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Luckin Coffee: A Promising Company Likely to See Major Upside Welcome to PrimeXBT ’s professional analysis of the stock prices of Luckin Coffee Inc. which is a chain of coffee shops. Fundamental Analysis and News: Often labeled the Starbucks (NASDAQ:) of China, Luckin Coffee (NASDAQ:) had a strong 2019 thanks to large unit expansion, huge revenue growth, and significant margin improvements. Fortunately, all of those things will continue in 2020. Luckin Coffee went from 2,000 to 4,500 coffee stores in 2019, and new management projects are set to hit 10,000 stores by 2021, so robust unit expansion will stick around in 2020. At the same time, each of those stores will experience huge comparable sales growth, backed by China's young consumers' love toward coffee consumption. Furthermore, all of this growth will come at a time when expense growth rates should lessen as the company's rate of expansion slows, so profit margins should meaningfully improve and losses should shrink. In other words, 2020 will be an extension of 2019 in terms of the company sustaining big growth. As such, bulls will remain in control, and LK stock will continue to move higher. Technical Analysis: Luckin Coffee Inc. holds buy signals from both fundamental and technical analysis. Some negative signals were issued as well, and these may have some influence on near-term development. The Relative Strength Index on the LK chart, for example, is flashing signs of bearish divergence. Its price's reached the resistance line of the ascending channel. On downwards corrections, there will be some support that’s coming from uptrend line and 23.6% Fibonacci — which is one of its major support levels. Resistance Level: $46.8 Support Levels: $44.4, 41.5, 38.5, 33.3, 28.65 Volume: 29.515M Day's Range: 41.61 — 45.73 Market Cap: 10 B As always, be careful, and don't forget about capital & risk management. Stay tuned for future technical analysis, news, updates, and more from PrimeXBT .
LLong
by UnknownUnicorn3931771
7
Will McDonalds continiue it's uptrendHi Traders On the weekly timeframe The Hitman Indicator showed a Buy Print last week. Let's check what could happen the next few weeks with this stock. As you can see on the chart, the stock seems to jump off the area around EMA55 (the pink line) in its upward swings. The Hitman supports this with a buy-signal. So where could we expect it to go? To try to answer this question, I drew a Trend Based Fib Extension. I usually target the 1.272 line (Price: 229.80) with the Fib Extension. This would be roughly a 12% gain. I would also consider to take some profits out at the 1-line (Price: 218.77), just because we are in All-time high regions.
NYSE:MCDLong
by TheHitman
2
Comcast Corp buy opportunities with new monthly demand levelsOn Comcast Corp american stock #CMCSA we have a clear monthly uptrend with new demand levels being created while breaking all time highs. In an uptrend with demand levels being created and respected, no shorts are allowed, only buying the underlying stock at new demand imbalances. This is a longer term analysis for Comcast Corp, you can use lower timeframes to take a trade on this stock. By taking into consideration the long term big picture trend, we will be adding more odds when buying Comcast. Two monthly demand imbalances have been created around $42 and $36 per share, price did not retrace to strong demand level at $36 but it did retrace to the imbalance at $42.
NASDAQ:CMCSALong
by AlfonsoMoreno
2
GE at key W resistance | Opp. for shortGeneral Electric has reached a key daily and weekly resistance. It has already re-tested this resistance and I would like to use it as an opportunity. Now, if the price will have really weakness it should drop and filled a market gap at $9.70 which would be also our target. If there will be no strength in our resistance I will immediately cut this trade, because overall this stock looks very strong in the short term. Take this idea as some relief to take more longs at $9-10 levels.
