BAJAJ FINANCE DETAILED MACD ANALYSIS!! DISCOUNTED NIFTY 50 STOCKin this idea i will be explaining you the MACD analysis done by me. but firstly let me run you through the chart.
THE TREND LINES:
RED LINE: its the trend followed from past several years before the 2020 crash.
DARK BLACK LINE: it is drawn out from the market getting consolidated and from the bull rally post the corona's crash. its the actually trend which should be followed by the stock at present. this helps to determine how much is the stock discounted by.
BLUE LINE: this are the short term resistence followed by the stock.
EXPLAINING THE MACD ANALYSIS:
THE DARK GREEN sticks represents a bull momentum
THE LIGHT GREEN sticks represents the stock correcting, after having several dark green sticks
THE DARK RED sticks represents a bear momentum
THE LIGHT RED sticks represents the stock having an impulse move after the correction, and coming back to its original trend.
MACD ANALYSIS DONE IN DETAIL:
i have wrote down some numbers on MACD explaining my analysis(be with me till the end).
based on the numbers i will be writing the points:
NUMBER 1 REPRESENTS: the macd being always been in the green stick(light and dark), representing having a bull rally and a correction after it, but staying within the trend.
NUMBER 2&3 REPRESENTS: the 3 dark red sticks, showing the 2020 crash. now, since it has to be valued right, the minor red sticks showed an upward momentum to bring the stock again in its original trend.
NUMBER 4&5&6 REPRESENTS: the bull rally post the crash, and the correction followed by it. NUMBER 6 is also a major correction because of MAJOR FII STAKES SELLING.
NUMBER 7 REPRESENTS: a small momentum gained by stock after NIFTY 50 finished correcting, and had a bull rally(dated- 20th of June). and even including the stock split news. but this smal momentum had broken the blue trend line, showing a breakout, and a bullish sign. but from past 3-4 months the stock is following lower highs pattern, and it has sent to its previous red line trend. some possible reasons could be said, one of such could be current market conditions.
THE CIRCLED PART(in macd): but finally a red stick shown, had made me to think that instead of breaking the lower highs pattern, the stock is falling majorly, and reaching its greatest support of trend line(6560).
(average macd been followed by the stock was 90, and post corona it should be around 110.)
RSI:
the overall rsi indicator is slowly falling, showing that stock may not be moving as it was moving much before. but this can only be conformed seeing the sector growth.
WHAT AM I DOING: i will wait till the stock reaches bottom, and then start keeping a keen eye on its price movements, if its starts going up, i will make 3 positions 6560, 7300 and 8150(based on the patterns and trends). if falls, then cant tell, but one could then tell the stock is much undervalued. but this will pretty much not happen because NIFTY FIN SERV index, to needs to go up for a long. and same is for this stock.
THANK YOU FOR STAYING TILL LAST. I HOPE YOU LIKED MY ANALYSIS:)
Undervalued
Why PayPal ( $PYPL) is one of my TOP long call "position trades"Why I like PayPal PYPL
Back to 2017 levels, pretty much "recession proof" (give or take). It's almost God sent being down at these levels (undervalued/fair value). There are some strikes that are def. set up for nicely profitable positions if chosen correctly, common shares as well. Though I hid a lot of my indicators for a simple view, there is def. a divergence between price and RSI on both the Daily & Weekly, as well as the Monthly looking pretty bottomed out. I am pretty big into Harmonic patterns , but am not going to share my "secret sauce", at this current time.
I will continue to add to my position and average down (as planned) into further out strike dates. I as well will MOST LIKELY play the short term trends as well, but my overall goal is to see at least $115.00 with my "position trade" call contracts.
I typically leaves these "ideas" pretty brief on Trading View as I don't really have a BIG following on here
If you have any questions about my "idea" feel free to reach out!
