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SOFI ($SOFI) BANK: A FULL TECHNICAL & FUNDAMENTAL ANALYSIS! BUY!NASDAQ:SOFI SOFI BANK: A FULL TECHNICAL & FUNDAMENTAL ANALYSIS! Here is what we are going to deep dive into in this video: 1.) Review Sofi's earnings report from this morning 2.) What SOFI's charts are telling us, using my "High Five Setup" trading strategy 3.) A look at the fundamentals of the company and what score /6 SOFI received on my "Valuation Pro Analyzer" Let me know what you think of my analysis in the comments below. What stocks do you want to see next through my strategies and tools? Did you buy the dip on NASDAQ:SOFI ? LIKE l FOLLOW l SHARE Not financial advice.
NASDAQ:SOFILong
by RonnieV29
Ryde Group Ltd. (NYSE: RYDE) - Testing Support LevelsSingapore-based mobility and quick commerce solutions provided Ryde Group Ltd. is seeing a test on the key support level of $0.450 over the shorter term period. The RSI indicator however, is showing an indication of the stock being oversold, which gives out a potential buy-at-low opportunity. Based on our understanding, a recent research report by Maxim Group had given a target price of $2.00 to the company, giving the company a significant potential upside ahead. We kept a BUY rating for Ryde Group for the next 12 months.
AMEX:RYDELong
by HASHInvests200
PFE chart update, Medicine is expensive So essentially, I tried to follow the trends. When doing so, it does form an interesting pattern. It almost looks like a long position chance. It depends on where support lands with price action, and where the trend breakout occurs, as there is a nice gap setup on the charts that puts PFE on a climb and allows it to form a bullish long term trend. Should trend break down past last support and confirm that underside exit, it would probably signal a bearish move is more likely. However, It's a neat setup to watch. good luck Link to other PFE chart will be attached.
NYSE:PFELong
by nicktussing77
1
Omni Network $OMNIOMNI Omni Network is a project that was launched recently and is an L1 blockchain designed to integrate the Ethereum Rollups ecosystem into a single system. The main goal of the project is to solve the fragmentation problem that occurs when using different Ethereum Rollups. Omni Network uses a "restacking" mechanism to ensure its security, so that it can utilize Ethereum's crypto-economic security. This allows Omni Network to allocate resources to secure its users and ensure efficient operations. Key features of Omni Network include: A unified operating system for decentralized applications running on Ethereum. Low latency communication between different rollups through the use of restaking technology. Improved security and performance through integration with Ethereum. Support for different rollup architectures and the ability to manage application deployments at the rollup level. Attracting significant investment and support from well-known market players including Coinbase Ventures, Pantera, Jump and Spartan Group. Roadmap The project roadmap includes several key milestones: Launching Omni EVM: Launching the Omni Ethereum Virtual Machine (EVM) is a major milestone. It serves as the global orchestration layer for application instances across multiple rollups. Omni Network Mainnet Launch: The launch of the Omni Network Mainnet is another important step. It will enable the network to unify the Ethereum ecosystem, making it easier to securely develop global applications across all layers (L2) of Ethereum. OMNI Token Launch: The Omni Network's native token, OMNI, plays an important role in the protocol. It serves as the gas for the Omni EVM, is used by Omni validator nodes, and is the currency of the Omni blockchain. Integration with Ethereum Rollups: The Omni network is designed to seamlessly integrate with the Ethereum rollup ecosystem, including optimistic rollups and ZK rollups. This integration will provide secure, low-latency communication between all Ethereum rollups. Security Improvements: The project has entered into a $600 million deal with Ether.Fi to improve the security of the Omni Network and the EigenLayer ecosystem as a whole. As part of the deal, Ether.Fi has allocated 600 million Ether (ETH) to secure the Omni Network. How it Works Omni Network utilizes a dual-path consensus mechanism that separates the consensus processes for Omni EVM and XBlock s. This approach enables fast transitions between states and block completion, providing processing efficiency and enhanced security. The integration of EVM into Omni Network provides a unified development experience, allowing developers to create global applications that are available across all rollups. EVM also supports global state management, allowing smart contracts to communicate with states across rollups and chains. To secure inter-rollup communications, Omni Network utilizes restacking, which leverages the crypto-economic security of CRYPTOCAP:ETH restacking. This approach provides strong security for both intra-chain transactions and inter-chain communications. Thus, Omni Network integrates all Ethereum rollovers into a single blockchain architecture, utilizes a dual-path consensus mechanism, and applies restaking to protect cross-rollover communications. This innovative approach is designed to increase the scalability of Ethereum and address the challenges posed by isolated rollup solutions. Team The Omni Network team consists of experienced professionals with backgrounds in computer science, blockchain technology and business development. Key members of the team include: Austin King is a prominent figure in the blockchain and cryptocurrency industry, known as the co-founder and CEO of Omni Network. He studied computer science at Harvard and has extensive experience in the crypto industry. Austin leads Omni Network and is dedicated to creating technologies that expand personal freedoms and improve global coordination. Tyler Tarsi is also a Harvard graduate and has extensive experience in the crypto industry. He leads a team of engineers with experience at companies such as NEAR, zkSync, PayPal, Meta, and Plaid. Tyler Tarsy has been working on Omni Network for several months and it was recently announced. Previously, he launched the Rift protocol, a structured DeFi product that created a liquidity marketplace and saved crypto projects millions. However, after 6 months of deep research and development, he decided to focus on Omni. Denisse Ditren is a key figure in the Omni Network. Denisse brings a wealth of experience to the project, having worked in operations, governance, risk and compliance across a variety of industries including military, traditional finance and digital assets. With more than 13 years of operations experience, Denisse has been instrumental in shaping Omni Network's operational structure. Grace Langton is a marketing and social media professional with experience in a variety of roles and companies. She has been heavily involved in the development and implementation of marketing strategies, particularly in the areas of social media management, brand development and influencer relations. Grace has worked with several well-known companies, including Bumble Inc. where she managed social media campaigns and organized events that increased audience engagement and subscriber growth. She was also involved in Bumble's rebranding and new feature rollout, increasing user engagement and promoting personalized interactions. The team also includes other members who contribute to the development and growth of the platform, such as senior frontend engineers, senior Go engineers, senior site reliability engineers, senior solidity engineers, and senior UI designers. Overall, the Omni Network team consists of highly skilled and experienced professionals from different fields who work together to build a robust and innovative blockchain platform. Ecosystem Omni Network serves as a single operating system for decentralized applications, allowing developers to build applications that can run on all Layer 2 solutions on Ethereum. It provides a programmable state layer to manage application deployment across different rollups, making it easy for developers to build scalable and secure applications. Key components of the Omni Network ecosystem include: Omni EVM: A parallel execution environment that operates under the same consensus umbrella as cross-rollup messaging. Restaked CRYPTOCAP:ETH : Omni Network utilizes EigenLayer restacking, a new primitive that extends Ethereum L1 crypto-economic security to external networks. Omni Driver: Enables secure communication between the Omni validator and the ETH restacker by requiring consensus participation. Natively Global Applications (NGAs): A new category of applications that dynamically propagate contracts and interfaces to any rollover, allowing them to access all Ethereum liquidity and users by default. The Omni Network ecosystem is supported by a variety of projects and tokens, including: OmniFlix Network: A decentralized content network built on top of the Omni Network. OmniBotX: A multi-chain and multi-tool bot that allows all DeFi tools to be used, with