Stockssignals
Nasdaq - Is it finally correcting?The minor support line which has seen the meteoric rise of the nasdaq since 2020, appears to be close to being broken.
The next major support line is some 39% lower than the current nasdaq price.
Will it reach this level, possibly not. However owners of stocks in the nasdaq should be wary that this drop could be possible and therefore I would not buy at this level and would consider reducing my position.
Costco May Witness A Big Jump After Earnings
Costco Wholesale COST is set to give its latest quarterly earnings report on Thursday after the closing bell, Costco will likely report an Earnings Per Share (EPS) of $2.61.
Costco bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
Last quarter the company beat EPS by $0.33, which was followed by a 3.31% increase in the share price the next day.
The stock is currently forming a potential continuation pattern (Symmetrical Triangle) to be confirmed by the violation of the $543.00 resistance point. After the pattern being confirmed supported by a probable earnings beant, the price will likely hit the pattern's minimum target around $572.00 point.
ACN stock performance seems as a safe investmentAccenture plc is an Irish company that continues to be a grow-based multinational professional services company that specializes in IT services and consulting with 569,000 employees, 231.68 B market cap
After reviewing the company's financial reports from (yahoo finance)
we can take an overview about the company performance in the last 3 years is rising straight
THE NET INCOME
5,906 B in 30/8/2021 +799 M +15.64 %
5,107 B in 30/8/2020 + 328 M +6.86 %
4,779 B in 30/8/2019 + 720 M +17.73 %
4,059 B in 2018
------------------------------------------
TOTAL ASSETS
43,176 B in 30/8/2021 + 6,098 B +16.44 %
37,078 B in 30/8/2020 +7,288 B +24.46 %
29,790 B in 30/8/2019 +5,341 B +21.84 %
24,449 B in 2018
------------------------------------------
TOTAL DEBT
3,506 B in 30/8/2021 + 0.021 B + 0.60 % 8.12% comparison by assets
3,485 B in 30/8/2020 + 3,462 B +15738.18 % 9.40 % comparison by assets
22,66 M in 30/8/2019 - 2.35 M -9.39 % 0.073 % comparison by assets
25,01 M in 2018
==================
Final result <<<
we have seen the net income of the company is constantly increasing making a positive sign for the investors, The total assets constantly increasing which increases the company power, For the debt, we have seen a huge increase in the 2020 year compared to the 2019 year. but in the end, the company will pay its debt easily
Previous results do not give guarantees for future results, but we can see that the company has successful management and is in continuous development.
ACN stock is a good buy stock right now
AMC Shares Can Continue To Rise: Pattern FormingTraders,
AMC shares stabilised and started to rise. The price is forming a good W pattern which means that it can go higher from the current level. For the bullish move, we can target the FCP zone.
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
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-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
Getting spicy!NVDA sold off after the split on July 20th but bulls were strong as the price stayed above the 21 ema. As we are approaching oversold levels, I expect a pop next week to test ATH
I would wait till we break 198.87 to buy calls and ride the calls to 208.75.
If we break with strong volume and close above 208.75 buy calls as the price will gravitate to 213.16 and eventually 227.04 which is my PT for the end of the 5th wave
As always enjoy my ideas
Possible ADY Long Position!ASX:ADY
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
SMP Strategy
Market Direction: Long Position
Chart time frame - Daily
Timeframe - 30 days
A – Activating Event
Market will meet support in zone @ current levels - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first Target 1 level @ 0.03
C - Fundamentals that may affect the pair
N/A
D - Trade Management
Entered @ .....
Stop Loss @ .....
Trailing Stop Loss@.....
Target 1 @ 0.03
Target 2 @ ....
Risk/Reward @ 1.4
Happy trading :)
Follow your Trading plan, Remain disciplined and Keep learning !!
Please Follow, Like,Comment & Follow :)
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Z25 BUY/LONG NOW READY! 1.20 TO 1.55 by SEPT 2021TICKER CODE: Z25
Company Name: YANLORD LAND
Industry: FINANCE. REAL ESTATE DEVELOPMENT
Position Proposed: BUY/LONG
Entry: 1.15-1.20 (NOW BUY READY)
1st Partial Take Profit: 1.55 (SEP 2021-NOV 2021)
2nd Partial Take Profit: 1.70 (EARLY 2022)
3rd Partial Take Profit: 1.95 (JUN 2022-AUG 2022)
4th Partial Take Profit: 2.60 (EARLY 2023)
Stop Loss: 0.95
Technical Analysis
1. On a Weekly Basis, a Potential Descending triangle may form,
which indicates a BUY to 1st-2nd Partial TP levels.
