Stockmarketanalysis
POLE FLAG WITH ROUNDING BOTTOM IN DALMIA BHARATWe can See a trend change in Dalbharat...
Phase 1 Downside - Done
Phase 2 Sideways Consolidation - on going
Phase 3 Trend continuation or Reversal - NEXT
For Short term we can see Pole flag formation in Dalbharat after trendline break
For long term if the pole and flag gets activated we can see Cup and Handle next.
Dalbharat has been trading in range and consolidating...
Dotted Trendline should act as Upside support
Idea Invalid if 1840 broken on DCB
ASI - Elliot Wave PatternThe completion of this pattern typically suggests that the market might enter a corrective phase or a new trend might begin. It’s crucial to keep an eye on the key support and resistance levels and be cautious about the potential market movements.
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
WK Kellogg $KLG Analysis Company Overview: WK Kellogg NYSE:KLG is pushing forward with its "Feeding Happiness" initiative, a sustainable strategy designed to tackle global food challenges, aligning well with the current trends in ESG (Environmental, Social, and Governance). This strategy underscores the company's commitment to sustainability and long-term growth, which could capture the attention of investors, particularly in uncertain market environments where consumer staples become more attractive.
Key Catalysts:
EBITDA Growth Projections: Despite flat sales forecasts, KLG expects mid-single-digit EBITDA growth in 2024, reflecting a resilient business model post-recovery from the 2021 fire and labor strike.
Profit Turnaround: KLG saw a remarkable 50% increase in standalone adjusted EBITDA, with a net profit of $15 million, reversing from a loss of $152 million. This substantial turnaround strengthens investor confidence in its operational efficiency.
Sustainability Focus: The "Feeding Happiness" strategy aims to meet global food challenges, enhancing the company’s brand value and appeal to environmentally-conscious consumers.
Investment Outlook: Bullish Outlook: We are bullish on KLG above $15.50-$16.00, highlighting its attractive entry point as the company pivots towards sustainability. Upside Potential: The upside target for KLG is set at $23.00-$24.00, driven by its strategic growth initiatives and profitability recovery.
📈 KLG—Feeding Happiness, Fueling Growth. 🌱 #SustainableFuture #EBITDAGrowth #KelloggTransformation
Nasdaq-100 Index. The Psychological Aspects of Round NumbersIn the complex dance of commerce and finance, price tags play a key role in influencing consumer decisions.
While it’s a fairly common psychological assumption that every penny and cent counts when it comes to getting the best deal, human psychology often deviates from this linear logic. In this educational post, we explore the irresistible appeal of round numbers, and how they often trump other considerations when making transaction decisions.
The Irresistible Attraction to Round Numbers
We do often believe that every penny counts in our transactions. However, research shows a striking deviation from this assumption. In scenarios where people choose a price, such as tipping at a restaurant or donating to beloved author or website, they disproportionately choose round numbers — like $ 5, $ 10 or $ 20 — far more than would be predicted by chance alone.
One could argue that this is due to the rejection of change, a reluctance to waste time on small change, and the unwillingness to bother with complex mathematics. However, even in cases where the exact bill is not an issue (e.g., cashless card payments), the preference remains.
For example, diners faced with a non-round bill (for example $ 34.67) are more likely to give non-round tips ($ 15.33), but only so that the total is a neat round number ($ 50).
Why do we prefer round prices? And what is the psychology behind it?
1) Cognitive simplicity: The human mind is programmed to simplify and seek simplicity. Numbers like 10, 50, or 100 inherently feel “cleaner” and less chaotic than 17, 62, or 84. This desire for neatness gives us a sense of accomplishment.
2) Perception of quality: The marketing world has long capitalized on this preference for round numbers. Brands strategically associate round prices with premium quality. On the other hand, odd prices like “29.99” or “34.99,” while ubiquitous, subconsciously signal here's a discount or a bargain.
3) This preference is not limited to prices. People exhibit this tendency to round in other aspects of life as well. Our repeated exposure to round numbers is common in a variety of contexts, both in everyday life and during financial transactions, which contributes to an unconscious bias toward them. This cognitive ease with round numbers further perpetuates the preference.
The stock market’s behavior and its fluctuations around these significant, round numbers is not a coincidence in general; there is a psychological explanation.