the $OMNIX token used for steebling. OmniFlix Network ecosystem: This includes creators, validators, developers and community members, as well as Telegram and Discord channels for updates and news. The ecosystem is supported by various exchanges including Binance, KuCoin, Gate.io, Bitget, and MEXC. The Omni Network ecosystem is designed to provide a secure, performant and globally interoperable architecture that will connect Ethereum's modular ecosystem and enable seamless interoperability between different blockchain networks. Tokenomics Total Supply: 100,000,000 OMNI Token Distribution: Ecosystem Development: 29.5% Team: 25.3% (subject to vesting schedule) Investors: 20.1% Community Growth: 12.7% Public Launch: 9.27% Advisors: 3.25% (subject to vesting schedule) Token Utility: Gas payments Network governance Staking Tokenomics Highlights: The NGM:OMNI token performs several critical functions in the Omni protocol.It can be used to pay for the gas required to process cross-rollup transaction requests and Omni EVM transactions. It can also be staked or delegated to Omni validators to contribute to the economic security of the network. By staking or delegating NGM:OMNI , you are rewarded and can participate in the management of the network when it goes live. Vesting Schedule: Individual contributors have a 4-year vesting period with a 1-year cliff for 1/4 of all their tokens, followed by a phased unlocking every 6 months for the remaining 3/4 tokens. All tokens allocated to core participants are subject to a 3-year unlocking schedule after the token generation event, which includes a 1-year cliff for 1/3 of their total tokens followed by a phased unlocking every 6 months for the remaining 2/3 tokens. All tokens allocated to investors are subject to a 3-year unlocking schedule, which includes a 1-year cliff for 1/3 of the total number of tokens followed by a phased unlocking every 6 months for the remaining 2/3 tokens. Audit According to the context provided, Omni Network has successfully passed an audit conducted by Cyberscope. Cyberscope's audit report states that Omni Network meets the required security standards and received a high score on Cyberscope's evaluation criteria. Github Omni Network is actively developing and improving its blockchain platform for connecting all Ethereum rolls. Developers are working on various aspects of the project to improve its functionality and security. Recently, the Omni Network team has been focusing on expanding their developer ecosystem, creating educational content, and keeping the community informed of their progress. They are also working on fixing bugs, creating new coin lists, and improving the user interface to provide a better experience for their users. The team researched the cannon arbitration process and analyzed the processing logic. They also analyzed the technical route of ora-io OPML and implemented MIPS tensor operation calculations with mlgo and preimage API with mlvm. In addition, the developers worked on updating and fixing bugs in the ONEX chain, preparing it for prime time. They also developed and published new products for the project. Overall, the Omni Network developers are working hard to improve the project and provide a more efficient and secure platform for their users. Blockchain From a blockchain perspective, most of the tokens of investment funds and teams are blockchain-backed, as evidenced by the fact that almost 90% of the entire issuance is on a single wallet of the project owners. This undoubtedly makes it very easy to manipulate the price of the asset. I would like to note that investors entered the project at the price of 0.18$ per one coin. We should expect rapid growth by the beginning of unlocking tokens for investors, which is planned for April 2025. The address of the owners of the project, with which you can track transactions to the addresses of investors: 0xaC0059540609d0b15A38AD3056b33eF6B32eA56d Conclusion To summarize, there is a good tokenomics of the project, which makes it clear how the asset will be manipulated, and a strong development team that is developing the project with a clear vision and a promising future for the project. This is reflected in Omni Network's roadmap, which aims to be closely compatible with Ethereum and improve scalability. Active support from investors is also a major driver for the project, which could eventually become one of the leading scaling Ethereum networks and not to forget the NGM:OMNI token, which will play a crucial role in the functionality and governance of the Omni Network, incentivizing user participation, securing the network and determining its future development. I will be looking at the formation of a bottom on the chart to enter it. Best regards EXCAVO
Long
by EXCAVO
2
Following the Plan, The Winner EURUSDIn the beginning of the year, before I start trading, I conduct my review and research and analysis (R/A) on what I am going to trade. For the EURUSD, this is what I put down on December 31, 2022, 12:33est EUR: the ECB is looking to raise rates to fight off double digit inflation. They might have to raise rates quicker than they are thinking to fight inflation. There is also the Russia/Ukraine issue that is going on, with the EU looking to cap Russian Oil. Price is pushing higher, which I think will be able to hit 1.10 at least. Eventually I think price will push lower as the economy stagnates and a possibly recession is induced. I am thinking of getting in this pair, but I am going to wait until price pushes to 1.10 and then decide from there. If the FED diverges with the ECB, the same might happen like in 2015, where price starts pushing higher as the FED starts to wind down rate hikes and possibly reduce rates, which the ECB pushes rates higher. I am thinking that possibly at the end of the year price might be around 1.15, but that is dependent on what happens with the EU economy. On March 04, 2023, 09:34est, this is what I had jotted down: EUR: the 1.10 lvl and the 1.05 lvls are prices that are catching my eye. If price is able to crack the 1.10 and hold above it, price is likely to continue higher. Price might be able to do this if the ECB remains hawkish and the FED starts becoming more reserved in their rate hikes. The ECB is going to raise rates by 0.50% this upcoming rate decision and three other times. If the ECB becomes increasingly hawkish, price will be able to gain a lot of momentum higher. If the 1.10 lvl is broken, price might be able to hit 1.12, but I am not too sure about 1.15. The reason being is the Euro Area economy is hanging on. Almost everything is declining, inflation is high, and the ECB has to know it is in a tough spot. On March 26, 2023, 11:16est: EUR: the ECB is hawkish and is will to raise rates further. But with the banking issues and their economy tethering on the brink of a great recession like style as the US, I am not sure if they are going to eventually pull bank. If the data in the US mints higher, then it will be interesting to see where price on there goes. Traders and investors always want to move too safe havens, so if the data does mint higher, it is likely that price will push lower. I am thinking that the EUR might be able to hit the 1.10 lvl, which will likely become a strong resistance. I stopped trading for a while due to training and other things that came up. But in July 28, 2023, 23:42, I conducted a rollup and on the EUR/USD I typed up: EUR: getting into a short position and holding might be the best bet. The Euro Zone compared to the US economy, is one sided, with the US economy winning considerably. GDP is at 0% (QoQ), unemployment at 6.5%, wages is growing though, inflation at 5.5%, balance sheet is shrinking which means banks and businesses and so on are losing capital and having to rein things in, interest rate is at 4.25%, industrial and manufacturing is negative and condensing, retail sales is showing that people are not spending, and housing is pushing lower. The Euro Zone economy has stagnated and seems to be going through what the US went through in the 70’s. So this might come to fruition and price might be able to hit the support at 1.06 and possibly parity. If there is a goal to dethrone the USD, it might take awhile if the other currencies aren’t able to prop themselves up. So.......... what I see is that the EURUSD is moving how I've been speculating and following through with what I've been thinking. With the FED thinking about pausing on rates but keeping interest rates at current lvls for a while and the ECB looking to pause on rates hikes while inflation is still high, this could be enough of a mixture to push the EURUSD lower. The 1.10 lvl is causing a lot of issues for price to push lower, but I think overall, price may have enough momentum to push to the 1.08. I have a short position on this pair to see if I am correct or not. If price does move against me and does push higher, I'll get into a hedge and see about reducing risk. Do you own due diligence. This is the way I trade and my own R/A for education purposes. Trading has a lot of risk, so protect yourselves and trade your own way. Have some great trading out there.