NYSE:GEShort
by UnknownUnicorn6034472
GLOBAL FINANCIAL ENGINEERING SWING TRADING STRATEGY FOR WUOur Proprietary Trading System indicates the following: The Primary Trend (PT) given by the Global Monthly TIME BAR (GMTB) is currently Bullish The Secondary Trend (ST), given by the Global Weekly TIME BAR (GWTB) is currently Bullish The Medium Term Trend (MTT), given by the Global Daily TIME BAR (GDTB) is currently Bullish The Short Term Trend (STT), given by the Global Four Hour TIME BAR (GFHTB) is currently Bullish In light of the above trend analysis we will execute a bullish trade on Western Union Global Entry Signal For Trade #1: Buy @ $20.35 Global Trailing Stop Loss Trade #1: @ $18.88 Global Target Profit Trade #1 : @ $35.00 Global Trade Management Strategy: We applied the Global Trailing Stop System for Global Trading Strategy #3. Check updates --------- The analysis in this material is provided for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities , currencies, or other instruments, those references do not constitute a recommendation by Global Financial Engineering,Inc. to buy, sell or hold such investments. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice. --------------------------------
NYSE:WULong
by globalfinancialengineering
MasterCard (MA) Establishes a New All-Time HighHello traders! Welcome to PrimeXBT’s technical analysis of MasterCard’s stock, the multinational financial services corporation that has been demanding investor’s attention. Fundamental Analysis / News: Recently, MasterCard (NYSE:MA) climbed +0.87% after-hours after increasing its quarterly dividend to $0.40/share from $0.33/share and authorizing the repurchase of as much as $8B of Class A common stock. MA says the new buyback plan will take effect at the conclusion of the current $6.5B repurchase program, which has ~$300M remaining under its authorization. Technical Analysis: At the end of last week, MA's stock price broke through the previous historical all-time high level. If the price breaks this psychological resistance level, a continuation of the uptrend will be confirmed and we’ll have to search for new buying opportunities based on the same level. Overall, it is expected that in the short-term the market price will gradually drop to its current support zones before building enough momentum to set another record high. Support zone #1: $292.30-293.60 Support zone #2: $280.30-282.20. Psychological resistance level: $300 Market Cap: $299.469B We only offer you the most valuable analysis each day. Stay tuned for more infographics, analytics, reviews, summaries, and more!
NYSE:MALong
by UnknownUnicorn3931771
2
Expedia group stock supply and demand analysisEver wondered how to trade stocks without using any kind of indicators, fundamental analysis or volume analysis? You don’t need any special tools to learn how to trade stocks. As a beginner, it shouldn’t be that difficult to place a high probability trade on stocks, you don’t need a university career either. When trading stocks using a supply and demand strategy, you don’t need to pay attention to anything else but price action and the strength of the imbalance. How to trade Expedia Group stock using a supply and demand strategy On Expedia Group american stock #EXPE we have located a super strong supply imbalance around $135 per share. That’s the kind of imbalance we are looking for and where we are interested in selling Expedia Group stock. You don’t need to pay attention to fundamentals or earnings announcements, why should we? Clear short bias on Expedia Group, price action analysis is also telling us that selling is the way, but not now, we need to wait for the retracement.
NASDAQ:EXPEShort
by AlfonsoMoreno
2
This Looks Like A Seller's Rally Built On Quicksand We have a truly massive bearish divergence on both the weekly RSI and Ultimate Oscillator for the S & P 500. Marked on this chart are moments where SPY broke its all-time-high and confirmed further upside without a divergence (yellow). In pink, I also marked where SPY printed a failed breakout and entered bearish territory shortly thereafter. While I think we COULD have a bit more upside, I think this is a great opportunity for people to exit the stock market before things get potentially pretty awful. It could drop next week. It could happen in two weeks, three weeks, several months even. All I can see is that there is a LOT of downside risk here, and the bearish divergence usually didn't take too long to play out in the past. Potential support/liquidity zones for the coming decade are marked in magenta. I also have been posting about how price action in the Dow Jones is perfectly mirroring what led up to the 1929 stock market crash. So yes, I think SPY can get back to the 400-700 range. However, a bear market of this magnitude would only become more likely if we breach the low from December, 2018 and then fail to hold the important 1500 range as well (resistance from the 2000's). The monthly chart looks just as bad, with the divergences even MORE pronounced. It shows that we easily have downside at least towards the 1600 area, and the 200 month moving average. What's really interesting about the monthly chart, is that we haven't seen a positive correlation between the oscillators and price since 2012! You can see the anomaly here, where the oscillators started looking bearish even in 2014. This could tell us that the entire rally from the last 5 years didn't have much strength behind it. No one is benefitting from this stock market rise. The everyday person isn't even happy about it. I see it on their faces every day. Why? Because they're still making the same amount of money that they did decades ago and paying more taxes, while the wealthy continue to be the sole beneficiaries of this endless bull market. Meanwhile, the barriers to entry for landing a decent-paying job keep getting more oppressive: the cost of a college degree, the racial wealth gap, workers getting replaced by