NVDA / BTCAlright so this is my first Stock market trade. Im going to go long on NVDA despite the recently news of bitcoin and bitcoin being under $6000. Currently it costs around 6k to mine a full bitcoin so mining farms are losing money. Which means NVDA and AMD got the smack down last week. I love trading FUD and i traded TSLA from 250 to 375 when Elon was smoking the gas on stream. Im picking up shares here for quite a few reasons. You see an rsi that is really low around 30. The last time it ranged that low it went on a RAGE. The macd doesnt look horrible its setting up for a push up. Theres a big gap when the price fell. Im buying in the green and selling in the red. Lets see how we do!
Stockanalysis
BNS IS MUST PORTOFOLIO STOCK!FUBDAMENTALS Summary
1.Bank of Nova Scotia has announced 6 acquisitions in the past few quarters.
2.The company now expects about C$200 to C$250 million of integration costs in the next two years.
3.The bank should be able to achieve significant synergies and improve its operational efficiency through back-end systems improvement.
4.Bank of Nova Scotia should be able to benefit from strong economic growth in Latin America.
TECHNICAL OBSERVATIONS
1.We have a descending trendline that will give us the sign for a change of trend if of course we have a break above and a re-test.
2.We can see that price moved above the 200 EMA but the EMA has still negative slope and every time price did that failed to validate it moving again below it.That's why a double confirmation should give us a high probability sign for a buy.
3.We can also see that the EMA strategy we are in consolidation phase on daily chart,but looking under more longterm scope on a monthly chart is a nice buy after a pullback to the mean.
4.Ichimoku clouds are not giving a reliable sign as we are in consolidation phase and they are nor respected.
POSSIBLE TRADE
ENTRY AT RE-TEST OF BROKEN TRENDLINE ABOVE 200EMA
STOP LOSS AT 73$ MONTHLY LOW AND BREAK OF ASCENDING TRENDLINE
FIRST TARGET AT 85,50$ PREVIOUS HIGHS
SECOND TARGET WILL BE UPDATED IN NEXT ARTICLE!
THANKS FOR SUPPORT!
KEEP FOLLOWING FOR MORE PROFITS!
PLEASE LEAVE A COMMENT,YOUR OPINION OR EVEN A QUESTION YOU MIGHT HAVE!
STOCK REVIEW : FRONTKEN CORPORATION BHD (0128)INTRADAY ANALYSIS
Potential buy price above 0.470, on our analysis if they will break the trend line and find the nearest resistance which is R1 (0.510). At this zone (blue), the decision price either to continue bullish break the resistance zone to find another resistance R2 (0.550) or do rejection at this zone. If rejection, you must TP in here.
Analysis from our team, Ghibli & Co. Hedge Fund Capital (Malaysia).
Any inquiries about investment/analysis please contact us ghiblico.my@gmail.com
Facebook's full analysisFundamentals:
Annual Report as well as the Q1 2018 report are very positive, so the fundament behind the chart is good for an uptrend.
Technicals
MONTHLY CHART
-Trendline is confirmed, clearly going up and respecting that line.
-Now trying to test all time highs but doesn't look like the best setup for a price explosion; quite a lot of weird up and down spikes, not that solid, retracement quite impulsive.
Conclusion:
View is bullish, but there are some early signs of potential momentum slowing time, this means no contiuation, no reversal either.
WEEKLY CHART
-Potential scenario because price is kind of slowing down, looks like double top kind of formation.
-195-200 resistance, major key level there.
-For the next months, I don't think it'll break impulsively. Still remains bullish ofcourse, but think it's kind of running out of steam.
Conclusion:
View is bullish, but no continuation expected in the next period of time.
DAILY CHART
Falling wedge, not the best, but kind of forming up there. Quite some evidence supporting it, such as psychological key level resistance, double top formation aka highs rejection.
Conclusion:
Currently bullish, but expected to turn bearish soon on this timeframe.
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The more and more I zoom into this chart, the more bearish it becomes. Can be early signs of a neutral period for FB, despite the fact that the fundamentals are quite strong. Doesn't mean this will drop, but just don't expect price to continue going up for now.
Please give me some feedback on those analysis, would appreciate that!
Alibaba: $200 Price TargetRemember when Alibaba slightly went right towards the $200 mark in January? Now they are having the holiday seasons again for e-commerce and it looks like for a short calling, Alibaba will re-pass a $200 price point. (Even with increasing competition from the Walmart and Flipkart merger). Currently at the $195 price point and a trailing that looks like it will turn positive, I would conservatively call this a short with very little risk.
Orange SA France(Telecom) - Undervalued.This year in the report , the heads stated that they will increase the dividends by 0.05 euro cents. Meaning - earnings are better. As earnings are rising, dividends risen also, the stock moved higher, the questions is for how long. As it was floating in a highest range for quiet some time, I assume there will be the market correction to the bigger channels bottom.
As this company is owned also by a government of France, we do not expect it to skyrocket, but we assume it to be confident and steady for a good yearly %.
Analysed PE, BV and financial reports. We have a an undervalued company.
Briefly.
256 million customers worldwide.
0.65 Euros dividend per share.
15% of stocks - Government of France
85% of stocks - public float.
BUYING PRICES AND INVESTMENTS SPREADS: 12 - 10% of capital
10 - 10% of capital
9 - 15% of capital
8 - 20% of capital
SELLING PRICES - 16
17
Weekly cup and handleTaking a look at restoration warehouse on the weekly charts. Looks to be a nice cup and handle forming. Last year price tested a breakout over $110, but could not sustain a close over and since has pulled back.
