BB - Joining the #moon club? I like this with our without memesClean chart. Clear tapering and orange algo proven control - looking for green and yellow buying continuation to continue the breakout with controlled selling down yellow and magenta
Careful on this one especially because it's below $5, risky, and all meme stocks can pop at any time.
Happy Trading :)
- TraderDaddyOG
Value
SBUX gets another earnings miss SHORTSBUX on the dialy chart may be another candidate to short while the general market remains
challenging in the face of the loss of anticipated rate cuts and ongoing geopolitical risk.
SBUX has been trending down for nearly six months and the earnings miss add emphaisis to the
trend. At this juncture, there is nothing to suggest a turnaround. I am adding SBUX to
my short list. I will look for pivot highs on a lower time frame and average into an overall
position in pieces.
Price prediction based on financial reports and interest rate
After reviewing Q3 financial report my guess is that YTD net profit -424 MNOK is incorrect.
They added an estimated aquculture tax based on 100% of profit before tax. In the Q3 financial report thet added following statement:
"The government’s proposal on resource rent tax on aquaculture (in the sea) was
adopted by the Storting on 31 May 2023. The estimated tax expense is very uncertain."
My guess is that the new tax is new and unclear how it will be implemented, therefor they purposefully added it higher, which resulted in negative net profit YTD.
Future rate cuts will increase asset value which decreased 710 MNOK in Q3, and decrease future interest expenses.
In short I base my bully view on that purposefully made the financials seems worse until the new aquaculture tax is more clear how it will be implemented.
Gold Analyse for today Bullish Factors for Gold: ( HIGH JOBLESS CLAIMS Folders ) Negative for dollar news
Decreasing Treasury Yields: If there's deflationary data leading to decreasing Treasury yields, investors may flock to gold as a safe-haven asset amidst economic uncertainty
Increasing Unemployment: Rising unemployment signals a cooling or contracting economy, prompting investors to seek refuge in gold as a hedge against market volatility
When Lower Jobless Claims Occur:
Bearish Factors for Gold:( Lower JOBLESS CLAIMS Folders ) Positive for dollar news
High Treasury Yields: If there's inflationary data leading to high Treasury yields, investors may favor other investments over gold, reducing its attractiveness
Low Unemployment: Low unemployment suggests an overheating economy, prompting investors to move away from safe-haven assets like gold in favor of riskier investments
Off Beat Adjusted Audited Intrinsic Value @ FYE 2023Off Beat Adjusted Audited Intrinsic Value
(logically derived MagicFormula Merits Scores Adjusted Audited ROIC methodology @ka PEROIC 1 methodology)
@ FYE 2023 Audited Financial Report
= 100×(18,345+115−1,898−5−4−90)÷(57,412+115−1,898−5−4−90+388+119+408+107)×(18,345+115−1,898−5−4−90)÷363,229
= RM 1.319
"Mulklen, Most Definitely, Maybe"...one dayPositive catalysts for Mullen Technologies could include breakthrough innovations in electric vehicle (EV) technology, strategic partnerships with major industry players, regulatory approvals, earnings beats, and ambitious expansion plans. A trade strategy for a long hold on Mullen would involve dollar-cost averaging to mitigate market volatility, setting stop-loss orders for downside protection, focusing on strong fundamentals, monitoring catalysts, and maintaining a long-term perspective. By regularly investing fixed amounts over time, protecting against significant losses, prioritizing fundamental analysis, staying informed about industry developments, and exercising patience, investors can position themselves for potential long-term gains in Mullen Technologies stock.
Ditch These ALTCOINS that are UNDER PERFORMING💀Some altcoins have stayed behind during the most recent BTC surge. These include :
👎 DOT
👎 XRP
👎 ADA
👎 UNI
👎 HBAR
👎 CRV
👎 ALGO
Overlay any of these with the BTC chart, and you get something similar to this.
Now compare it to the PREVIOUS BTC all time high.