by DollarSaenz
How to Become Rich in 2024 ? Best Altcoins to HODL !!!What is Altseason and Why is it Important? Altseason is a period of time when altcoins (alternative cryptocurrencies to Bitcoin) outperform Bitcoin. This usually happens during bull markets, when investors are more willing to take on risk. Altseason can be a great time to make big profits, but it's important to do your research and only invest in coins that you believe in. 6 Altcoins to Watch for the Bull Run 1. DYDX DYDX is a decentralized derivatives exchange that is built on the Ethereum network. It offers a variety of features that make it a popular choice for traders, including margin trading, perpetual contracts, and spot trading. DYDX has been on a tear in recent months, and it shows no signs of slowing down. DYDX has been in a clear uptrend since the beginning of the year. It has broken out of several resistance levels and is now trading at all-time highs. The RSI indicator is also showing bullish momentum, with a reading of 70. This indicates that DYDX is overbought, but it could still continue to rise in the short term. 2. OP OP is a layer-2 scaling solution for Ethereum that is designed to increase throughput and reduce fees. It is still under development, but it has the potential to revolutionize the way that Ethereum is used. OP is one of the most anticipated altcoins of 2023, and it could be a huge winner in the bull run. OP is currently trading in a large megaphone pattern. This is a bullish pattern that indicates that OP is likely to continue to rise in the short term. The RSI indicator is also showing bullish momentum, with a reading of 65. This indicates that OP is overbought, but it could still continue to rise in the short term. 3. ARB ARB is an Ethereum-based project that is developing a decentralized rollup solution. Rollups are a type of scaling solution that can significantly increase the throughput of Ethereum. ARB is one of the most promising rollup projects, and it could see significant growth in the coming months. ARB has been in a long accumulation phase. It has been slowly building a base of support, and it is now ready to break out. The RSI indicator is also showing bullish momentum, with a reading of 55. This indicates that ARB is not overbought, and it has room to run. 4. SOL SOL is a high-performance blockchain that is designed to support fast and scalable transactions. It has been one of the best-performing altcoins of 2023, and it shows no signs of slowing down. SOL is a good choice for investors who are looking for a fast and scalable blockchain. SOL has recently broken out of an ascending triangle pattern. This is a bullish pattern that indicates that SOL is likely to continue to rise in the short term. The RSI indicator is also showing bullish momentum, with a reading of 60. This indicates that SOL is not overbought, and it has room to run. 5. DOT DOT is the native token of the Polkadot network. Polkadot is a sharded blockchain that allows developers to create and connect their own custom blockchains. DOT is a good choice for investors who are looking for a blockchain that is interoperable and scalable. DOT has been slowly recovering from its all-time high. It is now trading in a range, and it is likely to break out soon. The RSI indicator is also showing bullish momentum, with a reading of 50. This indicates that DOT is not overbought, and it has room to run. 6. AVAX AVAX is the native token of the Avalanche network. Avalanche is a platform that allows developers to create and launch their own blockchain projects. AVAX is a good choice for investors who are looking for a blockchain that is fast, scalable, and secure. AVAX has recently broken out of a descending triangle pattern. This is a bullish pattern that indicates that AVAX is likely to continue to rise in the short term. The RSI indicator is also showing bullish momentum, with a reading of 65. This indicates that AVAX is overbought, but it could still continue to rise in the short term. Conclusion These are just a few of the many altcoins that have the potential to explode in the coming bull run. It's important to do your own research and only invest in coins that you believe in. However, if you're looking for a place to start, these 6 altcoins are a good option. 💬 Engage in the discussion: Share your experiences with risk management, ask questions, and join a community committed to fostering intelligent and secure trading practices. 🌐✨
Long
by Yaroslav_Krasko
3
Guide to Identifying Potential Profit Altcoins in 2024 Navigating the Altcoin Landscape in 2024 In the ever-evolving world of cryptocurrencies, identifying altcoins with the potential to deliver substantial profits is an art that demands a keen understanding of market dynamics. This comprehensive guide aims to equip you with the tools and insights needed to spot the most robust altcoins poised for success in 2024. Through detailed examples and comparisons, we'll delve into the nuances of strength, resilience, and upward potential. INJ vs BTC - Riding the Trend Waves 1. Analyzing INJ's Resilience: Explore the trading patterns of Injective Protocol (INJ) against Bitcoin (BTC). Highlight instances where INJ, despite mirroring BTC's patterns, has displayed remarkable resilience by not breaching crucial support lines. 2. Drawing Conclusions: Discuss the implications of INJ's refusal to break support lines. Emphasize the importance of following the trend and INJ's potential for continued upward momentum. MAV vs BTC - Decoding Bullish Structures 1. Unveiling MAV's Bullish Structures: Examine the consistent creation of higher lows by Mav Protocol (MAV) against Bitcoin. Contrast MAV's bullish structures with Bitcoin's struggles during various market movements. 2. Strategic Considerations: Extract trading insights from MAV's persistent creation of higher lows. Discuss the potential for MAV to outperform Bitcoin based on its bullish structure. AVAX vs BTC - Capitalizing on Market Shakeouts 1. Assessing AVAX's Post-Shakeout Strength: Analyze the aftermath of the recent market shakeout on Avalanche (AVAX) against Bitcoin. Highlight AVAX's substantial rebound in contrast to Bitcoin's more modest recovery. 2. Implications for Trading: Discuss the significance of AVAX's robust bounce after the shakeout. Explore the potential for AVAX to outpace Bitcoin in subsequent market movements. Conclusion: Forging Profitable Paths in 2024 As we conclude this exploration of potential altcoin powerhouses for 2024, remember that each comparison offers unique insights into the strength and potential of these digital assets. The ability to discern resilience, bullish structures, and post-shakeout strength positions you strategically in the cryptocurrency market. Stay vigilant, adapt your strategy as the market evolves, and use these insights to navigate the dynamic landscape of altcoin trading. 💡 Unveiling Altcoin Strength | 📈 Riding Trends | 🚀 Decoding Bullish Structures | 💪 Capitalizing on Market Shakeouts 💬 Engage in the discussion: Share your observations on altcoins displaying strength, inquire about nuanced trading strategies, and connect with a community dedicated to deciphering the potential winners in 2024. 🌐✨
Education
by Yaroslav_Krasko
2
AUDCAD - Are we in 2006?Taking a look on how this pair trades led me to find similar patterns in the past that we may be going through in the charts today. Market moves labeled from W - Z showing approximately where we stand. Based off what we see this would be a signal to mainly look for long positions over shorts in the long run. As we creep into 2024 this gives us a quick bull run into 2025 anticipating future downdraw. This would put us in a sideways market like shown around the '06 - '09 years. With this data you can match your research to add confluence in your investment strategy, trade ideas, and much more. *Not Financial Advice - DYDD*
