DERO possible upmove soonMy first post, so I am just testing ;) If you think it's worthwhile, press the like button!
Undervalued
Amazing self driving car technology buy opportunity You don’t want to miss out on this buy opportunity. Money will be funneling into this stock in the coming years. I believe this will be a large cap stock one day. This will provide over 100% returns in the mid-term. We are oversold on the stochastic and just touched the 200 day moving average. BUY BUY BUY 🖤
OGI Canadian Cannabis Gem Hop on the train quick today is offering some nice discounts on this undervalued stock. We will see $6-$8 in the next coming weeks/ months. Recently invested in by a tobacco company for about $173 million will allow them to expand their reach and will be getting into the CBD scene. Go luck y’all lmk what you guys think!
ASTI heavily discounted renewable energy stock I bought into this one after the election believing Joe potato head Biden would cause some parabolic movement. I picked up a few thousand shares for about .063 per share. Being now where it is I’m going to be buying another few thousand shares because we are way oversold on our stochastic and it’s undervalued. If the Democrats go through with their trash progressive energy reforms we may just be able to profit off of some of the tard legislation.
BAND Undervalued ? Ascending Triangle FormationBAND is another one of those coins that I feel is quite undervalued still, It is a cross chain data oracle for the web 3.
I see the importance and aim it takes for cross chain implementation is superior to LINK, especially with more ecosystems such as Binance Smart Chain, Huobi ECO, Polkadot, etc. The potential for BAND is much greater than LINK I believe.
With LINK sitting at a 17 Billion $ Market Cap, and BAND at a 500 MILLION $ Market Cap.
Even a 20x of Market Cap would have BAND sitting at a 10 Billion $ MC, meaning a price of almost 400$. Fundamentally speaking this is one of the coins I suggest having in your portfolio if anything, for the MID-LONG term.
Technical analysis side shows BAND following an ascending triangle pattern on the 1D chart, It is about break above the 20$ resistance level which has acted as resistance previously (two red arrows indicating it).
Maybe a scenario displayed by the blue path line could be the playout in the short term potentially (could play out much earlier though with current market sentiment), ideally I would like to see a break above the 20$ resistance and a run up to 25$ - 30$, before it comes back down to confirm a S/R flip.
Thanks for reading!
XRP We Might Even Go ParabolicAfter we break above blue resistence line from where we got rejected two time already. At that point I honestly believe we could just go parabolic after a complete brake through and maybe a retest of that line. It is a pure speculation but we have to take such price movements into a consideration as XRP price is well undervalued for more than 3 months now.
All the weak hands are shaken out at this point, also sec lawsuit has been much more explained in detail by now, that it does not effect current xrp sales, only sales of xrp that have been done by Ripple between 2012-13 so that is another reason why go parabolic in the next few days/weeks as exchanges will start to relist it.
Price could react as it reaches to 0.618 and 0.786 fib. retracement level, which could get back tested once again.
I am not a financial advisor so don't buy anything that a say.
BITSTAMP:XRPUSD
🔥 EOS Severely Undervalued: Weekly AnalysisAfter the Corona Crisis in March 2020 around 80% of crypto value evaporated in a two week time span. After the massive dip, retail- and institutional investors alike started to buy crypto (and other assets) with everything they had, which brings us to today.
Nearly every crypto has at least done a x10 in the past year, some even a x150 or more. Even Bitcoin, the largest of them all, has made a x20 from its March 2020 lows. Every crypto mooned, apart from one.
EOS has only gained 200% since its lows from the Corona Crisis, which makes it one of the worst performing large cap cryptos, lagging severely behind the rest of the market.
Why would now be a good time to step in? The resistance from right before the Corona Crisis got broken today, giving EOS a lot of bullish momentum. For reference, for Bitcoin this resistance was located at 10.5k and broke last July. BTC went x6 since then.
Be aware this is a long term trade, especially the further targets might take a while to reach.
Buy: 5.7 - 4.7
Target: 8.7 - 10 - 14.5
Stop: 4
Happy trading!
ATFL- Rekha Jhunjhunwala Portfolio Stock.Hie, In this portfolio specific series, we talk about some stock which top Indian investors hold.
In the limelight today we have Rekha jhunjhunwala. Her net worth is over Rs . 3,861.1 Cr .