2. Flagpole + Falling wedge formation indicating a BUY position.
3. Inverse H&S formation indicating a BUY position.
4. Confluence between key levels, and diagonal levels indicating a BUY position.
-TRADERPROSIGNALS
OPTT BUY/LONG NOW READY! 2.30 to 2.40 by ARD DEC21TICKER CODE: OPTT
Company Name: OCEAN POWER TECHNOLOGIES, INC
Industry: US Stocks Producer Manufacturing Electrical Products
Position Proposed: BUY/LONG
Entry: 2.30-2.40
1st Partial Take Profit: 3.55-3.60
2nd Partial Take Profit: 4.10-4.15
3rd Partial Take Profit: 5.10-5.15 (~Dec 2021)
Stop Loss: 1.75-1.80
Technical Analysis
1. Descending wedge/Pennant (completed and broke out)
2. MEGAPHONE forming at a bigger time frame
3. 1st Partial Take Profit will be at next major structure level & Fibonacci retracement at 0.786
4. 2nd Partial Take Profit will be at the next major structure level & Fibonacci retracement at 0.618
5. 3rd Partial Take Profit will be at 100% of flag pole length
DISCA BUY/LONG NOW READY! 29.00-31.00 by End Aug 2021TICKER CODE: DISCA
Company Name: DISCOVERY, INC. - SERIES A
Industry: US Stocks Consumer Services Cable/Satellite TV
Position Proposed: BUY/LONG
Entry: NOW READY 30.20
1st Partial Take Profit: 39.85 - 40.00 (~Aug21)
2nd Partial Take Profit: 50.15 - 50.30 (~Sep21)
3rd Partial Take Profit: 69.45 - 69.60 (~Nov21)
NOTE THAT THE TIMELINE IS ONLY AN ESTIMATION
Stop Loss: 26.20
Technical Analysis
1. Falling wedge/pennant (Almost complete; waiting to breakout)
2. 1st Partial Take Profit is at the next resistance level; may experience some retracement
3. 2nd Partial Take Profit is at the next major structure level
4. 3rd Partial Take Profit is Fibonacci Retracement at 0.786 & also 100% of the pole length
AWX SGX SELL/SHORT to 2.00 (BUY ENTRY) UPDATETICKER CODE: AWX
Company Name: AEM
Industry: Singapore Stocks Industrial Services Engineering & Construction
Position Proposed: BUY
Buy Entry: NOT READY (2.00-2.20)
1st Partial Take Profit: 5.30 Early-Mid 2022)
2nd Partial Take Profit: 7.35(Early 2023)
Stop Loss: 1.90
Technical Analysis
1. Falling Wedge/Pennant Pattern (Potentially Forming)
2. Area of Confluence with Trendline and Horizontal Resistance Level (Key Level)
3. Fibonacci Retracement at 0.786 is at key market structure
4. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole
and also Channel Range (Trendline Resistance)
ATOS BIG BUY/LONG POTENTIAL 2.65 to 140.00 By Mid 2022!ICKER CODE: ATOS
Company Name: ATOSSA THERAPEUTICS, INC
Industry: US Stocks Health Technology Medical Specialties
Position Proposed: BUY
FOMO BUY ENTRY: NOW READY (4.00-5.20)
NEXT BUY ENTRY: (2,65 - 3.35)
1st Partial Take Profit: 140.00 (Mid 2022)
2nd Partial Take Profit: 200.00 (Mid 2024)
3RD Partial Take Profit: 320.00 (2027)
1st PARTIAL SHORT TERM TP: 30:200
2nd PARTIAL SHORT TERM TP: 140.00
Stop Loss: 3.00
Technical Analysis
1. FALLING WEDGE PATTERN (COMPLETED )
2. HEAD & SHOULDERS PATTERN (PARTIALLY COMPLETE)
2. Area of Confluence on EMA & structure level
4. Fibonacci Retracement at 0.618 OR 0.786
5. Safest Take Profit will land 80 % equivalent to the length of head and neckline
level 2 of Fibonacci Expansion Blue Zone
IVR BUY/LONG NOW READY! 3.5-3.65 by SEPTEMBER 2021TICKER CODE: IVR
Company Name: INVESCO MORTGAGE CAPITAL INC
Industry: US Stocks Finance Real Estate Investment Trusts
Position Proposed: BUY
BUY ENTRY: READY (4.00)
2nd BUY ENTRY: 3.5 - 3.65
1st Partial Take Profit: 7.00 (August-September 2021)
2nd Partial Take Profit: 10.00 (October-November 2021)
3RD Partial Take Profit: 15.00 (June-July 2022)
Stop Loss: 2.00
Technical Analysis
1. Bullish Pennant in 1H timeframe
2. Inverse Head and Shoulders (Forming Head)
3. Double Bottom
4. Safe Take Profit on Fibonacci Extension 1.0 Grey Zone
5. 2nd Partial Take Profit on Structure level and Fibonacci Extension 1.618
6. 3rd Partial Take Profit on Structure level and Fibonacci Extension level 2.618
Caution: If chart falls to 2.5-3.2, there may have sideward movements before shooting up.