by Nathanl19
1
VeChain OverviewIntroduction to VechainThor Initially launched as a private consortium chain in 2015 to enable enterprise blockchain ecosystems, the team quickly realized the value-add of trustless, immutable, and decentralized information. With this realization, Vechain began the process of going public, launching a foundation, and conducting an Initial Coin Offering (ICO) in 2017. VechainThor is the public blockchain launched in 2017 and built by the Vechain Foundation. It was conceived with a focus on enterprise use cases and designed to foster the proliferation of business-oriented decentralized applications (dApps). The network was specifically designed to overcome technical hurdles posed by other public blockchains such as scalability, unpredictable gas fees, and an unwillingness by businesses to handle crypto assets directly. Initially conceived to solve problems in supply chain management - a vision born from CEO Sunny Lu’s experiences as Chief Information Officer at Louis Vuitton China - Vechain launched its mainnet in 2018, embracing Ethereum’s technology framework but with additions aimed at tackling issues like high transaction costs and scalability. Vechain’s blockchain delivers instant visibility, traceability, and transparency within business operations, enabling blockchain adoption with adherence to local regulatory regimes. In turn, Vechain has allowed companies to save on costs and time while increasing operational efficiency. In March 2023, Vechain announced its partnership with Boston Consulting Group, considered a Top Two Global Management Consultant with specialisms in the fields of ESG and sustainability. Between them, the pair outlined their approach to helping enterprises and individuals act more sustainably through ecosystems that reward and incentivize specific user engagement. An early prototype of this approach to sustainability can be found here, developed alongside BYD and DNV, rewarding drivers of electric vehicles with credits that could be spent with participating retailers... For our full 20-page+ report, click here
Education
by ReflexivityResearch
6
Improve Your Research With MindsOur new social feature, Minds, is now available on our free mobile app for iOS and Android. Minds is an exclusive chat for your favorite symbols. Want to read what other investors are saying about AAPL? Head to the AAPL Mind. Curious to discuss Bitcoin’s price action? Check out the BTCUSD Mind. There’s now a place to chat about every symbol no matter how obscure or popular. Gather around a specific symbol with other traders and start sharing your mind. To celebrate the launch of Minds on mobile, we’d like to show you how it works and specifically showcase how it can improve your research. If you don’t have our mobile app, get it now . How to use Minds from your mobile phone: Open the TradingView app and select a symbol from your watchlist. Then, find and select the tab that says “Minds” - depending on your screen size, you may have to scroll down. Now you can read what everyone is saying about that specific symbol! To post your own ideas, thoughts and analysis, click the cloud with a plus at the bottom right-hand corner of the screen. Type your message and then press the button that says “post” to share your message with everyone. This new social feature will make it incredibly easy to meet, chat, and discuss your favorite symbols with others. You now have access to a highly specific chat only for those who care the most about specific symbols. Remember: this is a community feature, so the more active you are, the better it’ll be for you and everyone else involved. Note: If you’re having trouble accessing Minds, double check that the Show symbol screen feature is on, which can be activated from the settings menu. Wait… don’t go anywhere yet! We have some tips to share because Minds creates a whole new way to research your favorite symbols. Keep reading… How can you improve your research with Minds? 1. Real-time sentiment analysis With Minds, you will be able to read what other people think about your favorite symbols. It is very common to see new perspectives with this approach and avoid one of the biggest mistakes in trading, which is believing you’re always right. You know what they say… one big mistake is enough to blow your account, so reading what other people are saying can open your mind in that sense. 2. Concise Insights Condensing intricate concepts or analysis into easily digestible bite-sized updates makes information accessible to a wider audience. Even those without a deep understanding of the charts can gain insights and stay informed, thereby fostering a more inclusive and informed community. In today's world, there's a lot of information everywhere, and it can be overwhelming. The Minds’ updates make things clear and simple. They show you just what you need to know, making it easier to stay in the loop without getting lost in the noise. 3. See how other traders use technical and fundamental analysis One of the most interesting features on Minds is the ability to share charts. This is useful as you can see Support or Resistance Levels, Triangles, Head and Shoulders and all sorts of chart patterns from different time intervals by traders all around the world. Every trader sees things differently so it is a great way to see how others analyze charts. 4. Timeliness and breaking news In the financial world, where split-second decisions can translate into significant gains or losses, timing stands as an important cornerstone. The Minds feature helps in facilitating the instantaneous dissemination of news, charts and analysis since you don’t have to write lengthy descriptions. Minds enables real-time sharing of analysis, ensuring that traders and investors are aware of developments that could impact their decisions almost as soon as they happen. 5. Personalization Imagine scrolling through a news feed – these updates are like short and interesting news pieces. You can easily look through them to find the ones that match what you're interested in or what you need to know. So, it's like getting the information you want without having to search too hard. This keeps you connected and up-to-date with what matters to you. Meet others, share, and interact to get started. Think about it as a way to get the most important updates about symbols on your watchlist without all the extra stuff that might confuse you. We look forward to seeing how you interact with Minds! Please write us in the comments below with any feedback, comments or suggestions. Team TradingView
NYSE:SEducation
by TradingView
22
