Polys(PLZL)Disclaimer/
On average, 90% of all stocks move down with the market, and 75% move up.
The wave principle applies to some extent to individual stocks, but counting the waves for them is often confusing and does not have much practical significance. But since the company has a large capitalization, we assume that the state of the shares depends on the psychology of the masses.
Information
Polyus (formerly Polyus Gold) is a Russian gold mining company. One of the largest in the world and the largest in Russia in terms of gold production.
It was founded in 2006 during the separation of the gold mining assets of OJSC MMC Norilsk Nickel (CJSC Polyus and its subsidiaries) into an independent public company on the basis of the assets owned by CJSC Polyus, a 100% subsidiary of Norilsk Nickel.
In December 2006, American Depositary receipts (ADRs) for Polyus Gold shares were listed on the London Stock Exchange.
In 2009, Russian businessman Suleiman Kerimov bought a 37 % stake in Polyus Gold from Vladimir Potanin for $1.3 billion.
In 2011, as a result of the reversal agreement, the new holding company became Kazakhgold Group Limited, which in the same year was renamed Polyus Gold International Limited (PGIL). In June 2012, PGIL shares received a premium listing on the London Stock Exchange.
In June 2017, PJSC Polyus conducted a secondary placement of its shares, in which 9% of the shares were placed for $800 million. In April 2019, 3.84% of the shares were sold as part of a new secondary placement procedure PJSC "Polyus" for about $390 million. As a result, the share of the company's securities in free circulation was about 20.51%.The Group's proven and probable reserves (P&P) amount to 64 million ounces — the third largest in the world
Russia
BTC/USDT The Volume is not enough! #SHORTI am so sorry for just basing my TA with how and what I feel...
now I ve been checking the market and its movement together with the FUDs and good news...
FUD = BTC Russia Tracked??? (FBI)
Good news = Defi eyed by Amazon; hath 500$ Million to BTC by Warren Buffett's Berkshire Hathaway.
Considered TA: RSI ATR VOL and the Movement at 1D 4hr and 1HR considering the fri sat sun being the weakest days.
We still have Huge fear and denial in the market.
But the people who wants to Hodl and learn are many they are just silent.
sold 50% to buy that 27 26 25
Trading Idea - #GAZPROMIn the short term a SELL, in the long term a BUY!
SELL/SHORT
ENTRY: 5.08 EUR
TARGET: 4.35 EUR (+14%)
STOP: 5.55 EUR
1.) Medium-term resistance level at 5.20 EUR seems to be too strong for the actual company situation!
2.) This stock could be of great interest to investors looking for returns.
3.) Now it's getting political!!!! The German government's coordinator for transatlantic cooperation, Peter Beyer (CDU), has described the construction of the Nord Stream 2 gas pipeline as an obstacle to restarting relations with the USA. He has shown willingness to freeze construction in order to be able to resolve difficulties with the USA.
4.) Nord Stream 2 is now around 95 percent complete, according to the information. The pipeline is expected to transport 55 billion cubic meters of natural gas from Russia to Germany per year.
5.) The upward sales expectations show a return of the positive expectations of the analysts at this company.
6.) The analysts' average target price is relatively far removed from the current price, which suggests a potentially significant long-term increase in value.
Trading Idea - #TCS Group HoldingSHORT
ENTRY: 47.70 EUR
TARGET1: 42.50 EUR (+10%)
TARGET2: 36.60 EUR (+23%)
STOP: 53.43 EUR
1.) TCS is losing momentum. Couldn't break the 53.00 EUR resistance line!
2.) after a strong upward trend with 2 significant impulses, I expect a 2-step correction. See above TARGET 1 and TARGET 2!
3.) The main business of TCS Group Holding is private customer banking within the Russian Federation, which is handled by Tinkoff Bank. TCS is a provider of online financial services for private customers via its own platform. TCS Bank specializes in credit cards and online consumer credit in Russia.
4.) TCS announces a massive buyback of shares by August 2021. The necessary expenditures could force the share into the correction in the medium term.
POG(Petropavlovsk)
Disclaimer/
On average, 90% of all stocks move down with the market, and 75% move up.
The wave principle applies to some extent to individual stocks, but counting the waves for them is often confusing and does not have much practical significance. But since the company has a large capitalization, we assume that the state of the shares depends on the psychology of the masses./ (There are more doubts than usual right now) / It is also interesting that companies with a smaller capitalization have a greater chance to"shoot" . In this case, the shot can be as large as 2000%.(unlikely)(Do not forget that the Moscow stock exchange has a limit on the growth of 40%, but the London stock exchange, it seems, does not)
As you can see, the graph shows 3 options:
1) The 3rd wave has started(The most improbable)
2) Continuation of the correction, taking into account the fact that there will now be a correction to this correction. (The most preferred option, since it converges with my plans for gold, etc.)
3) Continuation of the correction
Information
The company's shares are included in the FTSE 250 index calculation and Gold Mining on the FTSE
The company's shares as of August 2020 were distributed as follows:
Yuzhuralzoloto Group-24.34%
Prosperity Capital Management Limited – 11,59%
Everest Alliance Limited (CABS Platform Limited) – 6.44%
Russian Welfare Fund – 6.10%
Slevin LLC — 3.85%
Societe Generale SA – 0,47%
Bonum Capital – 2,98%
The second option, more preferable.This option is more preferable because the fall converges with my expectations about the EUR/RUB, all the waves are poorly formed driving waves, the last moving wave in particular. Accordingly, we need to think about the composition of this index.