FLGT BUY/LONG NOW READY! 66.00 to 152.00 by August 2021!TICKER CODE: FLGT
Company Name: FULGENT GENETICS, INC
Industry: US Stocks Health Services Medical/Nursing Services
Position Proposed: BUY (66.50-67.00)
BUY ENTRY: READY (66.50-67.00)
1st Partial Take Profit: 81.35 (July 2021)
2nd Partial Take Profit: 118.00 (End July 2021)
3RD Partial Take Profit: 152.00 (August 2021)
Stop Loss: 46.00
Technical Analysis
1. Falling Wedge PATTERN (PARTIALLY COMPLETED)
2. Area of Confluence on EMA & Trend line & Structure level
3. Fibonacci Retracement at 0.786
4. Safest Take Profit will land at next key structure level
5. 2nd Take Profit will land at the 2nd key structure
6. 3rd Take Profit Profit will land equivalent to the Flagpole length and at key structure level.
U77 SGX BUY/LONG NOW READY! 0.650 to 1.285 by 2023TICKER CODE: U77
Company Name: SARINE TECH
Industry: Singapore Stocks Electronic Technology Electronic Equipment/Instruments
Position Proposed: BUY
Entry: NOW READY (0.650-0.900)
1st Partial Take Profit: 1.285 (September 2023)
2nd Partial Take Profit: 1.945 (September 2024)
3rd Partial Take Profit: 3.060 (December 2027)
Stop Loss: 0.465
Technical Analysis
1. Large Inverted Head and Shoulders (Forming head)
2. Falling Wedge (Broke out of diagonal structure)
3. Double Bottom
4. Small Pennant Pattern Forming to Push about Key Structure
CALT BUY/LONG NOW READY! 31.00 to 39.45 by Aug 2021TICKER CODE: CALT
Company Name: CALLIDITAS THERAPEUTICS AB
US Stocks Health Technology Pharmaceuticals: Major
Position Proposed: BUY
BUY ENTRY: NOW READY (31.00)
1st Partial Take Profit: 39.45 (July - August 2021)
2nd Partial Take Profit: 47.80 (End 2021)
NOTE THAT THE TIMELINE IS ONLY AN ESTIMATION
Stop Loss: 27.15
Technical Analysis
1. Large Flagpole with Falling Wedge
2. Area of Confluence on EMA & structure level
3. Fibonacci Retracement at 0.786
4. 1st Partial Take Profit is at Fibonacci Extension Level 1 Grey Zone (Safe Zone)
1st Take Profit is also at the Flagpole Price Range
5. 2nd Partial Take Profit will be at level 2 of Fibonacci Expansion Blue Zone. - MAY NOT REACH
Note that the market has already BREAK AND RETESTED.
TXMD BUY/LONG NOW READY! 1.85 to 3.50 by End 2021 - Early 2022!TICKER CODE: TXMD
Company Name: THERAPEUTICSMD, INC
US Stocks Health Technology Pharmaceuticals: Generic
Position Proposed: BUY
BUY ENTRY: NOW READY (1.25)
1st Partial Take Profit: 1.85 (Aug-Sept 2021)
2nd Partial Take Profit: 3.50 (End 2021-Early 2022)
3rd Partial Take Profit: 3.95 (End 2021-Early 2022)
NOTE THAT THE TIMELINE IS ONLY AN ESTIMATION
Stop Loss: 1.05
Technical Analysis
1. LARGE INVERTED HEAD & SHOULDERS PATTERN (Forming 2nd Shoulder)
2. 1st Take Profit will be at the close of Head & Shoulders Pattern
3. 2nd Take Profit will be in the same price range as 80% of the Head Price Range
4. Symmetrical Mirror Pattern
5, On 3Months Timeframe there is a Perfect Double Bottom Setup
INFI BUY/LONG NOW READY! 3.00 to 8.35 by End 2021!TICKER CODE: INFI
Company Name: INFINITY PHARMACEUTICALS, INC
US Stocks Health Technology Biotechnology
Position Proposed: BUY
FOMO BUY ENTRY: NOW READY (3.30)
NEXT BUY ENTRY: (3.00)
1st Partial Take Profit: 6.20 (July - August 2021)
2nd Partial Take Profit: 8.35 (End 2021)
NOTE THAT THE TIMELINE IS ONLY AN ESTIMATION
Stop Loss: 2.55
Technical Analysis
1. LARGE INVERTED HEAD & SHOULDERS PATTERN (Forming 2nd Shoulder)
2. Area of Confluence on EMA & structure level
3. Fibonacci Retracement at 0.786
4. 1st Partial Take Profit is at Fibonacci Extension Level 1 Grey Zone (Safe Zone) - This take profit is also at Key Level
5. 2nd Partial Take Profit will be at level 2 of Fibonacci Expansion Blue Zone.
6. 2nd Take Profit will be in the same price range as the Flagpole as well as 80% of the Head Price Range
Note that there might NOT be a RETEST FOR A RE-BUY ENTRY