I'm not saying these coins are done for, or that they do not have a future. But my focus is on coins that can be tradable and profitable in fairly short periods of time. Holding on to an alt that doesn't move for months (only to increase 15%) is a bad strategy.
It would have been more profitable to take the loss and trade another coin with 50%+ increase, such as ETH, SOL, DOGE, NEAR etc. to name a few examples.
Ditch them and focus instead on coins with more volatility - You can't be holding through an entire new BTC high and the alt has barely broken out of accumulation - this simply won't do, because there are many other trading opportunities where you can make bigger gains and better profits just because they actually move.
_______________________
BINANCE:BTCUSDT BINANCE:XRPUSDT BINANCE:ADAUSDT BINANCE:DOTUSDT BINANCE:CRVUSDT
AMD move tired of downToo few people want to play the game of UP in NASDAQ:AMD AMD now... but we need participants for to move....
To catch their interest we must go up to collect bulls for further down trip to AMD's true value of 130$ after any 1Q report that will be probably considered as week.
For the moment is my opinion, it looks like this.
Remember: those who don't support Belarusian and Ukrainian freedom fighters will not make it in the stock exchange anyway...
ADA - Time For Concern?🤔❕ADA vs BTC ❕
ADA failed to make a successful retest of the accumulation zone, having tested it yet again after breakout, and forming a nasty M-pattern. This is quite different compared to the previous time BTC made a new ATH and ADA followed.
Furthermore, the ADABTC chart is about to make lower lows, as ADA continuesly fails to increase in value with BTC:
Now, some may argue that this is indeed a good time to BUY - and I cannot argue with that logic. I would, however, just advise to take caution. Reconsider the fundamentals when considering ADA as a diversified part of your portfolio.
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BINANCE:ADAUSDT KUCOIN:BTCUSDT BINANCE:ADABTC
Something Brewing?
NASDAQ:SBUX Has had a tough week (dropping -17.7%), topped with a demand from the former CEO Howard Schultz to shift focus from the current data-driven business model to a customer-centric business.
With the above being said, I believe the coffee giant will recover amid rising competition from Dtchbros $NYSE: BROS and Dunkin Donuts $FINRA: DNKN_SHORT_VOLUME.
This is my strategy:
Using Bollinger Bands and Fibonacci Retracement, we see a large trade volume and volatility increase as the price drops below the SMA and lower band. The price is currently $73.11. We can expect it to reach a price target of $84.68 (test strategy here) before retracement or reversal, as the shares may be near overbought status.
This will give us a nice $11.50 profit per share.
Enter at price targets: $70.31 and $72.92
Hold for the price to cross $87.46 for uptrend confirmation.
Ready for Takeoff?
NYSE:BA Boeing Shares had a volatile performance this week, with a decent uptrend rally on Thursday and Friday .
This is my strategy:
Using Bollinger Bands and Fibonacci Retracement, we see a slight trade volume and volatility increase as the price surpasses the SMA and nears the upper band. The price is at $179.79. We can expect it to reach a price target of $184.15 (test strategy here) before retracement or reversal as the shares will near overbought status.
Enter at price targets: $175.15 and $164.21
Hold for the price to cross $196.27 for uptrend confirmation.
COPPER Commodity or Junior Miner trade LONGCopper prices rise when the economy is thought to be growing and needing more electrical
infrastructure while they fall when bearish indicators might project a recession. I am
at the aluminum and finished steel subsectors as well. FCX is under consideration but as a
large cap it does not have the volatility of the junior miners. In the meanwhile COPJ, CPER and
COPX look like they are worth considering given the trend up since mid-February. The chosen
strength and trend indicators confirm the trend. This is a long trade and sector rotation play for
those to consider that are tired of tech stocks and earnings plays.
AAPL has IndoChina headwinds SHORTAAPL is here on a 120-minute chart in what appears to be a falling wedge pattern.
