Stocktrading
ORACLE Sell unless the Channel's top breaks.Oracle is on a correctional wave inside a larger parabolic trend.
As long as the price is inside the Channel Down (correction wave), sell and target the 1day MA100 at 106.85.
If the price crosses over the Channel Down, buy and target the 1.236 Fibonacci level at 130.50.
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JOHNSON & JOHNSON Buy opportunity.Johnson & Johnson is trading inside an Ascending Triangle pattern with the 1D technicals neutral (RSI = 49.652, MACD = -0.360, ADX = 36.021). The 1D MACD is close to making a Buy Cross so today's cross over the 1D MA50 is a first buy signal, that targets the 1D MA200 (TP = 165.00).
If the price crosses over the R1 (167.25) we will buy again targeting the R2 (TP = 181.15), which is exactly on the 2.0 Fibonacci extension level.
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WELLS FARGO: Important bullish breakout.Wells Fargo crossed on Friday over the HH trendline that was in effect since April 19th, invalidating it as a Resistance and instead giving form to a Channel Up pattern that is supported by the 1D MA50. The 1D technicals are bullish (RSI = 69.130, MACD = 0.870, ADX = 27.314) and even though the nearly overbought RSI will required a technical pullback in order to harmonize it, on the long term this Channel Up should test the R1, so we are bullish (TP = 48.85).
If the price crosses under the S1 (42.10), we will sell and target the S2 (TP = 40.35), where the HL trendline should also support on the long term.
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Agnc Investment Corp Price Prediction! To The Upside Here We Go!• Price Created The Bullish Continuation Pattern (Falling Wedge) Starting 2nd February 2023 Till 25th May 2023.
• While Creating This Pattern, The Price Reacted & Bounced Back From 0.786 Fibonacci Level 26th May 2023 Suggesting The Retracement Been Completed.
• 30th May 2023 The Price Broke The Falling Wedge Trendline Followed By Minor Correction On 1st June 2023.
• I Prefer To Enter It On 1st June 2023 Opening & Since Then Price Move Upwards & Reached Its Peak On 27th June 2023 Simultaneously Completed The Double Top Pattern Signalling/Hints A Potential Reversal To The Downwards. I Sees It As A Minor Correction Before The Price Goes Higher
• During The Downwards Movement, Price Reacted & Bounced Back From 0.618 Fibonacci Level. If You Entered On 6th July During The Retracement, Potential Gain Of 9.32% @ Usd 0.88 Been Achieved
• Now The Price Is Testing The Previous Double Top Pattern & Successfully Breaks It Only By A Shadow On 13th July 2023.
• Nevertheless, The Downside Risks Always Exists. Always Trade With A Proper Risk Management & Stop-Loss Intact.
Trading Strategy:
Entry At Usd 9.17 (1st June 2023 Opening Price)
Take Profit Price:
-Tp 1 : Usd 10.86 @ 18.54 % Of Potential Profit/Return
-Tp 2 : Usd 12.22 @ 33.26% Of Potential Profit/Return
Cut-Loss : Usd 8.57 @ 6.54 % Of Potential Losses
Entry At Usd (7th July 2023 Opening Price)
Take Profit Price:
-Tp 1: Usd 10.86 @ 15.01 % Of Potential Profit
-Tp 2: Usd 12.22 @ 29.18 % Of Potential Profit
Cut-Loss : Usd 9.05 @ 4.33% Of Potential Profit
-]Always Trade With Your Stop-Loss Intact!
-Trade At Your Own Risk (T.A.Y.O.R.)
Lets Continue To Monitor The Price Movements Together & Share Your Thought Below!
UNITED HEALTH On the 1D MA50 but only buy under this condition.United Health is having an incredible price jump today with the price hitting the 1D MA50 for the first time in one month and the 1D timeframe attempting to get out of its neutrality (RSI = 52.965, MACD = -5.780, ADX = 33.018). This state shows that we don't have a confirmed buy signal yet, that will only come if the 1D candle closes over the 1D MA50. If not, a pull back to the bottom of the ten month Channel Down.
The 1D RSI is also inside a Channel Down, a breakout there would also be a buy signal. So if the candle closes above the 1D MA50 we will buy and aim at the top of the Channel Down (TP = 512.50) expecting the whole rally to complete a +15% rise. If rejected we will buy near the bottom of the Channel Down and target again its top near the 0.786 Fibonacci leve (TP = 508.00). That is where the previous LH was formed.
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Morgan Stanley has formed inverted head and shoulders.Morgan Stanley - 30d expiry - We look to Buy at 83.75 (stop at 80.75)
Bespoke support is located at 83.00.
A bullish reverse Head and Shoulders has formed.
Further upside is expected although we prefer to set longs at our bespoke support levels at 83.00, resulting in improved risk/reward.
We look to buy dips.
A lower correction is expected.
Our profit targets will be 91.25 and 92.75
Resistance: 87.70 / 88.70 / 89.65
Support: 85.60 / 83.00 / 81.50
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7 points to check before investing in any companyStock picking is the core of value investing. Legends like Warren Buffet, Rakesh Jhunjhunwala, and Vijay Kedia are Masters of It.
In this post ,l will teach you how to analyze stocks like a professional.
Stock picking plays a pivotal role in identifying undervalued companies with significant growth
potential.
Here are 7 points to check before investing in any company.
Let’s start...
(Last one is the most important)
Business profile:
How does the company make money?
If the business profile doesn’t look attractive or money-making system is complex for you to
understand, you can stop looking into the company right away.
Always invest in companies whose business is easy to understand and within your circle of
competence.
Management and Promoters structure:
You want to invest in companies with good management who are focused on long-term growth. Look at the track record of current management. Look whether insiders are heavily buying into their own stock, it’s a great sign.
I have seen many promoters who are just dumping their shares to retailers and exiting. Avoid such companies.
Moat:
Just like strategy provides an edge in trading to a trader. A moat is a unique competitive advantage that a company has over its competitors.
Invest in clear market leaders with strong pricing power.
For eg:
e Titan in Jewelry
e BSE in stock exchange
Growth capital:
Good companies don’t require much capital to grow. Check their annual report and seeing which companies are growing in revenue and profits, but the increase in expenses are very less.
CAPEX/Sales and CAPEX/Operating Cash Flow are 2 great metrics to look at the capital efficiency of a company.
Capital usage:
The most important task for company management is to use the capital wisely.
We want a company that is re-investing in its business and buying their own shares. You want to invest in companies with a ROIC > 15%
Balance sheet & profitability:
Only invest in companies which are in good financial health. Don’t trust what their management is speaking , see their results in balance sheet.
We want companies with low debt, high cash flow & high gross margins.
Outlook:
This is most important. Good past records don't gurantee future growth. So it iss very important to invest in a company with a good outlook.
Seek companies which are active in a secular trend. Invest in the Future.
Renewable Energy, EV, Ecommerce, Digital Payment, Luxury Etc.
Palantir stock is within a weak range, with no clear direction!Palantir stock is within a weak range, with no clear direction!
This chart shows the weekly level candle chart of Palantir stock since its listing. The top to bottom golden section is superimposed in the figure. As shown in the figure, the high point of Palantir stock in February this year happened to be 1.382 in the golden section of the chart, and the recent high point hit the lowest point in May 2021! This indicates that the Palantir stock is still within a weak range, with no clear direction! In the future, we will use these two points as the basis for judging the strength of the Palantir stock. Above these two points, bulls are dominant, below these two points, bears are dominant, and between these two points, bulls and bears are in a state of competition!