Turnaround
DENTUSDT added some to my positionI added some to my long position on 11000 is it turning around for some profits? ahh well i keep it longterm
# I am not a financial advisor, i do this for fun :) Trade at your own risk, remember ALOT of people lose their money.
NOC bounce in progressThe Setup
Northrop Grumman has made a support trend line since 2013, and it now looks to be bouncing from that line after approaching it Friday. NOC also has support at 287 from recent lows. More importantly, NOC has a positive news catalyst after announcing a $2 billion buyback program this morning.
Value
NOC is a pretty compelling value. I estimate forward P/E at 11 and forward P/S at 1.25, pretty good for a company with earnings growth. Sales are growing about 3% per year and earnings about 4% per year. NOC also offers a dividend yield over 2% and growing at a rate of 3% per year. It has 3 patens per billion dollars of market cap, which isn't an extraordinary amount of patents, but it's enough to show that the company is innovating. Perhaps most compelling metric is that NOC has about 41% upside to its median valuation of the past 4 years.
Sentiment
Sentiment on NOC is mixed, with an average 72.25/100 score from S&P Global, but only a middling analyst summary score and ESG rating. Recent earnings revisions have been mixed, and TradingView's technical analysis shows "Strong Sell" on the daily and "Sell" on the weekly. Options interest has been positive, with both open interest and 30-day average volume in bullish territory. The most impressive sentiment metric is the average analyst price target, some 35% above the current price. Although sentiment isn't yet clearly bullish, I believe that it will soon shift in a bullish direction in response to news of the buyback program. My plan is to front-run the change in sentiment, though another possible strategy is to enter on a bullish breakout above the recent resistance trend line.
Price Target
I think a reasonable near-term price target is $340/share.
Have we seen the bottom?There was a substantial upward trend between 1942 and 1981 in the 10 years Us treasury notes. After that, a declining has been ongoing for 39 years. This cycle is getting to its end, and I can imagine that we had already seen the bottom of it in 2020, I think this despite the fact that the falling trend has not yet broken.
Ok I know, now I am visioning a change of regime or a change of paradigm, but today's circumstance could create such a change.
So I don't know if there will be moderate inflation or hyperinflation or something like that, but the 10year Us treasury notes should break out of this falling channel and after that, even the rising could accelerate.
What should traders do if they would like to protect themself from inflation? For me short the bond market!
Now I start to see the market very closely and searching for a good us bond market short ETF and getting involved in this market step by step.
I don't know whether I am right, maybe just 2 or 3 years will come to this change(especially because the FED announced that they won't change this rate policy until 2023). But be aware that because if the time will come and you are not prepared then your money will be burned.
I have just thought that I will share my vision of the next extremely adventurous years, and I am very curious about your vision and your solution
Thank you for your attention!
Take OffVaccinating is go-ahead and British are one of the leaders. If everything goes well then England will be opened first and this view makes me the thing that British stock will rebound first and better.
Here is one of them. The IAG(Internationa Consolidation Airlines) is getting better by higher highs from low of Oktober. The consolidation from November seems optimistic and the exploration should come after the narrowing. I expect to see a huge upside momentum. We will see.
This forecast was created to support you, but you have to make your trading decisions independently! As nobody sees the future, I recommend you that always apply risk management during your trading!
British stand up first!?Vaccinating is go-ahead and British are one of the leaders. If everything goes well then England will be opened first and this view makes me the thing that British stock will rebound first and better.
Here is one of them. The Cineworld is getting better by higher highs from low of Oktober. The consolidation from November seems optimistic and the exploration should come after the narrowing. I expect to see a huge upside momentum. We will see.
This forecast was created to support you, but you have to make your trading decisions independently! As nobody sees the future, I recommend you that always apply risk management during your trading!
IAR Systems Recovery potentialIAR Systems is among the stocks which hasnt recovered after the COVID19 sell off in Feb/march 2020.
There seems to be a strong support for the short-term upwards trend to break the long-term downward trend.
RSI is medium, but will be rising due to the increasing positive volume.
First resistance to overcome is 151 (target 1), second resistance is 170 (target 2).
First support 135 (stoploss should be 128-135, as it is stock with lower market cap).
Yet, be aware, that 50 days avg < 200 days avg, whereby the stock is still bearish in traditional terms.