(This is a repost as I had some community violations I was unaware about)
SOLANA undervalue areas for buyHi guys.
solana ecosystem record a high TVL in past month and have a potential to grow in coming months.
but we are in a downtrend now and altcoins loss their marketcap in this cycle.
after SOL reach strong resistance in 45$ react and go down again and cant support in 40 support level.
so we reach under this level and we have a good support in around 35$.
i think we will see a strong support in this level and a good area FOR BUY ONE STEP.
after that if we see demand signs we could buy another step or if not we buy a step in lower prices like 28 or 25$.
remember the ecosystem TVL growing and have a good potential too pump up after FOMC place its interest rate and market
eat it :)
Tellurian Daily Time Frame Analysis 5/10/22Todays wick shows good resistance off the 200ma. I am looking for a gap fill as shown on chart, especially with the anticipation that we hear good results on the consumer price index(CPI).
ALI BABA : SELL OR BUY ??The last time that the price was around 100 $ was at the IPO (2014) and then between AUG 2016- JAN 2017
TOTALL ASSET :
IPO(2014) : 41.27 B
2016: 73.55 B
2017: 114.01 B
2020: 257.86 B
2021 :276.25 B (UNTIL Q3)
GROSS PROFIT :
IPO(2014) : 8.12 B
2016: 14.05 B
2017: 20.66 B
2020: 42.09 B
2021: Q1 + Q2 +Q3 =37.25 + Q4(9.03)(IF WE CONSIDER SAME AZ Q4 OF 2020) = 46.28 B
P/E FORWARD = 7.40 !!!
P/S =2.12 !!!
P/CASH FLOW = 0.10
P/B = 1.79
RETURN ON ASSET = 3.86%
QUICK RATIO = 1.65
DEBT / ASSET RATIO = .08
All these items show the prices are not permanent.
Buy Modern Dental HK$3.4 Target Over HK$ 7.5Good Day Fellow investors!
When looking for a company that is
1. Globally Diversified
2. Highly undervalued from a free cash flow perspective
3. Has decent growth potential (Over 10%)
choices are limited! However Modern Dental does meet all of these criteria..
1. Revenues are globally diversified with about 35% coming from Europe 25% USA and 40% Remainder of the world including a larger and larger share coming from mainland china.
2. Trading at about a P/E Ratio of 9. EV/EBITDA about 6. Free Cash Flow yield of about 15%.
3. Growth outlook is great. Chinese revenue grew at a rapid pace over the past couple of years but the outlook is even better.
I am loking at this from a long term perspective and believe we can easily trade at HK$ 7.5 over the next coouple of years (And likely even sooner)
BNPL for 90%SOFI could be benefited for all the world caos, the BNPL model let the people a chance to buy thing now, an express credit when there is a liquidity crisis, improved performance, technically you can find different patterns that let you know how big this upside could be, we are oversold, we are pre IPO
TSLA is currently not a buy neither a sellTSLA volatility increased heavily since Oktober 2021, this makes it more worth for Daytrader but less for Investors.
Technically we are in a regression and we need to watch the mark $950 a lot. It seems we are creating a new channel between the two yellow lines, this means currently TSLA is overvalued at $950+ and undervalued at $750-.
But due the volatility this is only meaningful if we keep the channel, the situation can rapidly change if we break one of this lines, as I said, not a nice situation for long term Investors.
So keep on watch.
FUV MOST UNDERVALUED ASSET ON EARTHBounce from 4ish was almost a 2X. awesome trade for me. bought back the dip hard and this spread looks massive especially combined with news catalysts new factory new product and market stabilizing. This movement could be major IMO.
XRP - The Worst Is Behind Us As BTC has corrected it pulled the rest of the market with it, as expected of course. BTC dominance is still mostly the same which indicates that the at season is still to come. XRP has hold $0.50 coming down as low as 0.55. Not all of the alts has held summer lows, but that does not mean tha they are not in a bull run. XRP did hold summer lows however and that is what s most important here.
I expect btc to still re-test its lows so i have to have same expectations for XRP. Alts likely will not go anywhere before BTC starts to go into a retracement. Expect all this to start somewhere next week or so. We still have to work those lows a bit but after that XRP should explode with the rest of the alts that are THAT undervalued. We've been coiling up sooo long with the price that having expectation for the parabolic rise very soon is not an over exaggeration.
I am not a financial advisor so non of this should be taken as a financial advice.
BINANCE:XRPUSDT
Roblox looking good at these levelsHello Friends!
I’m liking Roblox here at these levels. The average analyst PT for 2022 is $105. IMO this is set up nicely for a short term trade and/or long term hold.