Understanding Interbank Market for Forex Trading Introduction: The interbank market is a fundamental component of the financial industry, serving as the backbone of global currency trading. It is a financial network where banks engage in the exchange of currencies and lend money to each other. By participating in the interbank market, banks can manage their short-term funding needs and maintain liquidity, which is crucial for their daily operations. Transactions within the interbank market involve substantial amounts of money and short maturities, making it a vital source of pricing benchmarks for interest rates across various financial products. Central banks play a pivotal role in ensuring stability within the interbank market by implementing monetary policies and interventions when necessary. Overall, the interbank market plays a critical role in supporting the functioning of the banking system and facilitating the availability of short-term funds. Impact of the Interbank Market on the Forex Market: The interbank market exerts significant influence on the forex market, shaping currency exchange rates and driving market dynamics. The Interbank makes use of a mechanism to engineer the delivery of price in the currencies market. This mechanism is Algorithmically programmed to seek liquidity either on the sell side or buy side of the market, this mechanism was code named Interbank Price Delivery Algorithm (IPDA) by Michael J. Huddleston, founder of The Inner Circle Trader (ICT). Disclaimer: The Interbank Price Delivery Algorithm (IPDA) is just used here for instructional purposes; it is not the name that is officially recognised. . . The Interbank Price Delivery Algorithm (IPDA) is a key mechanism employed within the interbank market to determine price movements. The IPDA utilises advanced algorithms to process vast amounts of real-time data on financial instruments, including currencies, commodities, bonds, stocks, and interest rates. By analysing this data, the IPDA algorithm considers crucial parameters such as time, price, volume, and open interest. It seeks to identify patterns, trends, and liquidity pools in order to project price discovery and optimise trade execution. The IPDA mechanism is designed to provide liquidity on both the buy and sell sides of the market. It strategically targets liquidity above the previous market high where buy-side liquidity pools were established, and below the previous low where sell-side liquidity pools were established. This approach ensures that institutional order flow is engineered efficiently, enhancing market liquidity and enabling smoother trading operations at the interbank levels. Moreover, the IPDA mechanism acts as a decentralised price discovery and delivery system, operating independently of any central authority. This decentralisation fosters market efficiency and transparency, as prices are determined based on real-time market conditions and the collective actions of participating banks and big institutions. Utilising the IPDA Mechanism in Forex Trading: To effectively utilise the IPDA mechanism in forex trading, traders must develop a comprehensive understanding of market dynamics and key concepts such as the premium & discount market matrix. The premium and discount market matrix provides valuable insights into the buy and sell side order flow programs within the financial market. By analysing the premium or discount levels in the market matrix, traders can gain a deeper understanding of market sentiment and potential price movements. When the market is at a premium, participants who hold net long positions are willing to sell to those who want to go net short. Conversely, when the market is at a discount, participants with net short positions are willing to buy from those who want to go net long. This understanding allows traders to identify the intentions of market institutional participants and anticipate potential shifts in market price. Combining the insights from the premium and discount market matrix with the IPDA mechanism further enhances trading strategies. Traders can align their trading decisions with the prevailing sentiment and direction indicated by the IPDA mechanism. For example, if the IPDA mechanism signals a strong buy-side liquidity pool and the market is at a discount, traders may consider initiating long positions to take advantage of the potential price movement indicated by the IPDA mechanism. Timing also plays a crucial role when utilising the IPDA mechanism in forex trading. Understanding the time of day when interbank bookings commence provides valuable insights into market liquidity and volatility. Different currency pairs and markets exhibit varying levels of activity during specific time periods. For instance, the London and New York trading sessions often experience higher trading volumes and increased market volatility compared to other sessions. By being aware of these patterns, traders can optimise their entry and exit points to take advantage of the liquidity and price movements driven by the IPDA mechanism. Moreover, timing can also be influenced by economic events and news releases that impact currency markets. Traders should pay attention to economic calendars to be aware of significant announcements and events that can cause market fluctuations. By aligning their trading activities with key economic events and combining this information with the insights provided by the IPDA mechanism, traders can enhance their decision-making process and potentially improve their trading outcomes. In summary, a comprehensive understanding of the premium and discount market matrix, along with optimal timing, enhances the effectiveness of utilising the IPDA mechanism in forex trading. By analysing market sentiment, price action, order flow, timing and interbank interest, traders can align their trading decisions with the indications provided by the IPDA mechanism, thereby developing more effective trading strategies. Conclusion: The interbank market, with its Interbank Price Delivery Algorithm (IPDA) mechanism, plays a vital role in shaping the forex market. By analysing real-time data and employing sophisticated algorithms, the IPDA mechanism seeks to optimise liquidity and price delivery in the interbank market. By continuously monitoring market conditions, staying updated on economic indicators, and refining their trading strategies, traders can enhance their ability to navigate the dynamic forex market successfully. Credits: ChatGPT by OpenAI.
by Okere_NP
🟨 Ned Davis: QQQ/QQEW Bearish StanceHello Traders, Today, we're taking a look at the 63-Day QQQ-QQEW ROC% Spread Indicator. This unique tool provides us with a perspective on the momentum difference between the Invesco QQQ ETF (QQQ) and the First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) over a 63-day trading period. Credit for this study goes to Ned Davis Research (NDR), who provide quality institutional research. With my recreation, we now can use it for TradingView. USE THE INDICATOR FOR FREE IN YOUR ANALYSIS HERE - Currently, the indicator reading stands at 970, which is above the threshold of 600. According to our backtested data from 2007 to present, this suggests a bearish stance for the next 63 days. Here's a quick breakdown of the backtested results: 👉When the indicator is under -600, the forward returns are 2.0% over 10 days, 3.1% over 21 days, and 9.4% over 63 days. 👉When the indicator is between -600 and 600, the forward returns are 0.6% over 10 days, 1.2% over 21 days, and 3.6% over 63 days. 👉When the indicator is above 600, the forward returns are -0.1% over 10 days, 0.8% over 21 days, and 0.2% over 63 days. 💡As you can see from the chart, the indicator sits at the bottom, and the Relative Strength of QQQ vs QQEW is at the top. The thresholds of 600 and -600 serve as clear turning points, providing valuable insights into potential market shifts. Given the current reading, our analysis suggests a cautious approach for the next 63 days. As always, it's important to use this tool as part of a comprehensive trading strategy and consider other market factors before making any investment decisions. Stay tuned for more updates and happy trading! (Note: This analysis is for educational purposes only and should not be considered as financial advice. Always do your own research before making any investment decisions.)