Long position entered at 142.1 SEK
Houston, we DON’T have a problem! 🚀I repeat, we have NO problem! Although being in a downward movement currently, the curve has entered the designated area in which we expect it to change its direction. Before we only get back $1.20505 for each Euro we invest, the price will, according to our analysis, turn around and further go up beyond $1.23. Previously, our calculated „turnaround zones“ turned out to be accurate and we are confident with this one, either.
Are you ready for take-off? 👩🏾🚀
Revived USD!?After a long falling maybe the USD will be stronger and stronger!?
Today juncture is a good chance for that:
In the fifth wave beside a strong MACD divergence.
Turn from the middle of the falling channel.
Good candlestick pattern(it depends on today closing)
2 month distribution completed in Lowe's; bear move has begun!- I am seeing a 2 month long distribution phase in Lowe's, after which the stock has rolled over.
- I am predicting a very sharp move down in the month of December with the first target being the 130 demand zone and the 2nd target being the 100 demand zone.
- the 100 level is also showing support as the key trend line from the start of this bull market comes in at that level
Appreciate your constructive feedback !
ArcticZymes turnaround & firing on all cylindersThe Turnaround of ArcticZymes is now definitive. For the second quarter we see impressive growth and the company is firing on all cylinders. Opex (cost) going down while earnings as well as profits surge.
ArcticZymes Q2 report
Sales of NOK 44.3 million (16.9) +262%
EBITDA of NOK 27.2 million (-0.5)
Cash-flow for the Q2 was NOK 20.4 million (-6.8)
Cash at hand NOK 56,1 million
Gross margin 90%
CEO Jethro Holter says in the earnings call: "The main growth driver has been sales of the Salt Active Nuclease (SAN) products to the therapeutics segment. The SAN products continue to attract new customers who are developing gene therapies and vaccines. Furthermore, our well-established customers are regularly submitting substantially larger orders as they advance their development programs."
Full report
pdf here: newsweb.oslobors.no
text: newsweb.oslobors.no
Break or not to breakOnce upon a time, there was a great recession in 2008 and from there the USD is continuously strengthening in the red channel. This is a 12-year declining channel. The upper line of the channel has been approached again(1.18 - 1.20). This is the fifth time in this period of time and this is a very strong resistance zone
The question is "break or not to break". The time will tell..... but in my Elliott perspective I waiting for a turning down and gear up in the third wave to reach the double bottom around 0.8. I supposed I am very unconventional, the forecast a very bad picture of the future and very debatable but this is the technical situation.
What happened if my view is wrong then the EURUSD will go through 1.20 and reach 1.25. There will be a big stop and a backtest of the break out which will create a good buying opportunity. I can accept this scenario, but let's see the evidence before buying because the euro chance is weak around the resistance.
wish you a good wave and the market commit to you!
NAV/BTC Headed for a Bullish TurnaroundNAV/BTC is at an interesting point
Price seems to have found support at the 100 ema (gray) line and has started retracing back up.
Bullish signals (1D timeframe):
- Moving averages: if 10ema (purple line) doesnt crossover the 50 ema (gold) line but retraces back up, then its a bullish ride
- RSI: index is at 46 but is on the rise up, which shows increasing buying pressure.
- Volume: Bullish volume is on the increase
Price projection: Price can rebound to 0.00001576 (19.6% profits)
This is just a trading idea, its not a trade advice....
If you like my ideas, dont forget to like...
Follow me as well
Reopening and Turnaround?The enthusiasm is enormous but last days volume were getting lower. In a bull market, the volume should be expanding not contracting. This is compatible with a bear-market rally.
So the today's high could be the rising correction end? and coming new lows?
Here is the REVERSAL in OIL??It's a very aggressive manner to forecast that here is the turning point, but here is a good possibility.
So I expect a huge bull in oil from here and it's very important not to move below 10.26!!!
In this wave's target could be around 30 - 40$.
If the oil is not able to move above 16.50 and fall below 10.26 then new low will come!!
BBBY - overreaction creates opporunity?NASDAQ:BBBY price is destroyed this morning, based on some ugly sales numbers for the chain.
However, stock was more than punished for all the problems in recent years. So key question is whether future turnaround would be succesful?
If it is, now might be actually good time to buy, and technical picture potentially supports it. If inverted H&S would be formed, price should bottom not far from current levels, I am entering.
A great turn around story that is just now getting noticed!TD is a small construction and engineering player in Portugal that has been burdened by high debt levels used to acquire real estate in the country. Over the years the company has been able to succesfully deleverage and is now reaching the point where it will be able to monetize a significant part of the investments made over the years as the real estate market is at all time highs. Highly suggest a closer look!