My price targets for the short term are…
#1: $71.90
#2: $77.82
#3: $85.96
Support price is $54
As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!
KADENA WILL ENTER PRICE DISCOVERY! UNDERVALUED PROJECTHello Traders!
Today we will consider the trading pair KDA/USDT
First-off, from a fundamental point of view, Kadena is a solid project with appealing Use Cases
Launching one of the world's first scalable ready for application,
Public braided blockchain,
Delivers Security & throughput, with a mission to unite public applications, private blockchains, and other interoperable blockchains in one place, driving traffic to the high-bandwith computer at the heartof the Kadena public blockchain.
Ohh, Forgot to mention it processes more transactions per second than solana. 480,000 transactions/second compared to Solana's 2,777 all thanks to it's braided chains.
Moving to the Technical Aspect of things, the chart above suggests Kadena is undervalued coupled with it's fundamentals.
Bullish Divergence formed complicated things, therefore we consider multiple scenarios if not all.
Currently in a large degre 5-way impulse move(orange), price action is yet to complete the 3rd wave.
3rd wave consisting of a smaller degree 5-way impulse move(blue) looks to be either in the 4th (correction) wave still, or on coure for it's 5th impulse wave to complete the larger-degree 3rd wave.
(Still holding it's ascending trendline, white pathway looks valid for the time being)
Highlighted are pathways price could follow, each following the rules of the wave count.
DCA zone/240(1) support is a good area to grab some irrespective of which scenario plays out.
Blue support zone down at the D4 support area(0.618 support) is the best place for large buys and to go long.
Green confluence zone is a take profit area with confluence irrespective of which scenario plays out,
Blue Resistance zone is Main target should wave 5 be much longer than wave 1.
Either way, Wave 3 looks to be the longest making this a Third Wave Extension.
CELR getting dirty with SupportLike LINKUSD, SOLUSD, ENJUSD, all trading within their bull market support bands, CELR is a first mover towards the upside too.
Continuing to put along in this accumulation zone between .06 and .09, it seems the whales have been fed and are ready to go home for a nap. With strong support at .092. Which aligns with the bottom of the bull market support bands -- 20w sma, 21w ema. There's good support growth between 0.08 and 0.06, unpleasant as it's been to get through it.
If CELR can hold these levels, ideally move up to market high resistance at 0.13, as BTC and ETH trade sideways or rise, we're gold. Moving towards liquidity at $0.11 seems like a good first step, ideally slicing through higher market ristance level at $0.13 and never slowing down. Always dreaming...
FIB Golden pocket on the downside is near .065. Not surprisingly, I can see a way where we are right at it's door. Same goes for Gann. A 0.65 CELR would be fibulous! ;)
There's been a lot of good days to buy these past months. Nothing lasts for ever...
Are you buyin' CELR?
DASH Waiting For Money To Flow In - 1100% Just To Its 2018 ATHDASH is one of those forgotten coins, or so it seems like. I remember being above 1k in 2018. Even though it has not had the chance for a rally yet, i believe it will happen eventually as there is a lot of money in BTC and ETH to be rotated out of into the laggers enclouding DASH. It has 1100% just to its previous ATH. I specifically turned on linear scale for you to see just how undervalued this asset is.
I am not a financial advisor so non of this shoud be taken as a financial advise. Be Well.
KRAKEN:DASHUSD
Omicron BUY alert!Buy anything that has a good price according to the companies value (look at price targets) and/or your own opinion. Plus your favourite companies and some of the very beaten down ones too, as long as they don't go out of business anyway! But that's obvious.
OK, tech is still overpriced, so the SPY could even correct back (or go sideways for long) while biotech, REITs or whatever that was undervalued so far - can go UP.
Real pandemic (science) or hyped plandemic (you have the right to believe anything) :D whichever you believe in, doesn't matter in this regard.
Sure, more and more cases, much faster spread...right? This is all good news though, as this new variant (Omicron) is more likely our real hope to get out of this whole Covid situation by "letting it" (figuratively speaking) spread so wide, almost everyone would get it, and that's the point, as this weak variant is much-much less likely to cause serious harm as the others we had before and so far. This way all, even the unvaccinated will develop immunity (even though some will die) and as a population in terms of survival... so, this is how we can most likely come out of the problem in the fastest way with the least casualties. This is math I'm talking about, so don't even try to go back to that fear mongering state of mind you see from the media.
