Setups
BRK.B Berkshire HathawayBerkshire Hathaway is a holding company for a multitude of businesses, run by its famous Chairman and CEO, Mr. Warren Buffett. Berkshire Hathaway is headquartered in Omaha, Nebraska and began as a group of textile milling plants.
"Multitude of Businesses"
Analysis:
My Father is Charlie Munger...My Uncle is Warren Buffet. This doesn't need a wordy analysis. That'll be disrespectful.
On the 1 hour timeframe, price is simply at a strong support. Very profitable, safe organization. Needs to retrace the previous high. Price broke out of its uptrend and found a solid historical support. Time is champion.
*Not advice, just an idea.
PBR PetrobasPETROBRAS-ADR C is an integrated company operating in exploration, production, refining, retailing and transportation of petroleum and its byproducts at home and abroad.
Analysis:
This company impresses me from a financial perspective. This is a company that is managing their debt and cashflow during adverse times within an underperforming sector. I've seen that they've been having alot of activity going on this past month which indicates future sustainability when comparing their operating cashflow to their short term and long term debt scenario. Interested to see how this company performs over time!
On the daily time frame, price is currently overbought when looking at the RSI and the MACD. Even with this sentiment, the previous high was broken on the 4 hour time frame. So I took a look at the smaller time frames and it seems like price is ready to start retracing to a near support level considering that the 200 and 50 ema is crossing on the 15 min time frame and under. It looks like the gap is closing on the 1 hour and the 4 hour going down. I would like to see where price is at when the rsi is oversold and the macd reverses it current crossover. If this company continues to have stable operating and free cashflow over the next few quarters, I don't see why the share price wouldn't have positive expectancy.
I have a price target of $31 but realistically, I just price reach support and retrace the resistance.
*not advice. just an analysis.
RIG (Transocean Ltd.)Transocean LTD., formerly Transocean Inc., is an international provider of offshore contract drilling services for oil and gas wells. The company offers deepwater and harsh environment drilling, oil and gas drilling management, and drilling engineering and project management services, as well as explores, develops, and produces oil and gas resources. The company is based in Houston, Texas.
Analysis:
This company still has to show me that they can lower their operating expenses. It seems to me that most of their money is being tied up in making sure they keep their physical assets in working condition. On the Daily TF, I see price has broken out of a long downtrend and is currently over bought. I want to see where price is at once the previous low is retraced. I also want to see what their next quarter or two looks like. Im holding off, but im watching this closely. Potential top performer in a failing industry. Oil and Gas Drilling. I'm going to dig into their website to see if I can get a deeper understanding of where this company can go down the line.
Bitcoin Analyze (Setups) 🧐Hi, everyone, today I want to talk about Setups that can happen.
I have to say thanks to all users that respect ideas that are even wrong (Please Respect each other🙏) If you do not like some analyzers, you can unfollow them, but please do not destroy them🙏.
Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰
Location🌊 : if you want to know about counting waves of Bitcoin from 😱2.5$😱 until the end of the Main wave A that you are seeing it on my chart, first you can read my previous post with the topic ''Bitcoin Analyze 🗺️🔥(Counting Waves + Road map+ Long-term)🔥🗺️'', second please read my post with topic ''Bitcoin Analyze (Road Map)!!!🗺️'' too.
Also, you can visit my post with the topic ''Bitcoin Analyze (End of Rally is uploading)!!!⏰'' for knowing more about my Bearish Expanding Triangle.
Live : Bitcoin lost its main uptrend line a few hours ago, it can be a sign for finishing this bullish rally (but better wait to be sure about trusty break), also I was able to find Fan Principle setup that it can be another sign for finishing the bullish rally. if the price can break the Third line of the Fan Principle, we will be more confident of the end of the uptrend, If this happens, the price will close to the lower line of the Bearish Expanding Triangle while we will have Bullish Gartley Harmonic Pattern(Probably, we can visit Point D(It can be a Critical point) of Gartley at TRZ).
RSI : RSI has important resistances in front of itself, and we can see Bearish Deep Crab 🦀 that it is working now, and I think that this bullish rally can finish with a symmetrical triangle on RSI. Daily Timeframe⏰ 👇
In addition: stochastic is showing the end of the movement, Timeframe 4h ⏰👇https://www.tradingview.com/x/QiKHP285/
My Suggestion : if you have Bitcoin, you have to think about taking profit from them Soon/ if you don't have coins, Don't be FOMO, probably time will give you another chance 👍😉.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
GMDetails are in Photo. GM is a great company in my eyes. I do feel mixed on the auto industry with the variant and other catalysts in the reports that are being released economically. I wanted to catch this at a support level on a larger time frame. Just want to keep it simple. I didn't do any options because I wanted to stay away from theta just in case. Looking for $60 no matter how long it takes....not advice.
Intel Corp.I love this companies financials. I understand what's going on in the semiconductor world. However, I'm thinking about consumer durables like laptops, computer gaming, memory and storage data. I'm not big on speculation but I know we are so dependent upon technology and alot of their products attack a wide range of technological factors.