She is the co-owner of the company 'RARE Enterprises' with her husband Rakesh jhunjhunwala. The name of the company is derived from the initials of the joint owners,'Ra' from Rakesh and 'Re' for Rekha. It seems like the company name is the only place where is she given equal opportunity of merit whereas on Google and Wikipedia they have not given her any digital space of her own. I guess history will see down, yet another mysterious woman whose story could have benefited thousands if not millions, go undiscovered and unexplored. Holding% - 3.28%
Agro Tech Foods Ltd. is a holding company, which engages in the provision of edible oils and processed food products. It offers products under the following brands: Sundrop Oils, ACT II Popcorn, Sundrop Peanut Butter, Crystal, ACT II Nachoz, ACT II Bakes, Sundrops Pnutz, and Diet Pop.
*Company with Zero Promoter Pledge
*Book Value per share Improving for last 2 years
*MFs decreased their shareholding last quarter
*Inefficient use of shareholder funds - ROE declining in the last 2 years
for more you can check the stock out on trendlyne.com/fundamentals/financials/125/ATFL/agro-tech-foods-ltd/
Sources credit:
Trendlyne
INDICATORS USED:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) Valuation Band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV , in no way it is a buy-sell recommendation. Hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
ZKIN to Attack all time high!ZKIN, a pretty unknown stock as I would consider has made over 600% gains since my first bullish analysis at $2 per share, as now it's being trade above $12 per share!
ZKIN, a stock that has few days ago traded in Dollar value higher than:
- Walmart
- Starbucks
- McDonalds
- Ford Motors
- Coca Cola
- Twitter
and all major Covid vaccination companies!
Also, this company has currently gotten into NFT's recently as it's connected with blockchain.
From a technical perspective, the price action has formed an ascending triangle which has bias to break to the upside, potentially retesting the all time high at $16 per share!
MACD however is pretty overextended and is pointing towards a correction to 20 EMA to $10 before a move to bespoke resistance at $16.
The price can fall slightly below $9.00 without impacting the overall uptrend, where 50 EMA with uptrend line support are both located.
My outlook is bullish with no technical reason for a trend change!
Good luck!
You asked, and here is my thoughts about wtf just happend.. XD! So someone asked me if I believed bitcoin might go down .... Naaaah... not in a bearish trend ... It might fall a bit sure, but the trend still wants to go up ..
What is happening imo... is a lack of momentum .. which makes this weird situation... which I do think is just a false breakout :)
Bitcoin is overally when you look at the Stochastic Oscillator undervalued, so still a good time to buy in :)
Cardinal Health working on breaking through resistanceCardinal health is currently sitting at a resistance level that held from 2000-2013. From 2014-2018 it traded above this resistance level, but in 2018 it dropped back below it. For the last two years, the stock has been trying to break through this level, but has been rejected roughly 19 times. Thanks to trend line support, we're coming toward a decision point within the next few months. I think there are several good reasons to think we could see a successful breakout soon.
Valuation
I estimate CAH's forward P/E below 9, and its forward P/S at an amazing 0.09. The stock should have a forward dividend yield of about 3.5%. It's not much of an innovator, but its pace of patent filing has been picking up over the last few years. CAH has been growing earnings at an annual rate of about 1.5%, sales at a rate of over 2%, the dividend at 0.5%, and free cash flow at a rate 4%.
So it's a growing company with lots of free cash flow and a very attractive PEG ratio. I estimate that CAH has about 17% upside to its median price multiple of the last 4 years, so the stock looks undervalued here.
Sentiment
S&P Global Market Intelligence gives CAH an average rating of 86.75/100. It gets a better-than-average ESG score as well. The average analyst score, according to Thompson-Reuters Starmine, is 9/10. This score has recently increased by several points. Open interest from option traders is in bullish territory, at 0.9. Technicals are bullish, and CAH has 17.5% upside to the average analyst price target. Overall, sentiment looks quite positive for CAH.
STMP UndervaluedSTMP is undervalued following a sell-off after earnings, which were great but apparently not enough.
STMP current valuation metrics (TTM): 18.35 P/E, 4.13 P/S and 3.2 P/B. For the year of 2020, its revenue was 758M and it grew up over 30%. They also boasted a large 22.6% Profit Margin which is unparalleled by most companies. As smaller businesses continue to grow and expand, most of them resort to and use Stamps.com for their postage and shipping needs and this sector isn't expect to contract by any large means anytime soon.