This is the scientific consensus each time on that a virus is a very potent cr and it's goal is to spread and NOT to kill. And as it's very rapidly gaining in all aspects: it gets more transmissible and less harmful, finally becomes like the average flu! And that we already know and live together with for ages now! Case solved. Economy BACK.
Ted Bauman got me thinking when he was sharing data on S.Africa the other day and said "lots of cases, zero death of children" or something like this, but the implications of this cut my attention.
So, wake up everyone! We have a bright future!
PS: buy the ones that no one is interested in buying now. Like IVR, OBSV, HEXO, TXMD or even RSLS, WISH, oh and LMND is very good! Consider Lemonade, I wrote about them already. Plus even BABA in China is going to be OK and just fine in the future. And just so you know, I'm a BTC lover and a Tesla fan too. I liked IBM also, the same way in the 1999/2000 and 2001 period. And so on for an other 5-7 years (and ever since). Because they were the best, the top, that's it, end of story. Still, you understand now why it wasn't a good investment between 1999-2008 or so, I don't remember now exactly, but you get the idea. Yeah OK, history doesn't repeat itself. But often can rime! And with what Ted says, it could be a perfect harmony. (ha-ha plus he plays the guitar)
Technicals: look good too. Get yourself up and join one of the "Buy The Dip" crowds. According to what we learnt from David Frost, this is a buying area (for some stocks). But it's Your responsibility to determine for which ones.
Trade safe, but even better: invest.
Oh and change it to the 100 Day MA please!
$XBI - Fundamentally Undervalued, Strong Bounce Off Of SupportI posted the wrong chart when doing my analysis on this ticker last time, so I'm here to update my error!
This is a very interesting sector to keep an eye on after it's gotten relentlessly hammered for the past six months.
There are now over 100 biotech stocks selling below cash, meaning these companies literally have more cash on their balance sheet than their entire market cap! Furthermore, there are 300 additional biotech stocks selling at 1/2 cash (50% of their balance sheet is at least half of their current market cap).
There are an insane amount of bargains within this sector, and the entire sector is poised to make a reversal after a strong bounce off of support, and bullish engulfing candle on the daily.
I wouldn't be surprised to see this entire batch of stocks start to perform very well over the following months. A trip back to the 130s is almost inevitable.
Undervalued Stock Series #4 - Dicks Sporting Goods $DKSOn the fundamentals :
Their income last 5 years is positive, their revenue have grown last 5 years, their current asset > current liabilities and their Free Cash Flow can deal with their debts (i.e if they decided to pay off all of that debt, they could).
MOAT
Their revenue growth > competitors & industry's average
Their ROIC % > competitors & industry's average
VALUATION
Several valuations have suggested that the current price is on average +48% under the fair price.
On the technicals :
price is trading below the 100-200 EMA . The TSI shadow indicator still suggest we are still in a downtrend. As far as I am concerned, the lower the share price will go, the better. As long as the fundamentals still as it is now, I am happy the share price to go lower.
Price and RSI divergence occurred after price hits weekly low this week.
Price gap at $140 (Bullish Gap fills more than 90% of the time!)
If you don't care to time your entry using technical analysis and if you believe this company has a Wide Moat , you could argue $DKS is a buy right now with more than 35% potential upside especially after the 20+ % correction.
$XBI - Fundamentally Undervalued, Strong Bounce Off Of SupportThis is a very interesting sector to keep an eye on after it's gotten relentlessly hammered for the past six months.
There are now over 100 biotech stocks selling below cash, meaning these companies literally have more cash on their balance sheet than their entire market cap! Furthermore, there are 300 additional biotech stocks selling at 1/2 cash (50% of their balance sheet is at least half of their current market cap).
There are an insane amount of bargains within this sector, and the entire sector is poised to make a reversal after a strong bounce off of support, and bullish engulfing candle on the daily.
I wouldn't be surprised to see this entire batch of stocks start to perform very well over the following months. A trip back to the 130s is almost inevitable.