As of late price has traded nicely in the smaller channel I have drawn with trend lines. Looks to be flagging and presenting the handle for the cup.4 weeks ago we saw a nice push up which has set up an inside bar play as well. Price has since traded inside that weeks range for the last 3 weeks.
I am looking to get long between $80-$74 dollar price range. I will most likely layer my position in that range with a calculated stop of 1% total risk of my portfolio. If I do not get an opportunity to get the desired fills I will take a half position on the breakout of the trend lines while adding the last half on a breakout of $110. I want to be patient and either get the fill at value or play the breakout. what I do not want to do is rush and get a fill now to only have price go lower and possibly stop out before ever getting to a desired location.
If price does come to this range it will be coming to test the lower TL of the larger channel running from mid 2016. If price is to bounce it should provide at least a decent short term return.
Ideally I would be looking to hold this long term as we are playing the weekly chart and the completion of the cup and handle should bring solid long term gains. Once my position is full I will be taking profits at calculated targets and employing a wide trailing stop. If this idea comes to fruition I will update with position ave, targets, and strategy for my stop. Thank you all for viewing.
QQQ goes back within the daily trend channel from 2015I think the 160 level is key for QQQ to hold. Since we just had a failed breakout to the downside, any upside move will have short panic covering.
If it holds the 160 level this week, I think we will go higher next week (possibly a gap fill to 170).
STOCK REVIEW : BOILERMECH HOLDINGS BHD (0168)Based on OUR analysis it's time to make decision for BOILERMECH HOLDINGS (0168)
TECHNICAL ANALYSIS :
Based on current price 0.770 it will continue on bearish on support zone (S1), if they break the zone which is 0.755, it means they want to find the strong support (S2) 0.730. And do the rejection to find the nearest ressistance (R1) at price 0.910.
Probability do rejection? YES, they will do retracement at Fibo Level 0.38 (FB1:0.820), going short a little until level 0.12 (0.775) and then it will continue bullish mood also find the nearest resistance R1.
Wait for next confirmation after they break R1 it will continuously on bullish mood. Possibilty find the next resisitance R2. But must see the MA to know the trend continue long or short trend
WHAT IF they break second zone of support R2?
In my honest opinion, it show that performance of this company will confront bad either financial or management in this year.
FUNDAMENTAL ANALYSIS :
Current Div Yield 1.90 > Ave. Div Yield 1.55
It show that this stock is UNDERVALUED, very good reason to buy it know.
Based on Financial Position FTYE17
Asset, the trade receivables is reduces amount RM40,010,389. It's a GOOD sign, because debt collector that manage properly.
Inventories reduce RM2,712705 (-8.51%), NOT GOOD because it show less WIP in this year.
Trade payables reduce RM12,691,183 (-31.4%), GOOD sign, less do payables and good payment on time in previous year.
Tax Liabilities reduce RM 56,090 (-95.8%) VERY GOOD. It shows this company pay tax properly in this year eventhough it's not quite good year in current econony situation.
This stock will be potential in 2018. It is just on paper, but not reality, it based on current economy and company performance decisions.
Analysis from our team, Ghibli & Co. Hedge Fund Capital in Kuala Lumpur.
Any inquiries about investment/analysis please contact us ghiblico.my@gmail.com
AMD - On the verge of a breakoutAMD has had a pretty incredible 18 months - reaching into the teens for the first time in 10 years. Over the past couple months, we've seen a pretty substantial drop in price, from over $14/share down to $9.94 yesterday - a 29% dip. Looking over-sold at the moment.
We're getting close to the end of this falling wedge, right near the long term support line, and could be looking at a bump North of $12 by Christmas. This will depend largely on breaking out of the pattern and successfully testing recent resistance around $11.45.
HAL Halliburton Company short - in a downward trend 2017Review
Since the end of January of this year, a downward trend formed in the stock which, as things progressed, was confirmed over and over again. In addition, the much-observed SMA 200 was exited downwards. Currently, the value is far into the correction of the last downward movement, and it is worth keeping an eye out for short signals.
Outlook
The correction of the downward trend that is visible in the daily chart can be recognized as an upward trend in the subordinate trend size in the hourly chart. In order to find a short entry into this stock, one should first wait for a trend reversal in hourly chart. Here, an entry would be possible at a new low (P2) or subsequently from out of the correction after a new low, with a stop loss above the P3 that would have formed by then. The marker around 38.70 USD serves as a target area (green zone).
If the price clearly and sustainably rises above the area of 46 USD (red line), the short scenario should be abandoned.
AMD potential buying opportunity AMD has fallen 9% since taking profits. There are some technical levels that the stock could find support. I'm still Bullish on this stock. With a new chip and earnings being released at the end of the month, I expect the upward trendline to hold. I'll look to buy when there is a confirmed bounce.
This trade has a risk to reward of 9:1.
Post thoughts!
ATVI Stock Technical AnalysisATVI is fundamentally set up for a HUGE fourth quarter. And the charts agree.
I would be in ATVI at ANY price below $60 as I believe $70 a share is a conservative target (13%).
I will try and snipe an entry at the BOTTOM of this current range to maximize gains... my limit order is set!
Guarded by a dragon?As one of my friends requested, I have made a graphical representation for him.
For several days, we can see that this Bond has been consolidating within the daily resistance and the monthly support. Just a few days ago, the Bond has broken above this consolidation mode. However, as seen on the graph, this may be a false breakout as this has occurred before thus making that area as the 'temporary' daily resistance.
Watch this pair closely!