#NKE Oversold - price at Covid LevelsAnalysis Overview
Focus: Primarily on fundamental analysis.
Current Price Context:
Last time NYSE:NKE was at these price levels was in March 2020.
The stock has been significantly beaten down.
This year's growth estimate is gloomy (-14%).
Investment Rationale
Despite the recent challenges, Nike remains a solid company and is the world's most valuable apparel brand. P/E (TTM) is 19.74 which hints a kind of fair valuation. Moreover, analysts estimate an upside potential of +26.16% on average.
Investment Decision
I decided to buy 10 shares of $NKE.
Exit Strategy
I haven’t determined a specific sell price yet and might keep the shares indefinitely. My decision will be based on:
General market sentiment
Potential price increases in the near term
Long-Term Outlook
I believe Nike will perform well in the long term, but I’m also open to acting opportunistically and selling if there is a significant price increase in the near term.
Value
2024 Historical Monthly Chart BTC USD Stochastic RSI DirectionIn BTC USD, practically every time the monthly Stochastic RSI has reached 100 and the fast RSI crosses the slow RSI there is about a 45% to 75% drop in value as a correction.
The BTC low target would be $29,000 to $41,000 for the next 6 months prior to the post-halving bullrun going into 2025.
Monthly chart and Stochastic RSI shows directionIn BTC USD, practically every time the monthly Stochastic RSI has reached 100 and the fast RSI crosses the slow RSI there is about a 45% to 75% drop in value as a correction.
The BTC low target would be $29,000 to $41,000 for the next 6 months prior to the post-halving bullrun going into 2025.
Traditional Gold traders could be making a huge mistake1000.00 usd forcast is easy to spot in the gold market before 2025.
The ever growing trend moving into the crypto currency market and blockchain technology is more favorable "profitable".
Larger capital gains and entertainment in the crypto industry is becoming more favorable in todays economy.
Change is happening gradually because the economy is still facing serious issues with stability.
There will be winners and losers in the future markets.
40% will fail with traditional trading and 40% will win big returns with the crypto industry.
20% of the world population will most likely stay away from investing all together because they
already have all the wealth they need.
This is my observation with gold and silver 50% loss for most investors 2022 - 2025
Most of the money leaving the gold market will transition into crypto currency next few years.
More gains, more rewards, more return...
XDC Network | XDC The price of XDC Network is $0.059 today with a 24hour trading volume of 19 million dollar. This represents a 24% price increase in the last 24 hours and a 72% price increase in the past 7 days. With a circulating supply of 14 Billion XDC, XDC Network is valued at a market cap of 822 million dollar.
As XDC, the digital token for XinFin Network, exhibits a powerful display of bullish momentum, the cryptocurrency market is humming enthusiastically. XDC has increased by an incredible 93% in just two weeks, impressing traders and investors with its massive rise.
The altcoin’s ascent over the past 30 days has been remarkable; it has seen a substantial 56% increase, solidifying its place as one of the market’s most exciting digital assets. The altcoin has demonstrated its strength by trading at a startling 100% premium over its January opening.
XDC Network is a blockchain platform for businesses and developers who want to build decentralized apps on an efficient and scalable blockchain infrastructure.
The platform is built on an enhanced Ethereum codebase and is compatible with the Ethereum Virtual Machine.In order to attain the target price of $1, analysts predict that the value of the XDC token will increase by a factor of about 24. This suggests a big potential for growth and offers a chance for investors looking for significant returns.
XDC has previously shown significant price appreciation. From its lowest price of $0.050 in June 2021, the token’s value increased by slightly more than three times in just two months.
In August 2021, XDC reached its highest recorded price of $0.18 thanks to this outstanding performance. Such a sharp price increase demonstrates the token’s intrinsic volatility and ability to provide substantial returns in a short amount of time.
A total of 37,705,012,600 XDC coins are available, with a circulating supply of 13,851,401,350 and a market cap of $812 million for XDC.This year, the token has boomed, reaching a high of $0.050 before turning erratic, with periodic upward and downward movements. A 10% increase would allow XDC to test its 2023 highs again.
Meanwhile, the blockchain project’s collaboration with the Japanese cryptocurrency trading firm SBI VC Trade to sponsor WebX 2023 coincides with the token’s price increase.
Users of the XDC network anxiously anticipate an upcoming event that will reveal cutting-edge innovations, open doors to exciting possibilities, and enable interactions with influential personalities in the business.
The XDC community is brimming with anticipation for the network’s bright future, and this excitement has driven the network’s price higher over the past week.
Attractive risk/reward in Lufthansa long position. Lufthansa has been struggling with strike, cancelled flights and increased tax by the German government resulting in weak Q1 results. There is support at around 5,6 EUR and even the slightest positive Q2 report by the end of July should result in a bull run lasting until December/Januar.
Build up position in PYPLGreat opportunity to build up a position in PYPL. Technically PYPL is definitely past the bottom, fundamentally it's much undervalued. There is an obvious uptrend is being formed. In anticipation of market adjustment to fair value one expects a significant upward price action.