Price is currently at a strong support in my opinion. On the 1 hour time frame, there seems to be to some strong consolidation in this same support area. This could indicate that Intel is currently in its accumulation phase. I've looked at some insider trading as well and noticed that within the last two months, there were purchase on two occasions around this area and a third person sold at $57... I want to see price breakout at some point to the upside as the previous high was broken and the previous support hasn't been reached yet considering a strong consolidation at its current support. Let's see what happens! I'm locked in til 2023.
Not advice
What do you think?
XLE SP500 Energy Sector SPDRWhen doing my sector research, I noticed that the stochastic levels were decreasing. I like levels under 50% and this is currently at 24% today. The put to call ratio is under 1 sitting at 0.92 post-market which indicates that there are a tad bit more puts that were closed today versus yesterday which indicates that more calls are slowly entering the market. The energy market is due for a spike in my opinion as the economy is slowly recovering and demand is slowly increasing with talks of the infrastructure bill along increased oil demand as of late. The only thing worries me is the lack of unemployment growth and job acceptance compared to job growth which has been increasing.
As far as the chart itself, on the Daily timeframe I noticed that the RSI is in the "oversold" territory and the MACD just crossed over to the green territory which indicates a possible reversal soon to come. I've also noticed that "Support #1" has potentially been broken. I want to make sure my 4HR and 1HR time frames match to the daily regarding the RSI and MACD which it is pretty close in my opinion. Since "Support #1" has been broken, I went to the 4HR and 1HR to confirm in which I saw the Support #1 being broke through with strong bearish candles. This indicates that price could potentially begin testing "Support #2". I used the fibonnaci indicator to trace a potential retracement from and to the resistance and the support levels to create the discount price area and the target price area.
Before entering I want to see bullish candles in the discount zone on the 1HR timeframe!
I hope this give you some form of sentiment.
Thanks for the support!
CitigroupSeems like XLF has been taking a brief dip. with a stochastic under 50% currently 44% I wanted to find a reasonable company that was near or at a support level on the daily, 4 hour, and 1 hour time frames. Citigroup seems like a good deal to me.
The rsi and the mac d both match on those three aforementioned time frames and I was waiting for some bullish candles to indicate a potential retracement to the upside which is why I used a fibonacci tool to retrace up to 61% of the previous high on the daily time frame. I will only purchase 1 share i case of a future crash and will be patient enough to wait a true discount.
What do you think?
AtntI like Atnt even though their annuals financials are shaky. I love the acquisition of DISCA which will take effect next year. Atnt is at or near a strong support and I like the variety of things Atnt is involved with. I feel that they are making noise behind the curtain and is also claimed to be popularly known as a defensive stock. Stochastic is at support on the Daily and the 1 hour time frame matching the green of the Mac D. Previous was broken so I set a fibonacci tool to retrace up to 61% of the previous in case I want to take profit on some shares.
What do you think?
Verizon WirelessLooks like the XLC is down today when compared to yesterday. Went from a 90% stochastic to currently 79% around noon today. I've been watching sector for the past couple of weeks. In my opinion, this company has reasonable financials with a quality product and consistent customer base.
I noticed that price was at a support a few days ago and entered a debit spread last week. However, I want to own the company so I revisited. I saw last that the stochastic was oversold on the Daily, 4 hour, and 1 hour. Everything looks the same outside of the 4 hour. I'm giving this the benefit of doubt because of the way the market opened today. Price is still at support or close by and I have used the Fibonacci tool to retrace the previous high up to 38-61%.
What do you think?
Encore Wire Corp.I wanted to make sure the Daily, 4 hour, and the 1 hour timeframe matched. The RSI needs to be oversold and the Mac D needs to be green on all time frames.
This ticker has solid financials but took a covid hit in 2019 and seems to be improving within the last 3 to 4 quarters!
I always want to make sue that my hard earned money is being invested into companies that have proven fundamental history.
This company is a copper, aluminum based company that works within the infrastructure realm and with Biden plan getting a go,I believe this company will get put to good use!
I plan on purchasing 1 share at support #1 ($65) and save my bigger purchase in case price falls to support #2!
I use a Fibonnaci tool to retrace the previous high ($84) up to 61% if possible!
I have a $75 price target.
Good luck! Let me know what you think?
Fifth Third BankI chose this ticker mainly due to XLF reaching under the 50% stochastic zone (Currently 44%). The previous day was at 61%. This told me that I could possibly find a support on a stock within the sector. It just so happens that the IWM (Russell 2k) dipped down to 28%. During the middle to end of May the highs touched near the resistance price of $43 about three times. The previous high was broken and the current low hasn't broken the strong support "yet". Looks like a W pattern is setting up for a retracement up to 61% of the previous high. This company seems like a damaged company that has valuable growth. That's just my honest opinion.
FMC CorporationThe reason I chose this ticker is due to the fact that XLB (basic materials sector) has fell under 50% stochastic currently sitting at 36%. Since Dec of '20, price has reached near the high of $120 about 4 times. It seems like price is currently testing support and is near a strong support. My daily, 4 hour, and 1 hour time frame matches with the RSI being oversold and the mac on the green side. I used a Fibonacci tool to track a retracement percentage up to 61.60% of the previous high. It looks like price could be ready soon for some type of retracement.
What do you think?