NASDAQ:QQQShort
by TintinTrading
1
Strong result and reasonable valuation Westpac shares bucked the trend amongst its banking peers rising after revealing its half-year result for the first half of the 2023 financial year. Cash earnings came in at $4,001m which rose +22% from last year benefiting from higher interest rates and making progress to become a simpler, stronger bank with disciplined cost and margin management providing $1 billion of in cost savings. Interim dividend came in at 70 cents per share, up +15% from last year, and a 61% payout ratio to further strengthen their balance sheet. We welcome Westpac’s result which was in-line with market expectations and with a conservative view anticipate loan business and margins to tighten slightly given the slowdown in the housing market due to rising interest rates. Westpac as still trades at a reasonable multiple compared to other big four banks’ forecasted to pay out a 6.5% dividend (taking a prudent approach of assuming no dividend growth from here). Read more at: research.blackbull.com
ASX:WBC
by BlackBull_Markets
Disney - strong results in spite of audience dipDisney reported mixed results for the quarter. The good: streaming losses fell to $659M from the previous quarter’s $1.1B, whereas streaming revenues rose +12% to $5.5B. Crucially ARPU (average revenue per user) rose 20%in the US and ~6% internationally — it’s a case of squeezing actual profit out of users rather than scaling the business at all costs — this is the new “raison d’etre” of streamers globally, as heralded by WBD CEO Zaslav a few quarters ago — like in Jerry Maguire, “show me the money”. And now for the bad: total users fell to 157M from 161M — this was mostly due to Disney+Hotstar, an Indian subscription service — it was mostly an outlier; users lost ex Hotstar sat in the hundreds of thousands. The ugly: linear (“trad”) TV revenues fell 7%, largely due to the increased cost of sports rights and declining advertising revenues. We’ve seen this across the board – WBD and Paramount saw the same. See upside here as +$130 and downside as +$80 for the year. Read more at: research.blackbull.com
NYSE:DIS
by BlackBull_Markets
THE MOST USEFUL TRADING SITES ...and how to utilize themIn this post, I will share the some of the most useful trading sites that are available to you and how you are able to utilize them to your advantage whether it's for fundamentals, charting, analysis, performance tracking, news events or just to follow your favorite professionals and their ideas & education that they share publicly. First and foremost, if you haven't made this your PRIMARY trading platform, I want to encourage you to use and SUBSCRIBE to TRADINGVIEW As we all evolve as traders, I'm sure we can all relate to one thing in common which is hard work and dedication. Trading is one of the hardest professions out there and without hard work, practice and dedication, we know that 90% of traders fail to make it in this industry. TRADINGVIEW gives you all the resources you need to be able to become one of the 10% as it enables you to become a content creator, it gives you a community to research ideas, you're able to watch livestreams, catch news flows, back test & analyze your own strategies and most importantly of all, you have direct support team to help guide you by sharing their own personal trading experiences, publicly as well as privately. Whether your choice of market is Forex, Stocks, Crypto, Bonds, Futures, Commodities or Yields, TRADINGVIEW has all the tools to be able get you well on your journey to become a professional trader. See Figure 1: Subscriptions WWW.MYFXBOOK.COM MYFXBOOK has a variety of different tools to use ranging anywhere from position size calculators, COT data (Commitment of traders), Broker spreads/quotes/volumes, news flows, correlations and most importantly, account linked performance analysis. You may be a full time trader or a part time trader with a 9-5 job, either way analyzing your entries, exits, RR ratio, drawdowns etc. are necessary to find what works and what doesn't. Trading is about probabilities and if you're not making money in 25 trades, you need to reanalyze and change your approach. Myfxbook.com allows you to link your trading platform to breakdown your performance, ultimately being your own coach to find the approach that suits you the best. See Figure 2: Performance Stats WWW.TRADINGECONOMICS.COM As many different crises happen throughout the world (especially the most recent ones within the last few years), understanding how the Federal Reserve operates to manage monetary policy is key to get an edge in your positions in the forex market. TRADINGECONOMICS gives you all the accurate information needed to be able to forecast and research throughout 196 countries like, economic indicators, exchange rates, stock market indexes, government bond yields and commodity prices. Micro and Macro economics are a big part of how this world operates and having access to all the most important information that drives the Feds decisions due to the economy being split between these two realms are valuable as they could be bridged together for more accurate forecasting. See Figure 3: Inflation Rates/GDP Growth (By Country) WWW.FOREXLIVE.COM FOREXLIVE has many different helpful resources to keep you up to date in the market no matter what time zone or trading session you take part in. As our lives are busy with family, day jobs, business endeavors or simply being in different time zones, you may not be able to watch all sessions play out and in fact, taking a break from the screen is healthy for your mind and emotions. The great thing about FOREXLIVE is that you are able to read Session Wraps to keep you up to date with a summary after each session (Asian, European, U.S) completes. Psychology is a big part of why a trader either succeeds or fails which balancing your time on and off the markets are important to detach your emotions from your positions. Set a plan for how many times you will scan the charts a day and fill that in between time with activities like exercising, reading, chores, spending time with your family, going for a walk and much more. See Figure 4: Session Wraps WWW.INVESTOPEDIA.COM INVESTOPEDIA was founded in 1999 headquartered in the heart of New York city U.S. This website provides comparisons of financial products, reviews, ratings, comparisons of different financial products and most importantly, it is a financial dictionary. With the broad range of information provided, it gives readers the confidence to manage every aspect of their financial life. Whether you're learning about money and investing for the first time or are looking to improve your knowledge and skills, anyone from an experienced investor, a business owner, a professional, an advisor, INVESTOPEDIA has all the information to build your skills. See Figure 5: 4 Basic Things to Know About Bonds/Key Takeaways WWW.INVESTING.COM INVESTING.COM is a well known site that offers real-time market quotes, information about stocks, futures, options, analysis, commodities and most importantly an economic calendar. Keeping an eye out for the high impact news events will help you adapt and control the volatility during those peak hours. Another helpful aspect of this site is knowing what will drive the market mood for each upcoming week. The top 5 most important fundamental areas to watch for are explained and broken down to help your forecast and analysis so you can prepare your trade setups accordingly. Applying fundamental analysis along with technical analysis will help you become a better trader as when the high impact news events hit, markets get volatile which could cause a running profit turn into an absolute loss. Knowing when to be in or out of the market is valuable so you don't go into a draw down phase. See Figure 6: Economic Calendar As I only have mentioned a small number of sites that you are able to access, we all know there are so many other ones available out there, paid and free. Researching and spending the time to read to broaden your knowledge in the financial world will only help you grow as a trader and essentially improve your trading results. Check out some more free sites: www.fxstreet.com www.dailyfx.com www.forexfactory.com www.babypips.com Please share the site that most helps you in by leaving it in the comment section. I would love to see the variety of ones available. ** If you felt this was helpful in anyway, please support by hitting the LIKE button and FOLLOW me for more educational and analysis ideas ** I appreciate all the feedback! Thanks Trade Safe