Technically, if able to cross the 17cts level I could easily see it reaching 25cts over the first halg of year driven by the release of 2019's results and lickely dividend distribution or sales guidance.
$M Is On The Verge Of A Breakout$M has caught our eye. The stock does have more work to do, but it is on the verge of a breakout. We need to get above $18 to confirm, but we also believe that the lows of $14.11 are in. We believe investors and funds are going to start banking on a $M turnaround. Here's the latest news on the $M turnaround.
Macy’s plans to shutter 125 department stores over the next three years.
It is cutting about 2,000 corporate jobs.
Macy’s offers fresh three-year financial targets ahead of a meeting with investors.
Macy’s said it plans to exit weaker shopping malls, and instead shift its focus toward opening smaller-format stores in strip centers. Macy’s has shuttered more than 100 stores since 2015.
Macy’s is calling 2020 a “transition year” and says it expects same-store sales to be negative, “due to the trajectory of the business over the past six months.”
Macy’s said Tuesday it expects revenues in fiscal 2020 to fall because of store closures. It is calling for net sales to be within a range of $23.6 billion to $23.9 billion, with same-store sales, on an owned plus licensed basis, dropping 1.5% to 2.5%. Analysts had been calling for net sales of $24.36 billion, according to a poll by Refinitiv.
While it hasn’t yet reported fourth-quarter and full-year earnings for 2019, Macy’s shared preliminary results ahead of its investor meeting.
Net sales for the fourth quarter, which includes the latest holiday season, are expected to be $8.3 billion, while net sales for fiscal 2019 are expected to be $24.5 billion, Macy’s said. It added it anticipates full-year earnings per share to be near the high-end of a prior outlook, of $2.57 to $2.77.
Here are some stats we like:
28% of the float is short
$M trading 7x 2020 earnings, 0.22x sales, and 0.89x book.
Lastly, we like M$ stores. We shop at $M stores and we do think others do as well. We don't see them going out of business.
As always, use protective stops and trade with caution.
Good luck to all!
Coty - finally, some progressDid not fully work as planned on first recommendation, as price continued to consolidate in what appears as major bullish flag. But today on earnings release, we finally got strong follow through.
Still needs to clear resistances ahead, but overall looks promising as a major turnaround play this year.
Possible turn around for Columbus - Long PositionDanish Midcap IT firm Columbus normally avoids public radar, which might allow some upside here.
Considering the past 6 months' development, I don't believe the major price fall is completely justified and I believe a turn around is possible.
The recent development in the stock price shows strong support in 8.70 DKK, whereby this might be a long term bottom and hereafter support for positive development. During December increasing volumes have shown, while weekly RSI is still low despite increases.
When comparing P/S Ratio and P/E ratio to local (larger) danish peers (Columbus=green), Columbus is strongly underpriced considering their Q3 YTD.
I will go long when the price is 9.50-9.60
Stoploss 9.25
Target A 10.54 (1st possible strong resistance level )
Target B 11.60 (2nd possible strong resistance level )
TargetEveryone - Buy if over 1kr - köprekWe have seen a downgoing trend for a long time, with a clear roof. If we are to break this roof (with all the new orders, the modifications within the company etc.) there is a great chance of moving up.
If momentum raises and more orders drop in, I see no resistance until 1,5kr.
This is just my thoughts, please drop some comments or make your own analysis.
ATGN - great Acquisition / and better tech than FIVNATGN just acquired Workspace Communications which we view as a great acquisition that’s accretive and has been derisked.
Altigen is now working with RBBN
Altigen is still the only profitable UC co in the space.
While FIVN “talks” about integration w MSFT, in some recent press releases - do some homework and you’ll find out it’s really Altigen that’s ahead - hint ask FIVN if they are on the Azure platform for MSFT teams. Think about what this company could do if they focused on growth vs profitability, Not that I’m in support of it, but it’s only a matter of time before it gets recognized. The big players can buy a profitable co w a great msft technology edge for next to nothing. Teams is finally starting to pick up which will open up the spicket for Altigen.
KROGER(KR) - Does this make for a good large cap buy?This time we have strong fundamental analysis that supports an upcoming bull run. KR's earnings report came out a couple days ago and were 31.72% greater than expected! However, stronger evidence on the technical side is needed to convince me of a good buy. I'll wait on bullish confirmation from the 12 period EMA and evidence of a turnaround from the MACD.