As volatility gets compressed further it could break down or break out with a bais for
the latter. I believe that the rise of generic phones in China and Inda with comparable
cameras and other functionality has impacted AAPL as had the rising prices of its
flagship products. Time will tell how this plays out. In the meanwhile, I will consider that
AAPL stays in its wedge and play the top trendline with a short and go long from the
bottom. At present , with price at the upper resistance trendline, I will add to my short
position. I see AAPL staying underneath the 0.5 Fib retracement level of the uptrend for
the time being.
Ksolves India Ltd: A Software Solutions Powerhouse GrowthIntroduction:
Ksolves India Ltd, a software development and IT solutions provider, has emerged as a promising player in the technology landscape. With a diverse range of services, strategic partnerships, and a growing client base, the company has demonstrated its ability to cater to the evolving needs of businesses across various sectors. As a stock market wizard with expertise in both technical and fundamental analysis, let's dive deep into the key aspects of Ksolves India Ltd and explore its investment potential. Fundamental Analysis:
Business Overview:
Ksolves India Ltd, incorporated in 2014, is engaged in software development, enterprise solutions, consulting, and providing IT solutions to companies across sectors such as Real Estate, E-commerce, Finance, Telecom, and Healthcare. The company is known for its expertise in Big Data, Data Science, Salesforce, DevOps, Java & Microservices, OpenShift, and Penetration Testing, among other technologies.
Revenue Breakdown:
Ksolves' revenue is primarily driven by its software services, which account for 97% of its total revenue. The remaining 3% comes from products and customization. Geographically, the company's largest market is North America, contributing 66% of its revenue, followed by India (23%), Europe (7%), and the Rest of the World (4%).
Clientele and Partnerships:
Ksolves' client base is widely diversified, with over 40 IT services clients across 25+ countries. The company's top 5 clients contribute 33% to its revenue. Ksolves has also forged strategic partnerships with industry leaders such as Salesforce, Adobe, Odoo, and Drupal Association, further strengthening its service offerings and market presence.
Financial Performance:
Ksolves has demonstrated consistent growth in its financial performance. Over the past few years, the company has witnessed a steady increase in its sales, operating profit, and net profit. The operating profit margin (OPM) has remained in the range of 40-45%, indicating efficient operations and cost management.
Technical Analysis:
Fibonacci Retracement:
The Fibonacci retracement drawn connecting the low of Rs. 811 (11-month depth) to the high of Rs. 1,470 shows that the current market price has broken above the 0.5 Fibonacci level, indicating the potential for further upside movement.
Trend Analysis:
The overall trend for Ksolves India Ltd appears to be bullish, with the stock price consistently making higher highs and higher lows. This suggests a strong positive momentum in the stock, which could continue in the near future.
Investment Thesis:
Growth Potential:
Ksolves India Ltd's diversified service offerings, strategic partnerships, and growing client base position the company well to capitalize on the increasing demand for IT solutions across various industries. The company's focus on emerging technologies like Big Data, AI, and Machine Learning further enhances its growth prospects.
Geographical Expansion:
The company's strong presence in North America, coupled with its plans to expand in other regions like Europe and the Rest of the World, presents opportunities for Ksolves to diversify its revenue streams and tap into new markets.
Margin Stability:
Ksolves' consistent operating profit margins, ranging between 40-45%, demonstrate the company's ability to maintain profitability and operational efficiency, which is a positive sign for investors.
Technical Outlook:
The Fibonacci retracement analysis and the overall bullish trend in the stock price suggest that Ksolves India Ltd may continue to see upward momentum in the near to medium term, making it an attractive investment opportunity.
Conclusion:
Ksolves India Ltd, with its comprehensive software solutions, strategic partnerships, and strong financial performance, appears to be a promising investment opportunity. The company's growth potential, geographical expansion plans, and stable margins, combined with the positive technical outlook, make it a stock worth considering for investors seeking exposure to the thriving IT services sector. As a stock market wizard, I believe Ksolves India Ltd is well-positioned to capitalize on the industry's growth and deliver value to its shareholders.
Doentrend AudChfas the price broke my first pyschological level. i waited for a retest to enter in for a short position toward a sell market. to the level support zone. and when pontentially its break that level. by tomorrow or by new york session there will be retesting of the new resistant zone and it will continue on the downward trend position.