Market Psychology of Round Numbers
When the market reaches round numbers such as 500 or 1,000, 2,500 or 5,000, 10,000 or 20,000, it attracts the attention of both active traders and casual investors who may not even be actively following the market.
As in everyday life, people often use round numbers as thresholds for making investment decisions. For example, some may decide to enter the market if a major index such as the Nasdaq-100 has exceeded 10,000, or they may decide to sell some of their stocks if the Nasdaq-100 has reached 20,000.
These round numbers act as magnets for sellers as they mark important milestones given the relatively high rarity of a round number. If the market has the potential to move higher, it first needs to absorb the selling pressure around the round numbers and establish equilibrium before continuing its move higher.
If we analyze the market behavior over the last decades, we will see clear patterns at round numbers. Let us take a closer look at a few examples.
1) Indian Stock Index, Sensex BSE:SENSEX
Sensex, one of the major market indices in India, has its share of round number syndrome. For example, when Sensex reached 10,000 points in Q1 2006, it experienced significant market activity, with the index fluctuating by as much as 30 percent in Q2.
The same phenomenon occurred at multiples of 10,000.
Thus, at 20,000 points, which the Indian market reached at the end of 2007, the index collapsed by more than 60 percent over the next 4 quarters of 2008.
Later the 20,000 mark has been reached again in the second half of 2010, and the index again suffered a decline of more than 20 percent during 2011.
Later Indian stock market index reached the 30,000 mark in the first quarter of 2015, and its led to a price decline of more than 20 percent in the next 4 quarters, while 40,000 mark in the fourth quarter of 2019 - led to the market decline by 30 percent on the wave of COVID-19 sales.
2) Gold market OANDA:XAUUSD
As in the previous example, round numbers often become key points of congestion for Gold market, when the market tries to break even higher, but the forces of buyers and sellers may be unequal.
For example, spot Gold reached the $ 1,000 mark for the first time in the Q1 2008, which, following the logic discussed above, led to sales and 30 percent decrease.
Gold spot buyers have tried a lot to reach $ 2,000 mark in 2011, but it brought the market down by 45 percent over the next 5 years. There were also a lot of unsuccessful attempts to jump above $ 2,000 in 2020-2022.
Finally Gold spot surged above $ 2,000 only in Q4 2023, its led to further price increase, up to 2500 US dollars per ounce.
3) US stock index, Nasdaq-100 index NASDAQ:NDX
The Nasdaq-100 index approached the 10,000 point mark for the first time in Q1 2020, which could have contributed to the sell-off. In fact, this is what happened, as the market then plunged by more than 30 percent in March 2020, and only thanks to monetary support measures and the reduction of US interest rates to almost zero, the index was able to break the 10,000 barrier by the end of Q2 2020.
Reaching the 20,000 mark by the market index in Q2 2024, as we see, again leads to increased turbulence in US tech stocks and talk of imminent monetary easing by the Fed.
Final Thoughts
1) It is important to note that round number syndrome and increased seismic activity near rounds number is a short-term phenomenon. Once the selling pressure is absorbed, the market resumes its movement based on other factors and develops independently of these already passed milestones.
2) Understanding the market behavior at round numbers can provide valuable information to investors. These round numbers act as psychological triggers for investors, driving their decision-making processes.
3) Understanding this phenomenon allows investors to make more informed choices and understand the short-term fluctuations that occur during these stages.
🔀 Bang Bang. Zoom Hit The Ground. Bang Bang. Bears Shot It DownZoom company's video-conferencing service became so ubiquitous during the Covid-19 pandemic that its corporate name became a verb describing the act of firing up a video chat to connect with coworkers online.
Zoom shares VIE:ZOOM rose seven-fold in 2020 as sales surged after millions of workers were stuck at home because of COVID-19 restrictions. By 2021, though, revenue growth slowed, and the stock plunged. The company has shed at least $100 billion in market value since then.
Meanwhile over the past two years, the stock has stagnated because Zoom's video-conferencing service is needed less as businesses continue pushing staff back to the office.
Zoom, one of the main enablers and beneficiaries of remote work, in August 2023 has asked its employees to head back to the office. The company announced that employees living within 50 miles of a Zoom office must work there at least two days a week.
