Glencore PLCAfter doing some research, I like this company. With the uprising of the EV industry along with COVID recovery in other industries (aerospace, infrastructure, renewable energy movement) I believe this is a good opportunity here for a rise up. Details in photo. Financials are getting better since taking commodity hits all 2020. New Management with a chip on the shoulder I'm sure. Commodities include (zinc, nickel, copper, gold, silver, cobalt, coal, and I may be missing one or two more.) I can see some growth in this company. They also increased their dividends. They literally had to slow up on production due to covid demands. More companies will start shopping around. Let's see what happens! I bought 8 shares and will watch for dip re buys! I know this company will be around. I'll look forward to increasing dividends down the line.
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Setups
A Wish for a Put!I think a Wish meme is all I need for a reason to justify the Put I entered. Can't give full analysis since I'm teaching at the moment. Let's see what happens!
I Originally marked this up on the Daily so the current support zone is really around $26-$27. I just need a few pennies off of the retracement if the market follows my order!
Strike Price: $26.82
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-Amateur Robinhood Trader lol
Invesco Mortgage Capital
Company Profile:
Invesco Mortgage Capital Inc., also called Invesco Mortgage Capital, is a holding company, which engages in investing, financing and managing residential and commercial mortgage-backed securities and mortgage loans. The firm primarily invests in the following: residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS), non-agency RMBS, non-agency CMBS, credit risk transfer securities that are unsecured obligations issued by government-sponsored enterprises, residential and commercial mortgage loans, and other real estate-related financing arrangements. The company was founded on June 5, 2008 and is headquartered in Atlanta, GA. The listed name for IVR is Invesco Mortgage Capital Inc
Details in chart. COVID hit. Company seems to slowly be improving financials. Quarterly coming up soon. Q3 was a good listen. I feel a positive turnaround coming along. Looking for price to hit $12.17 by 2022 min. I don't believe they will bankrupt. Looking forward to upcoming call. Might grab a couple shares just to get in early but will watch this for a while.
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NZDUSD BUYHello traders, this is my analysis on NZDUSD. I see a break of structure. I am waiting for price to retrace once again to the imbalance candle at the bottom where my point of interest is at (light blue rectangle). I want to see price bounce right back up once its retraces the imbalance candle to two possible take profits (the two imbalance candles). ***trade at your own risk***
Waiting for price to drop This is my analysis on EURUSD on the 4 hour time frame. I see a break of structure and price is already climbing up, but I want to see price fall down to the imbalance candle and bounce back to the upside. If you agree with his chart please give it a like and follow me. ***trade at your own risk***
The Ski Mask is on......AlbamarleI see a quick drop in price before the continuation of a tested resistance. I really like this company as they are the largest company within the lithium industry which will be in high demand for the auto industry. Going through a covid phase. They should be ok as the financials are still in ok enough shape to me for growth and long term value. I think price bounces off of $160.38 and shooting up towards resistance and above down the line.
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The Ski Mask is on......BLNKI like blink charging for a long term hold. Obviously we are headed into the EV age and I like how this company no only participates in making vehicles, but also dealing with charging stations was a big plus for me. I like the commercial value of this company down the line. Price is in a support zone look for it to test resistance since mac d and rsi are on the bottom side meaning that price could be oversold.
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Stocks To Watch This WeekThe Bull Market is strong. This week I tried to pick the absolute best names that present exceptional reward/risk. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 13 total stocks on this list. I add an additional 6 stocks that are on my potential short squeeze watch list. Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. Know your earnings dates! I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
T.Rowe Price Bullish -Ski MaskTarget Price: $168.00 and up.
Technical Analysis: I expect price to retrace the previous low (green, bottom of mac d: $160.23-$154.56). Once this price retraces, price should test what would be the current high and above (orange on top of macd: $165-$168 and above.) The stochastic rsi is on the bottom of the box which means price is over sold. However, I need it to match up to the mac d before going to a lower time frame for entry.
Fundamental Analysis: Price to earnings ratio is under 20-25. Which I heard means there is room for reasonable growth. Net Margin % is increasing. Impressive History.
Let me know what you think?
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Look, I'm just an average guy that needs this market to change his life. Keep in tune and let's help each other grow and learn!
"A Bad Idea may lead you in the wrong direction. No Idea leads you nowhere. A Good Idea is a reflection of the Bad Idea."
Please ClickHello traders, this is my analysis on USDJPY. Looking at the four hour timeframe I can see if there is a clear break of structure. I want to see price rise up to the imbalance candle and then drop down. Please trade at your own risk. If you agree with my analysis please give this chart a thumbs up and give me a follow for future post.