Peer Analysis:
STMP : 18.35 P/E, 3.2 P/B, 4.13 P/S, 1.5 PEG with a 22.6% Profit Margin.
UPS : 20.1 P/E, 192.7 P/B, 1.69 P/S , 1.91 PEGY with a -13.1% Profit Margin.
FDX : 19.1 P/E, 3.25 P/B, 0.91 P/S, 0.94 PEGY with a 5.96% Profit Margin.
AMZN : 73.3 P/E, 16.43 P/B, 3.95 P/S , 2.63 PEG with a 5.75% Profit Margin.
EBAY : 16.19 P/E, 10.58 P/B, 3.64 P/S , 0.54 PEGY with a 29.5% Profit Margin.
From the above data (from Bloomberg), we can clearly see that the only fair-valued peer is EBAY. But, for now, focusing on STMP, we can see that STMP's Price/Earnings is towards the lower end, if not, on par with its peers. Its Price/Book is the lowest among its peers revealing that it is the strongest one of the group financially that justifies its value. However, the main differentiating factor is that it has a high 22.6% profit margin which is towards the upper end among its peers. Stamps also owns around 8 more subsidiary companies such as Metapack and Encidia and its latest presentation highlighted that it is expecting to grow its footprint internationally in countries such as Mexico and New Zealand, which might add to the expenses but should grow revenue exponentially in the long term.
Now that we understand that STMP is undervalued, if not at fair-value, we can now look at the price action chart to plot our trading strategy. The attached chart clearly reveals the rangebound nature of STMP and how it is trading towards the bottom of it right now. It is still heavily discounted and allows us to still enter and profit.
$LINK: Likely inverse h&s or double bottom forming#Chainlink: I wouldn't be surprised to see the PA test the green box area where the previous wicks ended. Below the lower red line, and I'd start to zoom out on time frame and look for fib levels and s/r levels to show some confluence as to where this would bounce. You can also see the bottom of the bollinger bands have some nice confluence with those levels. However... I highly doubt that buyers don't step in here as we test the previous dip prices. $24.50 would be the price that I'd set my buy orders at. If it bounces from that green box, then that would look like a decently shaped inverse h&s. If continues below that to the red support line that would also be a higher low. Even if it dips down to 19 dollars we're still forming bullish patterns... If it goes that low? I'll be very happy to buy more at that level.
Fundamentally: The ETH wallet that has been confirmed as one of the Chainlink team's main wallets has been dumping about a million $LINK on the market every week. There are multiple videos exploring this. That being said, it gives a pretty clear picture as to why the price of link has been suppressed by so much, that doesn't really matter though :) We like cheaper link. We like buying more $link every week at a decent price. Patience is key here.
$CRSR Long if channel is not broken.$CRSR has strong fundamentals, also nice TA setup to make a reverse movement somewhere next week and head to the top of the channel.
1st PT: $44-45
2nd PT: $48-49
My drawings are not perfect, you can adjust accordingly, but the overall pattern is clear as of right now.
Do your own DD, not a financial advice.
WTER Descending TriangleBuilding volume after recent lows indicates to me that the bottom is in and this is about to be sent to valhalla, we're launching this to the fookin moon
LTC Binomial Jump Pattern DetectedTheory
- What is "Binomial Jump Pattern"
- In a book I read it speaks about how traders are able to use binomial functions to increase the likelihood of their margin trades.
- I used the same analysis but applied it to spot trading.
- This is a term I made up.
- My theory is that if LTC keeps the same distribution pattern carried over into the next wave it will have a jump that looks like this.
- This is my first test of this theory. BTW those trendlines were drawn on this chart months ago.
Why LTC now?
- BTC has exceeded ATH. Eth has exceeded ATH. LTC has _______ ATH.
- In the early stages of LTC most traders were more invested into bigger coins like eth and BTC. It was perceived to be relatively cheep at the time.
- Most used LTC for quick swing trades.
- Now that price has gone very high on other pairs. I believe this opens the door for LTC in a big way.
- According to my own research it seems to be that most are now setting up long positions on the coin with no intentions of selling like we saw earlier in the $50-$200 range.
- I like to consider LTC as the " cheapest blue chip safe haven coin "
- Not to mention many intuitions are in or have been adding LTC to their stack on speculation of price.
I appreciate all feedback or other ideas.
www.slideshare.net