"We believe that a structured hybrid approach – meaning employees that live near an office need to be onsite two days a week to interact with their teams – is most effective for Zoom," a spokesperson said in a statement. "As a company, we are in a better position to use our own technologies, continue to innovate, and support our global customers."
As pandemic Covid-19 is over, many other companies have announced return-to-office mandates, but Zoom's change of heart is surprising given the role its technology plays in remote work. The company's video-conferencing service became so ubiquitous during the pandemic that its corporate name became a verb describing the act of firing up a video chat to connect with coworkers online.
People are back to Travelling. The annual graph for NYSE:RPM , Revenue Passenger Miles for U.S. Air Carrier Domestic and International, Scheduled Passenger Flights.
Meanwhile, there're some important things to say.
Warren Buffett's 99-year-old business partner, Charlie Munger, was surprisingly embraced Zoom during the pandemic. Eric Yuan, the founder and CEO of the video-conferencing platform, celebrated the veteran investor's endorsement of his product on an earnings in 2021.
"I have fallen in love with Zoom," Munger, the vice-chairman of Berkshire Hathaway, said in a CNBC interview filmed at Berkshire's annual shareholder meeting in May, 2021.
"Zoom is here to stay. It just adds so much convenience."
• Munger added that he struck a deal in Australia using the communications tool. He trumpeted its prospects at Daily Journal's annual meeting in February, 2021 as well.
• When the pandemic is over, I don't think we're going back to just the way things were," the newspaper publisher's chairman said.
• We're going to do a lot less travel and a lot more Zooming.
Charlie loves Zoom and uses it frequently for business and to keep in touch with his family, as it's difficult for him to travel.
His business advice was to build a better product or offer a better solution, that it's all about competition, and that successful people are those with the acumen to understand life better than everyone else. He said it's up to you to work harder and better than the next person.
Charlie also said investments are better than money in the bank, and it's important to go to the office to work in person.
The main graph says, Zoom equities just hit the major all history ground support near $59 per share.
GOOGLE.... Go Long!After the bullish BOS, sweeping all of the external liquidity, price returned to the breakout level to find support at the +FVG.
Also worth mentioning, price retraced to the OTE fib level of .705, as well.
The reaction is a good one, as last week's candle had a strong, bullish close.
The outlook is bullish. Longs only.
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
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I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Intel - (Much) Lower from here!NASDAQ:INTC is about to create such a massive higher timeframe candle - a drop is immanent!
Within one month, a setup played out and we are back to beginning. During the past 30 days, Intel rejected the support towards the upside with a move of +25% and immediately reversed the entire move. The monthly candle will close so bearish, I do expect a break below the current short term support, followed by a retest of the multi-year long support area.
Levels to watch: $30, $26
Keep your long term vision,
Philip - BasicTrading
Dole (DOLE) AnalysisCompany Overview:
NYSE:DOLE PLC is a global leader in the fresh produce industry, with a strong portfolio of fruits and vegetables. As consumer demand for healthier food options continues to grow, Dole is well-positioned to capitalize on this trend. The company’s vast global network and operational scale give it a competitive edge in meeting this rising demand for fresh, healthy produce.
Key Catalysts:
Health-Conscious Consumer Trends: The increasing consumer shift toward healthier eating habits supports Dole’s premium valuation. As more consumers prioritize fresh produce, Dole stands to benefit from expanded market share and revenue growth.
Strong Start in 2024: Executive Chairman Carl McCann expressed optimism about Dole’s performance, aiming to maintain its adjusted EBITDA levels comparable to 2023. This guidance reflects the company’s strong operational execution and market positioning.
EMEA Segment Growth: The EMEA Diversified Fresh Produce segment has been a major driver of growth, posting a 44% year-over-year increase in Q4 segment adjusted EBITDA, driven by strong sales and improved margins. This robust performance is expected to continue supporting the company’s overall profitability.
Investment Outlook: Bullish Outlook: We are bullish on DOLE if it holds above the $14.00-$15.00 range. Upside Potential: The upside target for DOLE is set at $23.00-$24.00, driven by consumer trends toward healthier eating, strong EMEA segment performance, and operational execution.
