📊☕ Monitor Dutch Bros for promising investment opportunities! #BROS #CoffeeMarket 📈🔍
NYSE Composite - Price Action Consolidated In A Triangle Pattern(1) The price was in an upward trend before reaching the 17,500 level.
(2) Following that, the price began to decrease, experiencing a drop of nearly 21%.
(3) After finding support near the 13,300 level, the price rose and broke through the neckline of the Inverted Head & Shoulder pattern.
(4) Subsequently, the price increased and is currently consolidating within a triangle pattern.
(5) If the price successfully breaks out, the potential resistance level will be around 19,650.
Intercontinental Exchange (ICE) AnalysisStrategic Moves and Regulatory Tailwinds:
Intercontinental Exchange NYSE:ICE is set to benefit from recent SEC regulatory proposals that could shift more trading volume back to public exchanges, enhancing ICE's competitive position. Additionally, ICE's $13 billion acquisition of Black Knight Financial will bolster its presence in the mortgage technology sector, providing comprehensive exposure to the mortgage origination value chain.
Investment Outlook:
Bullish Outlook: We are bullish on ICE above the $124.00-$125.00 range.
Upside Potential: With an upside target set at $195.00-$200.00, investors should consider ICE's strategic acquisitions and favorable regulatory environment as key drivers for potential stock appreciation.
📊🏦 Monitor Intercontinental Exchange for promising investment opportunities! #ICE #MarketGrowth 📈🔍
Cava Group (CAVA) AnalysisRapid Expansion and Market Growth:
Cava Group NYSE:CAVA Group, a Mediterranean fast food chain, is rapidly growing with 323 locations and aims to reach 1,000 by 2032. This expansion could triple its annual revenue. Cava leverages AI to improve order accuracy and service speed, boosting financial performance.
Financial Performance and Profitability:
In Q1 2024, Cava reported a 25.2% profit margin and $19 million in operating income. Its strong unit economics suggest it can fund growth and remain profitable. Since going public, Cava's EBITDA nearly doubled in the latest quarter, showcasing financial strength.
Investment Outlook:
Bullish Outlook: We are bullish on CAVA above the $82.00-$83.00 range.
Upside Potential: With an upside target set at $125.00-$126.00, investors should consider Cava's strategic growth plans and financial robustness as key drivers for potential stock appreciation.
📊🥙 Monitor Cava Group for promising investment opportunities! #CAVA #FastFoodGrowth 📈🔍
Guidewire is on a bullrun, the price may increase further(1) The price was repeatedly rejected near the 130 level before experiencing a significant drop.
(2) After a substantial correction, the price found support around the 52 level and surged upwards with great momentum.
(3) Ultimately, the price successfully broke through its previous resistance on high volume and is now holding above the breakout level.
PG potential Buy setupReasons for bullish bias:
- Ascending triangle breakout on weekly
- Bounce from strong support that was previous long-time weekly resistance
- Positive Earnings
- Buy Stop order at HH breakout for further confirmation
- DOW theory Alignment
Here are the recommended trading levels:
Entry Level(Buy Stop): 162.19
Stop Loss Level: 152.98
Take Profit Level 1: 171.4
Take Profit Level 2: Open
Bread Financial Holdings (BFH) AnalysisInvestor Confidence and Financial Targets:
Bread Financial Holdings NYSE:BFH is attracting investor interest after setting a medium-term ROTCE target in the low-to-mid 20% range, showing strong confidence in its business model.
Market Outlook and Analyst Expectations:
Analysts expect this to drive up valuation multiples, boosting the stock price. Improved credit sales and robust consumer spending, along with new partners and holiday spending, suggest a strong future for BFH.
Investment Outlook:
Bullish Outlook: We are bullish on BFH above the $37.00-$38.00 range.
Upside Potential: With an upside target set at $56.00-$58.00, investors should consider Bread Financial's strategic financial targets and positive market trends as key drivers for potential stock growth.
📊💳 Keep an eye on Bread Financial Holdings for promising investment opportunities! #BFH #FinancialHoldings 📈🔍
Comfort Systems USA (FIX) Analysis Benefiting from Macro Trends:
Comfort Systems USA NYSE:FIX , specializing in HVAC services, stands to benefit significantly from key macroeconomic trends. The post-pandemic surge in nonresidential construction, especially in manufacturing, driven by initiatives like the CHIPS and Science Act of 2022, creates substantial opportunities for the company.
Strategic Positioning:
The CHIPS Act and supply chain challenges emphasize local sourcing, particularly for semiconductors, positioning Comfort Systems favorably amid this strategic shift. Geopolitical and demographic trends, coupled with advancements in industrial software and automation, further support reshoring and domestic technological investments, enhancing Comfort Systems' growth prospects.
Investment Outlook:
Bullish Outlook: We are bullish on FIX above the $275.00-$277.00 range.
Upside Potential: With an upside target set at $445.00-$450.00, investors should consider Comfort Systems' strategic alignment with macroeconomic trends and its strong position in HVAC services as key drivers for potential stock appreciation.
📊🔧 Stay informed about Comfort Systems USA for promising investment opportunities! #FIX #HVACServices 🌐🛠️