Insider Stock Buying Reaches US$1.16m On Valley National BancorpValley National Bancorp Insider Transactions Over The Last Year
In the last twelve months, the biggest single purchase by an insider was when Independent Director Jennifer Steans bought US$515k worth of shares at a price of US$10.29 per share. That means that even when the share price was higher than US$8.21 (the recent price), an insider wanted to purchase shares. Their view may have changed since then, but at least it shows they felt optimistic at the time. In our view, the price an insider pays for shares is very important. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price.
Happily, we note that in the last year insiders paid US$1.2m for 111.69k shares. But they sold 6.00k shares for US$71k. In total, Valley National Bancorp insiders bought more than they sold over the last year.
Insider Ownership
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 1.4% of Valley National Bancorp shares, worth about US$59m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.
Valley
VLY: Heading back to double-digitsOne of the cleanest setups I have ever laid eyes on. Clear impulsive 5-wave move off the low with each wave tagging ideal fibonacci extensions. The pull back was also 3-waves and perfectly tagged the ideal .5 fibonacci retracement. The last confirmation we need is for price to break above the previous high of $8.11 to confirm that we are heading to double-digits. A very high probability set up in my opinion.
BitTorrent buy levels?What do you think is the proper entry for BitTorrent since it is on a strong downtrend? The bottom of this valley could be critical for Bittorrent and it has a great chance to be respected by a lot of traders.
share your thoughts.
I'm only a beginner trying to learn so keep it cool if you you are a badass in this market!
BTCUSD, Three Rising Valleys (bullish) I found this pattern at tickeron website with the following data:
STATUS = Confirmed
CURRENT CONFIDENCE = 75%
TARGET (EXIT) PRICE = 16,552.32 USD
BREAKOUT (ENTRY) PRICE = 16,058.29 USD
DISTANCE TO TARGET PRICE = 2.54%
EMERGED ON = Nov 12, 10:00 AM (UTC)
CONFIRMED ON = Nov 12, 10:00 AM (UTC)
WITH CONFIDENCE LEVEL = 83%
The Three Rising Valleys pattern forms when three minor Lows (1, 3, 5) arranged along an upward sloping trend line. It often appears at the end of a declining trend – an indication that buyers are overtaking sellers, which ultimately pushes the price higher.
This type of formation happens when investors shift into buying mode following a consolidation period.
Trade idea
Once the price breaks out from the top pattern boundary, day traders and swing traders should trade with an UP trend. Consider buying a security or a call option at the breakout price level. To identify an exit, compute the target price level by adding the pattern’s height (highest price minus the lowest price within the pattern) to the breakout level (the highest high). When trading, wait for the confirmation move, which is when the price rises above the breakout level.
To limit potential loss when price suddenly goes in the wrong direction, consider placing a stop order to sell at or below the breakout price.
look why you will never get a better price!!!please click the like button if you are bullish like me. Here is the chart of the rather bullish month from BTC we are at the bottom of the valley rn indicated a rise must occur to fit the pattern it has been repeating for several weeks its not a bad idea to short or to go long now and we will see good profits coming from the drop cheers and have a good rest of your day make sure to follow if you're bullish as well
Trading Bottom/Top Finder Bitmex XBTUSD Bitcoin SignalsBottom / Top Finder just gave the signal to go long a couple hours ago, and already have topped out over a 4.0 risk/return ratio! With no top signal yet, we are holding the position for proper exit.
Both false signals shown could have been exited in profit but since the indicator did not signal it, we consider it a stop loss hit for those 2. (17/19 correct is pretty good - 89% win rate!)
As you can see if you zoom in - marked entry/exit targets are not based on absolute high/low of the candle. I try to place them in a somewhat realistic context to show more accurate results (what a concept!).
Trials are available, and we are currently running a 25% off sale! (no subscriptions - you buy it - you own it FOR LIFE!).
Bottom Top Finder 2.7 will be released next week adding more user customization and multiple time frame signals!
Riding the Bitcoin Diamond Train w/ BottomFinder - 581% profit!Bottom & Top Finder v2.5 When using BF for swing trading on 15m or lower timeframes, it is best to enter on the strong bottom, and ignore the medium and weak signals.
As you can see the past few weeks on BCD has been VERY profitable. A total of over 581% was possible if you entered on every strong signal. A few bottom signals did not register a strong sell signal, but profit was still possible from all entry points. After all, this is mathematics, not a crystal ball time machine!
If you notice my profit claims are not inflated as I am not using the low/high wicks as guides, but rather actually attainable order prices. If you are an experienced trader, the medium signals can also be used if you are seeing confirmation for the move by other indicators as well. This would have enabled you to make several more very profitable trades.
Join us on telegram to chat! We provide market signals and information freely. We have 3 trial spots left this week for BottomFinder.
Bitmex XBTUSD BottomFinder Swing Trades for JuneBottomFinder just signaled a bottom for the Perpetual Dollar Swap. Where will it go from here?
As you can see using the 5 min time frame to swing trade, the indicator selected many profitable trades in a sideways market. When in a downtrend or uncertain sideways trend, you should buy on the strong signal and sell on the weak signal.
BullFilter is our other indicator showing longer term trend strength. Join us on telegram to chat! We have 3 trial spots left this week for BottomFinder.
BottomFinder Indicator DCR May Trades - Killed it!BottomFinder has been nailing profitable trades on DCR for the past month. There was only 1 unprofitable signal during the last 30+ days! Multiple signals before large pumps and respectable profits in the downtrend as well!
With no buy signal generated yet, I would (short term) hold off on buying in the current market. Once the next strong buy is signaled, you can expect a 3-7% rebound (let TopFinder signal when to sell).
Stop losing satoshies on bad entry/exit timing. Let BottomFinder do the heavy lifting for you!
Like, Follow & send a PM for trial access. 3 Trial slots now open as of 1:15PM EST 6-4-18
$AMB three valleys pattern spotedShort term price target according to three valley chart pattern... Long term tagret moon :-)
LTC/USD - I'm Thinking We Will See Another Dip by Weeks EndUpdate here on LTC and I'm still holding on to a slight basis of more downside. I think we'll likely see a move in LTC back down to $160 (lower demand zone) before we start seeing some good upward movement.
My best guess... as we move close to the weekends the dip will play out and heading in over the weekend and next week price will start to move. It's been essentially consolidating for the past 6 days in a fairly tight range in my opinion.
In addition, I talk about my new favorite topic... supply and demand.
Anyway, I hope you enjoy the videos, if so, give a like and leave me a comment with your thoughts.
Terrible charting of $NVCN but Look for 3 Rising Valleys 20 second chart of getting out of holding the bag! trend lines aren't drawn well just a quick chart
NKE - Nike & the home of forkerEvery mountain has it's valleys.
Besides you now know exactly where I live, here is something to learn.
Kowing that markets swing, is not enough.
You have to see it and you have to draw it.
When you draw pictures, there are many things that pop up, which would not have bevor.
If you know, that most "Mountain Bases" getting "filled", then you have one peace to the puzzle that others don't have.
So use it - not to trade immediately, but to observe, hunt, build your plan and sniper your booty.
And always remember: You better don't hunt a Grizzly (huge pendulum swing trade) with a airgun (small account).
When you want to eat such a big monster, then you better take grandpa's double whammmmmmy!
(...saying this and crawling my cuddly cat.)
Live is good, be happy.
P!