🍍 Dole—cultivating a healthy future! #DoleFresh #HealthyLiving 🌱📈
Box (BOX) AnalysisCompany Overview: Box has successfully transitioned from its roots in enterprise storage to becoming a leader in cloud content management and automation. The company’s strategic focus on automation, evidenced by recent acquisitions such as Crooze (automation tools) and Alphamoon (intelligent document processing), has positioned it to capitalize on the growing demand for streamlined workflows and smarter document management in the cloud.
Key Catalysts:
Shift Towards Automation: Box’s move to expand its automation capabilities through strategic acquisitions underscores its commitment to enhancing cloud content management solutions. This shift is likely to drive increased customer adoption as companies seek to automate document-heavy processes and optimize workflows.
Margin Expansion & Buyback Program: Box is trading at around 20 times this year’s adjusted EPS estimates, offering strong growth potential driven by margin expansion. Additionally, the company’s board recently authorized a $100 million share repurchase program, reflecting confidence in Box’s growth trajectory and ability to return value to shareholders.
Strategic Growth: Box continues to innovate in cloud content management and automation, which positions it well to capture a larger market share as organizations increasingly prioritize cloud-based and automated solutions.
Investment Outlook: Bullish Outlook: We are bullish on NYSE:BOX if it holds above the $28.00-$29.00 range. Upside Potential: The upside target for BOX is set at $44.00-$45.00, fueled by its strategic focus on automation, margin expansion, and strong buyback activity.
📦 Box—driving the future of cloud automation! #BoxCloud #AutomationRevolution 🚀📈
Oil Collapse | WTICOUSD About to Give it Up!I called the oil top in June 2022 and I have been building / holding a massive leveraged short position ever since then.
This market will take YEARS to recover, after the current selloff is complete. I will continue to cover the devastation, along the way.
Don't listen to the media - they are lost.
Question your "advisors" - they are going to encourage you to "stay invested", it's what they do.
Ultimately, the decision to ride out this market will cost you dearly.
If you are able, GET OUT OF THE MARKETS.
There is nowhere to hide!
YENOCALYPSE. TO BE CONTINUE...The yen has posted several outsized moves in recent days, appreciating sharply on Thursday and Friday from 38-year lows of 161.96 per dollar, sudden rallies that market participants said had the signs of currency intervention.
Bank of Japan data released on Tuesday suggested Tokyo may have spent 2.14 trillion yen ($13.5 billion) intervening on Friday. Combined with the estimated amount spent on Thursday, Japan is suspected to have bought nearly 6 trillion yen via intervention last week.
In technical terms, USDJPY Fx pair has broken its major Bullish 7-months trend.
What is next? I think retrace is possible.. But just to deliver much more to 152nd ground.
// Mega stocks are in ruins..
Planet Fitness (PLNT) AnalysisCompany Overview: Planet Fitness operates a unique franchise-based model, which reduces capital expenditure and enhances free cash flow. The company owns just 256 of its 2,575 locations, leveraging its franchisees to drive expansion and growth. With its affordable $10 monthly fee, Planet Fitness has successfully attracted a broad demographic of casual gym-goers, keeping membership churn low and ensuring steady revenue streams.
Key Catalysts:
Franchise Model Efficiency: The franchise-based model allows Planet Fitness to expand rapidly while keeping capital expenditures low, resulting in strong free cash flow. This model also minimizes risk and enables the company to focus on brand development and member experience.
Strong Membership Base: Planet Fitness currently serves 18.7 million members, capitalizing on its low-cost membership structure to maintain a steady flow of new members while minimizing attrition. This large and stable customer base is a key driver of its long-term growth.
Sales Momentum: Recent financial performance has been strong, with same-store sales up 8% and total revenue increasing by 14% to $278 million. This indicates continued growth momentum, suggesting that Planet Fitness is successfully navigating the competitive gym industry.
Investment Outlook: Bullish Outlook: We are bullish on NYSE:PLNT if it holds above the $72.00-$73.00 range. Upside Potential: The upside target for Planet Fitness is set at $98.00-$100.00, supported by its efficient franchise model, strong membership growth, and positive sales trends.
🏋️ Planet Fitness—building strength in numbers and cash flow! #PLNT #FitnessGrowth 🚀💰
Nvidia - The -60% correction is starting!NASDAQ:NVDA is showing us multiple confluences which will lead to a massive move lower.