SIZZLING-YINN-HANDLE!!!! There's been a global paradigm shift As Biden's re-election prospects diminish and recent events are raising concerns. While US and Europe valuations are within fair value range based on forward P/E ratios the tremendous laggard China has turned its corner in cracking the chip after Pres Xi spent about $2T equivalent in US dollar that is a lot but at least he accomplished what he intended when he came in office and announced the "common prosperity initiative" to solve demographic generational chasm from the one child policy before and thee are not enough producers to support the rest and to solve this make home affordable again as children live with their parents until age 55 on average and this is not ideal for starting a family they need their own home. Well fold housing down 95% mission accomplished lol Tech Sector crackdown and sanctions on top of a strong US dollar also beat down China tech index clubbed like a baby seal down 75% . many have contemplated is China investable. We ladies and gentlemen. Bottom Line = YES! .........PLAY BALL!
Notice: Think for yourself before comparing your analysis. Past does not equal future, same goes with price discovery. Leverage ETF products have additional risks and design for short term trading and speculation and someone who has a system with automations and watching the Bloomberg. This is not intended to be a recommendation in absolute. If you do not fully understand please consult an advisor, make sure you have adequate cash reserve and can afford to lose as invest like this leverage 3x so that is a notional value of 300% of a potential 25%83=74% in one handle (move). Remember to cut your losses because it takes a 100% return to break even from a 50% loss. I would expect this trade to take 2 weeks to mature but could take a month and it may be down at first, but the paradigm has changed, and this is the trade for now.
Would you still increase your holdings at this point?The the stock of social media company has risen by 8.06% in the past month, lagging the Computer and Technology sector's gain of 8.7% and overreaching the S&P 500's gain of 3.34%.
The stock is at an all-time high, but positions are not larger than ever, and traders are cautious and not rushing into the market.
$aslti (6/16-19/24): excess low? (example idea post -- public)Idea? Excess low?
Setup? Breaking of this bracket after period of tight consolidation;
seeming to reverse on an intraday low with consistent continuation to upside.
Narrative (relevant when there's a reasonable guess in this chart type): European elections, euronext mkt, EUR/USD.
(referent? headline news)
Notes: - using a 9WEMA.
- stock of interest.
Is the value changing?
Blum Project Analysis!!!Today, I want to introduce you to another Tap-To-Earn project and see if it is worth your time.
In the previous articles, I explained Notcoin and the Hamster Kombat project. If you have time, take a look at these articles.
The name of this project is Blum .
Please stay with me.
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What is Blum?
The Blum Token is a cryptocurrency associated with the Blum Crypto Project on Telegram . While specific details about the creators and core team might be limited, the project focuses on community engagement, utility, and promoting blockchain adoption. The token serves various purposes within the project’s ecosystem, from facilitating transactions to enabling governance and rewarding community participation
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Now, let's check the Blum project with the help of SWOT ( Strengths-Weaknesses-Opportunities-Threats ).
What is the SWOT !?
SWOT (Strengths-Weaknesses-Opportunities-Threats) analysis is a framework used to evaluate a company's competitive position and to develop strategic planning. SWOT analysis assesses internal and external factors, as well as current and future potential.
🔸 Strengths : The game's style makes it difficult for the bot to jam every token_The active Telegram community currently has 11 million followers Blum selected by Binance labs team as featured airdrop
🔸 Weaknesses : No whitepaper _ Poor website _ Boring game _ The total number of tokens is not clear - the distribution method may not be fair _ the development team is unclear_The goal of the project is very general_ Low number of followers compared to other competitors on X platform _ Currently, you can become a member by invitation only_ It only has roadmap until the end of 2024_ The game environment is very simple.
🔸 Opportunities : Hard Forks to improve the Blum project_ Willingness of big investors to invest _ Improving the website and white paper_ Improve the game environment
🔸 Threats : High number of miners _ Emergence of Whales _Unspecified fee_ Hackers _ Competitors_Laws and regulations of countries
Can you add other parameters to the options above or not!?
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Conclusion : Due to the fact that there are more Tap-to-Earn games these days, we should be a little careful in choosing the game, because no matter what you like, you will eventually have an income for the time you spend.
According to the description above, if you want to enter the BLUM project, you should only consider it a hobby and not spend a lot of time on it because it has many ambiguities and weaknesses.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Notcoin real price predictions coinmarketcap.com coinmarketcap.com
Considering that the NOTCOIN is the first currency lunched on TON blockchain and have the full support of ton blockchain
The NOTCOIN price will be affilliated to the TON price in so many ways
Look at the total supply of TON and NOT
TON= 5.107 billion
NOT= 102.71 billion
Total supply of NOT is 20.11 times more than TON
The price of TON is 7.90 at the moment
So we have this
7.90 / 20.11 = 0.39 is the real value of NOT
Important: total supply of NOT will never increase Rather, it decreases due to token burning
So sure NOT have the potential to reach 1 dollar per coin B the real price is 0.39 by now, sure when TONCOIN grows NOTCOIN will also grow.
Next phase is loadingATTENTION: Bitcoin is starting to prepare for the next phase! If you don't currently know what phase we are on right now listen up... In this next phase, it is time to diamond hand it out and wait. No more accumulating as the gains will start shrinking less and less and there is no need to increase your average buy price - you will only lower your potential gains. When Bitcoin dominance begins to run up, prepare for a massive altcoin season afterward.
NFA, and always DYOR.