Stockpicks
CHWY potential buy setupReasons for bullish bias:
- Price has tested support
- An entry at the lower highs (LH) breakout for trend confirmation
- Bullish divergence
- Megaphone pattern
- XABCD pattern on weekly
- Earnings on 20th March, NYSE:CHWY might show good moves
Here are the recommended trading levels:
Entry Level(Buy stop): 19.27
Stop Loss Level: 15.37
Take Profit Level 1: 23.17
Take Profit Level 2: 29.21
Take Profit Level 3: Open
EXPO.N0000 - How to buy and sellBuy and Sell zones mentioned in the chart.
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.
PSNY Potential bullish rideReasons for bullish bias:
- Falling wedge with prominent bullish divergence
- Safe entry at breakout of LH for confirmation
- Targets till projection
Entry Level(Buy stop): 2.71
Stop Loss Level: 1.48
Take Profit Level 1: 3.94
Take Profit Level 2: 5.17
Take Profit Level 3: 6.4
PSNY forming falling wedgeReasons for bullish bias:
- Falling wedge with prominent bullish divergence
- Safe entry at breakout of LH for confirmation
- Targets till projection
Entry Level(Buy Stop): 2.39
Stop Loss Level: 1.21
Take Profit Level 1: 3.57
Take Profit Level 2: 4.75
Take Profit Level 3: 5.93
Take Profit Level 4: Open
VOD Vodafone Buyout Rumors Today !!Vodafone (VOD) Surges on Speculation of Major Corporate Moves and Potential Takeover
In today`s trading sessions, Vodafone (NASDAQ: VOD) has experienced a significant uptick in share value, rising as much as 7.1% in London trading. This surge can be attributed to growing speculation and rumors circulating in financial circles, particularly from Betaville, suggesting that the telecom giant may be on the cusp of a major corporate transaction, such as a spin-off or takeover.
The rumor mill is abuzz with talk of American companies expressing interest in acquiring Vodafone. While details remain vague, it is believed that discussions are underway, fueling anticipation among investors. This potential development signifies a pivotal moment for the traditional #Vodafone company, as it attracts attention from key players in the American telecommunications sector.
Adding to the intrigue, there are whispers of a possible increase in stake by one of Vodafone's existing shareholders, indicating a growing confidence in the company's future prospects. This speculative buying interest is often seen as a positive signal among investors, contributing to the recent surge in Vodafone's stock value.
Furthermore, there are indications that Vodafone may have received a new offer for its Italian unit. This comes on the heels of the rejection of a revised offer from Iliad SA, highlighting the attractiveness of Vodafone's assets in the telecommunications market. The ongoing corporate maneuvers suggest a dynamic landscape for Vodafone, with potential strategic changes that could unlock significant value for shareholders.
In a strategic move to bolster its leadership, Vodafone has announced the appointment of Hatem Dowidar as a non-executive director, effective February 19. This appointment follows the firm's partnership with e& (Emirates Telecommunications Group) last May. Dowidar's extensive experience in the telecommunications industry, coupled with his senior roles in companies across the Middle East, Africa, and Europe, is expected to enhance Vodafone's strategic positioning and strengthen its partnership portfolio.
My short term Price Target is $10.30.
Potential Takeover at $15 - $20
BNGA: Banking's Bullish Outlook May PersistsHi Fellow Traders!
The current trend indicates a bullish continuation pattern , characterized by the price making new highs and new lows. Following this, there is a significant breakout from the falling wedge pattern, accompanied by substantial trading volumes and the appearance of a bullish marubozu candlestick. Additionally, the Stochastic has also formed a golden cross in the oversold area, indicating the potential for an upward movement in BNGA. Through a comprehensive analysis of these technical factors, it is reasonable to conclude that BNGA is well-positioned to sustain its upward momentum and advance toward the target area.
It is essential to note that the analysis will no longer hold validity once the target/support area is reached.
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Disclaimer:
"Please note that this analysis is solely for educational purposes and should not be considered as a recommendation to take a long or short position on
IDX:BNGA ."
IBM - The Forgotten StockHello Traders, welcome to today's analysis of International Business Machines.
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Explanation of my video analysis:
All the way back in 2012 IBM created a major top formation by breaking below strong support at $180 and we saw a significant decline in stock price from there. After we then saw a reversal and a breakout in 2022, IBM is certainly back to a bullish market. I am now waiting for a retest of the breakout level mentioned in the analysis to then look for long continuation setups.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.