Education
by ktlfx
1
MLFB. Can we get a Season this year or Is it all over?I've been in MLFB for a while, since around 2018/2019. MLFB attempted to establish a season in 2020/2021, but due to COVID, they were unable too. Here comes 2022, and things were looking good. They were bringing on players, coaches, bought equipment, named teams, hand a place for a camp, and had some coverage. Things again were looking good. Around June/July, the actual camp was commencing, and out of now where, MLFB could not pay their hotel bills and left players stranded. The season went out the window and the price of the stock tanked. Now in 2023, MLFB is attempting to start up a season. They were able to get about 5 million to pay bills from last year they owed and hopefully have enough to start a season. If this is the case, and they are able to start up again, will price be able to go higher? As time goes on, I'll see if price starts pushing to $0.01 and starts hitting its high of last year around $0.03. If there is some more press releases and actual broadcasting commencing, this will assist the stock pushing higher. There are some good things about MLFB, but they are not doing great in the PR department. But if MLFB can keep fighting to start a season and one actually commencing, there might be light at the end of the tunnel. I am in this stock, and this is only my thoughts. Make your own decisions and conduct your own research and analysis before deciding to get into any stocks. I'll revisit this later on and see what happens.
MLong
by DollarSaenz
How to achieve profits by managing emotions?Market fluctuations are often a direct reflection of the emotions of market participants. Managing and controlling emotions is essential for successful trading. If you cannot control your emotions, you will suffer from impulsive emotional behavior and make bad decisions, which will harm your trading performance. Negative emotions such as fear, hatred, anger, greed, jealousy, pessimism, and despair can lead to negative consequences for traders. Traders who have negative emotions may lack the ability to leave positions, refuse to accept reality, and blame others, resulting in selling positions only after a long period of price declines, missing the best buying points, and selling too early. Negative traders may also regard failure as a negative, significant, and final result, attributing losses to their own shortcomings or negligence. Everyone experiences various emotions, but people with high emotional intelligence can better manage their negative emotions and vent them appropriately. Emotional control skills can be developed through practice, but it is important to note that this process is a long-term and systematic one. Traders must be psychologically prepared for this. Therefore, no matter what happens, you must control your impulsive emotions. Take a deep breath for 10 seconds, then choose the best course of action. This often leads to more rational and correct decisions. Do not make decisions when impulsive, and do not make promises when excited. By managing your emotions, you gain control over your life. There are various emotions in life, and you must learn to manage and control them. Do not be a slave to your emotions. Manage your negative emotions and cleverly transfer them . Similarly, controlling emotions in life determines emotional control in trading. The three stages of emotional failure leading to trading losses are: 1) being careless before unexpected events occur; 2) being panicked after unexpected events occur; 3) being eager to make up losses after suffering losses. The solutions are as follows: Always respect the market and trade with caution. Approach the market with a trembling, cautious attitude. Once you suffer losses, do not panic. Stop trading temporarily, find the cause, identify the problems, and improve your system. Impatience is the biggest reason for traders' losses. Heavy positions are impatience, opening and closing positions without signals is impatience, frequent trading is impatience, adding positions is impatience, which is essentially greed, wanting to make money quickly. Be patient, make calm decisions, and the market will reward you.
INDEX:BTCUSDEducation
by triumphing
An easy way to lower the risk profile of your stock portfolioThe correlation between Visa and Mastercard creates an interesting investment trick. I began this analysis not even looking for the correlation between these two companies' stock prices. But rather I was looking for some chart patterns using a stock screener. At the top of the list, these two companies emerged. As usual, I was going to go through the stock charts of all the companies in the list briefly to determine if they hold any chart pattern merit. However, as I scanned over Visa, and then Mastercard, I noticed they looked extremely similar. Weird. I then opened up Tradingview and put these stocks in. Side by side they look the same. These two companies have very similar price movements. No surprise, they are very similar companies. They are direct competitors. They are both big players in the global credit services market. Transacting trillions of dollars in total payments volumes per year. They’re both tech companies that connect the consumer and the merchant digitally for transactions. They have been seen as rivals for over a decade now. Neither Visa nor Mastercard are involved in extending credit or issuing cards. They work in a co-branded relationship with the card provider. That's why you will see their logos on your credit card but won’t see a full absolute Mastercard/Visa credit card. Visa is generally larger in terms of the transaction, purchase volume and cards in circulation. However, Mastercard growth has been picking up and may see a catch-up. Now let’s get back to the price movement analysis. I have split this up into three time periods and then done a Pearson Correlation Test. The first period is the matched IPO date to the current date. The next is the last 5 years and then the last 2 years. The reason for the three time periods is simple. I want to do a full IPO to current date analysis to get the full picture and long-term perspective. A 5-year analysis because if you look at the charts above, that’s when the volatility in the stocks picks up. The last 2 years, because if you look again at the charts above, some crazy price movements have been occurring in the last two years that do not follow the past 14-year trend. The closer to +1, the closer the correlation. March 2008 - Nov 2022: 0.83 Nov 2017 - Nov 2022: 0.92 Nov 2020 - Nov 2022: 0.90 As you can see from the above stats both of these stocks have a close relationship with each other. A higher correlation in recent years. Of course, correlation doesn’t mean causation. However, the fact that these two companies are very similar and direct competitors means that one could form a reasonable conclusion. Not that one stock is affecting the other price. But rather than investors see these two companies as very similar. Such that when they exit one, they exit the other. Unless there is a big reason not to. But as you can see from the stats above. The stocks have a close correlation over the last 14 years such that even if one says that, let, for example, Visa is going to grow faster than Mastercard, the chances are - Mastercard wouldn’t be far behind. Henceforth, this leads to an interesting investment tip: Let’s say you want to diversify your portfolio by gaining some exposure to the credit services industry. Since Visa and Mastercard are the two leading companies, you chose them. However, you only have enough money to invest in one. But you also want to lower the risk profile of your portfolio. Is there a way both can be done? The answer is yes, since Visa and Mastercard have such a close correlation and are very big established companies they will most likely follow each other in price movement. Also, since they are two different companies, you will be diversifying your investment and will be lowering your risk. So, you divide that last portion of your portfolio into two smaller portions and buy Visa and Mastercard 50:50. This will mean you get the exposure you are after, the returns as well since they have a close correlation, and the risk is lowered since they are two separate companies. Quite a cool trick is not it? I created three different portfolios. Each beginning with $10,000. I invested the full out in two of them into Visa and Mastercard. The last portfolio had a 50:50 split. I then calculated the standard daily deviation and the annualized standard deviation. Here are the results: Visa 100%: Start value: $10,000 End value: $137,295.57 Annualized STD: 29.60% Mastercard 100%: Start value: $10,000 End value: $151,466.00 Annualized STD: 32.30% Visa 50% Mastercard 50%: Start value: $10,000 End value: $144,380.79 Annualized STD: 29.50% As you can see from the above stats, once the two stocks have been combined the standard deviation drops by 8.67% and the standard deviation is lower than the two stocks individually. This means the risk is lower. However, yes, the final value isn’t as high as the Mastercard 100% the returns are higher than the sole Visa 100% portfolio by 5.10%. So, in other words, the risk has been lowered than if you had individual portfolios and the returns are higher as well. Of course, the returns aren’t as high as they are in the Mastercard 100% portfolio, but the risk is lower while still ensuring higher returns. This means the Visa 50% Mastercard 50% portfolio provides an effective way to reduce risk while increasing returns. However, one thing to note is the maximum drawdown was the lowest in the Mastercard 100% portfolio. The second lowest is Visa 50% Mastercard 50%. Highest in Visa 50%. So, ensure that if you are going to follow this strategy, there is more research to be done and it is best worked in a long-term investment strategy possibly combined with dollar cost averaging. To conclude, if you want to see a higher return while lowering the risk profile of your portfolio. It pays to diversify with similar correlating assets.
NYSE:V
by BlackbearTrader
Should You buy an #Aptos?Estimated price per token of the funds: 2$-3$ (Yellow block) Prime cost of $APT: 0,70$ (Cyan dashed line) Right now there are only 130M $APT in circulation and the pressure on the price can only be exerted by the people who got the airdrop. These tokens are likely to be bought back so the price doesn't drop too much. This way it will be possible to pump $APT where staking rewards will be sold. At the moment 823M of $APT are staked. I already have $APT in hand for the airdrop. 2/3 have been sold and 1/3 of $APT remain for perspective. If $APT drops then I have defined for myself an area for future purchases. Area for my future purchases: 4$-6$ (Green block)
Long
by Oxst1tch
4
Quick coin analysis before buyingBINANCE:BTCUSDT How to evaluate the tokenomics of the project? Below you will find the main questions that you need to ask yourself when analyzing the tokenomics of the project - this scheme will not predict the price of the token with an accuracy of a cent, but it will help to predict the dynamics and assess the prospects. 1. Supply Main question: based on supply alone, will the token be able to maintain/increase the price, or will it be eroded by inflation? General supply — How many tokens exist today? How many will there be in the future? Is there a supply limit? Emission rates Is the emission rate fixed or changing? — If it changes, what factors determine it? Allocations/vesting — How was supply originally distributed among investors, community, team? Are there any groups that own a significant share of the supply and could exert significant selling pressure after vesting ends? — What is the vesting schedule for the largest holders? 2. Demand Main question: why would anyone hold this token? ROI - Without taking into account the price increase, what income does a simple hold of a token bring (for example, due to staking)? — Is it possible to get additional profit through farming? — Are protocol revenues distributed among token holders? — Is there a rebase* as inflation progresses? * A rebase is similar to a stock split, when holding or staking a token allows the owner to increase its amount, thereby compensating for the impact of inflation (for example, a mechanism when the share of ownership of a supply remains unchanged). Community How active are Discord and Twitter of the project? — Is there an ecosystem fund? Grants? Hackathons? — How actively is the protocol working on community involvement? — Are there one-time or ongoing initiatives to create additional demand for the token? — Is there a token blocking program? If yes, how many awards are allocated to it and what are the requirements for receiving these awards? — What share of the total number of tokens in circulation is locked? — What additional selling pressure will arise after the expiration of locks? Are there non-monetary benefits from staking and locking tokens (e.g. increased voting power)? It is worth noting that even taking into account all these factors does not in itself guarantee the growth of the token or the success of the project, but is only one of the necessary aspects, in addition to the market phase, hype around a particular direction, and others. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Look at my ideas about interesting altcoins in the related section down below ↓ ✅For more ideas please hit "Like" and "Follow"!
Education
by Crypto4light
Galapagos (GLPG.as) bearish scenario:The technical figure Triangle can be found in the Belgium company Galapagos NV (GLPG.as) at daily chart. Galapagos NV (formerly known as Galapagos Genomics) is a Belgian pharmaceutical research company which was founded in 1999. The company develops drugs against rheumatoid arthritis, Crohn's disease, ulcerative colitis, psoriasis, systemic lupus erythematosus and cystic fibrosis. The Triangle has broken through the support line on 26/07/2022, if the price holds below this level you can have a possible bearish price movement with a forecast for the next 7 days towards 45.00 EUR. Your stop loss order according to experts should be placed at 56.70 EUR if you decide to enter this position. Galapagos agreed to acquire CellPoint and AboundBio in an all-cash transaction propelling into next-generation cell therapy while significantly broadening its portfolio and capabilities. Galapagos will pay an upfront amount of €125 million for CellPoint, an additional €100 million to be paid upon achieving certain milestones, and $14 million for AboundBio. Galapagos said that, through the acquisition of CellPoint and AboundBio, it gains access to an automated point-of-care cell therapy supply model and a next-generation fully human antibody-based therapeutics platform. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
EURONEXT:GLPGShort
by legacyFXofficial
COFORGE - Short term Bearish trendCOFORGE - Short-term Bearish trend 1. It cuts the secondary trend support and the primary trend resistance as well. 2. next support will be in 1890. 3. Buy once it touches 1890, hopes the market trend reversal at the same time. Note: 1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only. 2. Always check with your financial advisor and take the trade as per your risk/reward ratio. 3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
NSE:COFORGEShort
by ravi15684