Consists of:
1) GAZP - 15.00%(Most likely there will be a correction)
2) SBER -13.84%(Most likely there will be a correction)
3) LKOH - 13.43%(Most likely there will be a correction)
4) GMKN - 6.26%(Most likely there will be a correction)
5) YNDX - 5.31%(Most likely there will be a correction)
6) NVTK - 5.31%(Most likely there will be a correction)
7) TATN - 4.50%(There may be a lateral correction)
8) ROSN - 4.41%(Most likely there will be a correction)
Sberbank to break, but only with good earnings reportHi there, I've been following Sberbank and here are my thoughts: there is a strong resistance level at 290-296, which is facing an uprising trend line (dotted line). In simple terms, I expect a continuation of a trend with a break out through that resistance level. Sberbank is being fundamentally strong company, hence I expect positive breakout. The only major concern is an earnings report on the 26th, hence I do not expect a break out before that. MA50 tends to be a local support level for a trend.
Of course, the earnings might not match expectations and then I would expect a pull back to test new levels later, but let's see.
Not an advise to invest, but feel free to share your reflection!
ETF to watch for March (BUY) Russia RSXThis is a Russia ETF.
More info here
www.vaneck.com
The chart pattern is showing a "cup n handle",
go long if we can breakout of this resistance $26.42
More on cup n handle pattern.
www.investopedia.com
Brent Crude - Looking Overextended Ahead of OPEC+ MeetingOil prices have enjoyed a remarkable rally over the last four months as the world has gone from entering the most severe wave of Covid-19 to rolling out vaccines and planning its final exit from the restrictions.
Efforts by OPEC+ have been key to this, including the surprise one million barrel cut from Saudi Arabia earlier in the year, which confirmed the group was committed to bringing the market back into balance even as the world starts to emerge from the pandemic.
But the next phase is arguably the most challenging for the group so it's so surprise that the week before the next meeting, we're seeing momentum slipping on the daily chart, even as prices are hitting new highs.
That kind of divergence is a red flag rather than a reversal signal but after such a powerful run and ahead of a meeting that could be challenging, a correction wouldn't be entirely surprising.
We could still see some more gains in the near-term but the closer it gets to $70, the more interesting the momentum indicators will become, given the psychological barrier and the fact it has historically been a key level of resistance.
The 4-hour chart shows that price is currently quite extended, with it being quite far from the moving averages compared to where it's traded the last few months. A move back towards the 55/89 SMA band would be very interesting, with it having been a key support zone all the way up. There have been small moves below at times but broadly speaking, it has been a key reversal point.
A break below this could signal a larger correction, although that may well depend on the outcome of next week's meeting and how positive investors stay in the face of rising yields.
USDRUB could drop to RR 66-68 once below 72The RUB is getting stronger amid global weakness of USD (DXY) and rising crude oil.
Below RR 72 the move to the upside could be invalidated.
There is a chance that this drop could extend to the downside to build the large wave Y of WXY flat correction.
We saw such a drop in wave W before.
The minimum target is to hit the start point of wave X at RR 68.
The equal distance with wave W could send the USDRUB even deeper to RR 66.
I added the inverse UKOIL on the left scale.
It shows that RUB accumulated a huge divergence as oil is rising and RUB doesn't catch up with it.
Before last summer the correlation worked amazingly well.
Do you agree with this view? Please share your comments below.
Cheers!
Have some markets shown they have already past a mid Jan peak?Some markets seem to have shown that they peaked in mid-January... indicated in their U.S. listed, $USD denominated, ETFs: Russia RSX, Brazil EWZ, India INDA, Thailand THD, Europe EWZ... and also in certain financial markets as indicated by a Commodity Tracking fund DBC, and see also the US Government Bond 5 Year Yield .
Russian ruble's depreciation continuesRussian ruble's tests at around 80 seems to support the idea of further supply at and above this level. A further move towards 90 and above can be expected though the trend may turn afterwards.
Russia is an important commodity exports based country and oil is an important component of country's revenues. However, oil market outlook is not bullish and not supporting ruble's prospects.
WTI Crude - Time for a correction?Oil prices have been on a fantastic run since early November and with reports emerging of a deal between OPEC+ members on production in February, they've been given another bump today, up close to 4% at the time of writing.
That leaves WTI trading just shy of $50 once again, after running into resistance around here on Monday. A deal to keep output steady is undoubtedly good news for oil prices but how much is already priced in? Does crude have a breakout above $50 in it?
The momentum indicators suggest this will be very challenging. They've already been posting lower highs on the daily chart since mid-December, after which price has made new highs. A lot of positive news is priced into oil prices now and this wave we're going through is looking far more severe than many anticipated due to new strains.
The near-term risks may be to the downside in oil, although with OPEC+ monitoring the situation so closely and, importantly, acting when necessary with high compliance, any slip in prices may be limited to just a small correction. The outlook is much improved for oil prices, producers just need to navigate cautiously for a few more months.
A break of yesterday's lows may signal the corrective move is underway, with the real test then coming around $46, where the 200 SMA meets support from mid-to-late December.