Be greedy when others are fearful and fearful when others are greedy. But on Nvidia we cannot be fearful yet - so far, the smaller timeframes are still bullish. Everything makes me believe though that we will see a significant move lower soon: Nvidia is retesting massive channel resistance, repeated the previous bullish cycles and is preparing for the next correction cycle!
Levels to watch: $120, $50
Keep your long term vision,
Philip - BasicTrading
PLASTIBLENDS - ROUND BOTTOM BREAKOUT8 Months of Round Bottom breakout
BUY PRICE : 353
SL : 304 (only for swing traders)
TARGET : 480 (36%)
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
SEQUENT SCIENTIFIC - Multi Year Breakout StockINVERSE HEAD & SHOULDER PATTERN BREAKOUT STOCK FOR SWING TRADING
> 2 Years of Inverse head & shoulder breakout
BUY PRICE : 155
SL : 125 (only for swing traders)
TARGET : 202, 250, 305 (100%)
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Tencent Holdings LtdIs Tencent Stock a Buy Now?
Tencent posted its third quarter earnings report on Nov. 16. The Chinese tech giant's revenue fell 2% year over year to 140.1 billion yuan ($19.8 billion), which represented its second consecutive quarter of declining revenue since its IPO in 2004. Its net profit rose 1% to 39.9 billion yuan ($5.6 billion). On an adjusted basis, which excludes its investments and other one-time items, its net profit grew 2% to 32.3 billion yuan ($4.5 billion). Those growth rates seem anemic, but Tencent's stock had already been cut in half over the past two years amid concerns about China's tightening regulations, slowing economic growth, and COVID19 lockdowns. So is it the right time to take the contrarian view and buy Tencent as a turnaround play? Let's review its core businesses and valuations to decide.
Tencent generated 31% of its third quarter revenue from its video game business. Domestic games, which include its blockbuster game Honor of Kings, accounted for 73% of that total. The remaining 27% came from overseas hits like League of Legends, Valorant, and PUBG Mobile.Its domestic gaming revenue fell 7% year over year, representing its third consecutive quarter of shrinking revenue, as it grappled with tighter playtime restrictions for minors in China over the past year. Those restrictions also coincided with a temporary suspension on new video game approvals in China, which started last July and ended this April.Its international gaming revenue rose 3% year over year, accelerating from its 1% decline in the second quarter, as new games like Tower of Fantasy and Goddess of Victory: Nikke attracted new players. Unfortunately, its overseas growth still couldn't offset its declining domestic revenue.
As a result, Tencent's total VAS (value-added service) revenue which includes its gaming divisions, social media platforms, and streaming media subscriptions -- declined by 3% in the third quarter but still accounted for more than half of its top line. This core business might gradually stabilize as Tencent expands its international gaming business, but it will likely remain under intense pressure as long as the Chinese government continues to scrutinize the gaming industry.
200$ was one of the biggest support and great opportunity to buying the dip. 300-320$ is a big resistance level for tencent and if bulls win that battle then 350$ is next but
can we back 250 or even 200$ again? YES
SYNCOM FORMU STOCK FOR SWING TRADING8 MONTHS OF SUPPLY ZONE BREAKOUT
BUY PRICE : 19
SL : 14 (only for swing traders)
TARGET : 26 (40%)
Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
MOREPEN LAB - 3 YEARS OF ROUND BOTTOM BREAKOUT3 YEARS OF ROUND BOTTOM BREAKOUT FOR SWING TRADING
NEW BUY PRICE : 75
SL : 50 (only for swing traders)
TARGET : 95, 125 (65%)
Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
TSLA : Initial Reversal or Continued Bullish Trend? (READ)By reviewing the #Tesla stock chart on the weekly (logarithmic) timeframe, we can see that the price is moving towards the supply zone that we've marked on the chart. I expect that once the price enters the $233.5 to $274 range, we will see an initial negative reaction. However, keep in mind that with the potential for interest rate cuts in the coming months, the stock market might experience a revival, pulling out of the recent downturn we've been witnessing. Therefore, while we may see an initial negative reaction from the marked zone, I predict the overall trend will continue to be bullish.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
((2+4+7+13+15+18+26+36+38+69+87+101+183+209+1000+1002+1000000000+1000000001+ 1000000853)^♾️*69) + 1 !