SUKU's Potential BreakoutSUKU is on the brink of breaking out from its falling wedge on the 4-hour chart, targeting the golden Fibonacci range between $0.23 and $0.26. Historically, SUKU hit the $1 mark twice during the crypto bull runs of 2021 and 2022. The recent launch of SukuPay, a decentralized digital wallet that allows users in over 150 countries to transact using just their phone numbers, fuels optimism for reaching these heights again.
Altcoin seasons often start a few months after Bitcoin halving events, suggesting possible gains by year's end.
Nonetheless, there's a notable risk: one entity holds 85% of the circulating supply, as recorded on Etherscan. Despite this concentration, no significant sell-offs occurred from this entity during prior peaks when the token value approached $1.5. This stability implies that major stakeholders, potentially including CEO Yonathan Lapchik and CTO Lucas Henning, are in for the long haul. Given the gradual adoption of Web3.0—seen as the next big phase in tech trends after NFTs, the Metaverse, meme coins, and AI—SUKU's potential to reach a market cap of 500 million, a 20-fold increase from its current valuation appears promising.
XAUUSD Spot Gold sell-off may stimulate a rally LONGSpot Gold has fallen 5% since the Middle East conflicts have lessened at least transiently. Other
fundamentals like the Chinese government and indeed its citizens as well as the central
banks of several nations buying gold in high volumes support price from significantly falling from
here. Supported by volume profile specifics as well as the Fibonacci retracement levels
reversing the trend down, I see this as a buying opportunity where other dip buyers will hold
the price up and support the reversal. I firmly believe that the day will come where prices of
the present would be considered a huge bargain. At this time, they are fair value for sure.
AMC 's CEO says no to bankruptcy and so it pumps LONGAMC on the 60 minute chart shows an early reversal out of a three week downtrend after
two months of a wide ranging price action that was sideways. The more or less takes
bankruptcy considerations off the table. In the meanwhile, the streaming services continue
to beat down movie theaters. No matter, AMC has new bullish momentum and the trading
volumes to support it. The PVT indicator shows the new trend. The TTM Squeeze indicator
triggering has relevance. The trend is your friend especially if you befriend it early. You never
know, the short squeeze Ape Nation has been hoping maybe just maybe could happen. I will
take a long position of shares here and insure them partially with a put option to cover a wide
stop loss of 15% given the expected volatility. For the shares, targeting 3.85 with 35%, 5.50
with 25% and the remaining 50% to run with a trailing stop loss.
USOUSD Spot Oil Jumps on Geopolitical Escalation LONGSpot Oil on 30-minute chart had a slow rise in the past 24 hours followed by a pause and then a
jump on the Israeli retaliation strikes into Iran. Middle East oil shipping in the Red Sea and
Persian Gulf are at risk and shipping insurance for ongoing shipments is likely to experience
heavy rate increases if shipping does occur. Houthi rebels may resume proxy attacks on the
behalf of Iran. New sanctions contemplated against Iran may include increased action on oil
exports and the Israelis could target oil infrastructure. Overall, spot oil now has a bullish
bias. I see good cause to increase oil based positions at this time. My target for spot oil
based on VWAP lines currently on the chart is 87.5 about 4% upside without leveraging.
The volume indicator shows increased buying volumes relative to selling. The PVT shows a quick
burst of trend momentum while the TTM indictor triggered and has an upgoing histogram.
FSM a silver junior miner poised to profit on silver's momentum FSM is on a 30-minute chart. The trade idea is that FMS suffers in drops in spot sliver but
thrives when spot silver rises as its fixed expenses in mining allow for increases in margin
in a curvilinear fashion when spot silver rises. This is more so than a senior miner such as FCX
that moves slower when metal prices rise or fall. I see the quick geopolitical dip in spot silver
as an opportunity to pick up junior miners ( including GDXJ the ETF) at a discounted price to
be held for spot silver recovery and then averaged out for realization of profits.