technology...I'm pretty sure most people see that there's something wrong with this. You can feel it in the air. There's a lot of turbulence. Civil unrest is on the rise globally, and I don't think it's unlikely that it will spread to the United States. I think the real reason why people have been waiting for a market correction is because deep down they want it to happen. They know that something needs to be shaken up, because positive change cannot occur as long as the greedy people who are in power are comfortable. Change will occur when even those at the top start to tremble in their boots from fear and loneliness. What's sad is that the stock market was initially meant to represent universal prosperity; if stocks are doing well, then the whole nation is doing well! Everyone can own a piece of the pie and benefit from our shared growth! Instead, what we're seeing now is an evaporating middle class, where the majority of the nation is NOT doing well. It's like a lovely mansion built on a termite infestation that everyone somehow chooses to ignore. I think some sort of financial restructuring is inevitable---some serious ground-up rebuilding. This will need to happen in order to face environmental problems as well. As we are now, we cannot efficiently tackle major issues. Will cryptocurrency valuations benefit from massive change? We have no idea. First we need to tackle the stock market delusion, so crypto may be left by the wayside at first. I think that once major media outlets stop believing in the endless stock market rally, then we would get real panic, and all the people who have been feeling uneasy will start to feel validated, but in a sick way. Then, perhaps we can unite and tackle these challenges. In an age of constant self-medicating and denial through smartphones and social media, people will need a lot to get them to take action, especially the people least affected by these problems. Alright, rant over. This is not financial advice. This is purely my opinion. -Victor Cobra
TVC:SPXShort
by VictorCobra
STNG Potential Long 5th Wave Swing Trading Opportunity 60minUsing our Elliott Wave Indicator Suite for the TradingView Platform we have identified a potential Long 5th Wave Swing Trading Opportunity for STNG on the 60 minute time frame . The 5th wave move in an elliottwave sequence is the highest probability move. The wave 4 pull back has found support in the red zone of our probability pullback zones, which represents an 75% probability that our automated 5th wave target zone, in blue on the chart, will be hit. We see yellow dots formed in the overbought zone on our special False Breakout Stochastic indicator, which signals strong Bullish momentum. When, during a wave 4 pullback, the stochastic pulls back against these false break out dots and crosses in the oversold zone, there is a high probability the stocks price action will resume the overall bullish trend . We also measure the wave 4 behaviour with our Elliottwave oscillator, which has pulled back within our pre-determined zone. So overall we have identified, using our Elliott Wave Indicator suite for TradingView, a high probability long swing trading opportunity on STNG , 60min Timeframe , with the following entry strategy: Long entry through $35.21 Stop Loss $34.14 Target $37 Giving a Risk to Reward of 1:1.6 Learn more about our Tradingview indicator suites by watching the video tours >>HERE<<
NYSE:STNGLong
by xBratSoftwareSolutions
Potential longer Term 5th Wave Long on $BRKR Using our Elliott Wave Indicator Suite we have identified a longer term 5th wave long using the weekly time frame for the BRKR Stock. The Wave 4 Pull back has found great support in our Amber Pullback zones, giving an 80% probability that price will hit our automated 5th Wave target zone (highlighted in blue on the chart). Entry Stop Loss and Target Prices easy to view on the chart The Wave 4 behaviour is also good where we measure our Elliott Wave Oscillator pullback within our 90/140% zone. We also see that the Wave 4 pulled back against our false breakout dots on our special stochastic. The False breakout dots denote a strong Bullish trend and so when a Wave 4 pulls back against these and cross in the opposing over sold zone, then there is a strong probability the stochastic will return to its overbought zone and strong Bullish Trend. This type of move on the weekly timeframe could take anywhere from 7 to 15 weeks, so this is a great investing opportunity. Find out more about our Elliott Wave Indicator Suite for TradingView >>>HERE<<<
NASDAQ:BRKRLong
by xBratSoftwareSolutions
TECK potential short Breakout after Double TopOur B.I.T.S (Breakout Intelligent Breakout Signals) Indicator for TradingView has a signal short on $TECK. We have completed a double top on the Daily timeframe and our automated short signal is below the recent low pivot. So we are combining a traditional duoble top short setup with our strong automated breakout signal from our indicator suite to go short TECK. Short Entry at $15.56 with Stop loss at 16.47, with the 4 target zones printed on the chart by our B.I.T.S indicator. Look to Swing this short trade over into next week, depending on momentum.
NYSE:TECKShort
by xBratSoftwareSolutions
Spotify buy opportunities created with new imbalance createdA very strong weekly demand imbalance has been created on the weekly timeframe around $117 per share for a long term buy opportunity on this stock. Currently we have a pretty strong weekly supply level that has gained control, buying Spotify stock is not possible now. Remember this is a long term analysis, short term and intraday stock trading is a different story but this can help you decide which bias you can trade on your stock trading strategy. When Spotify Technology #SPOT stock is analysed with the glasses of a supply and demand strategy, we can see that strong impulses and created providing new demand to lean on for long term buy opportunities.
NYSE:SPOT
by AlfonsoMoreno