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OXY is OversoldThe plan for OXY looks really good it’s just not quite ready but I think the upside for a quick day/week is real. OXY needs a few things to happen. RSI needs to come down a bit (red arrow) then reverse, the price needs to hang in the $55-57 range, the MACD needs to turn bright red and or bright green indicating selling pressure is turning around, and oil prices need to start to head back up a bit. My best guess this happens around the 26th, which is where all the green arrows sit. If these conditions are met I will buy some.
NYSE:OXYLong
by pcseiden
NKE continues to show some strengthThis is a update to my previous NKE post (I know I can update that post but I wanted to add a more current photo. I have added MACD to my to try and get a better feel for buying and selling pressure, and also using Channel lines, which have been quite helpful. In this example, NKE was trading between $71-$76 until a spike above $76 into the low $80's with no news. I'll be honest I was using my trading strategy and used PUTS at $76 and got burned but I still think NKE has a lot to be desired. I'm always up for a small lesson from the market =)
NYSE:NKELong
by pcseiden
SUI/USDT Analysis Heading Towards $2.10?Current Price: $0.859 🟢 Key Points: Fibonacci Retracement: SUI/USDT is currently trading within the "Golden Pocket" between the 0.618 and 0.65 Fibonacci retracement levels, a critical area often associated with strong buying interest. Price Target: The 2.618 Fibonacci extension suggests a potential target of $2.189, which aligns with recent technical developments. Latest News Impact: The SUI ecosystem is seeing significant activity, including potential bullish momentum driven by recent developments such as Grayscale's announcement of a new SUI trust fund and notable OTC bids from large investors. These factors have contributed to a positive market sentiment, with SUI potentially poised for a 40% rally in the near term​ (CoinGape)​ (TradingView). 🔄 Potential Scenario: After a strong recovery from recent lows, SUI might push towards the 1.618 Fibonacci extension ($1.527) and eventually the 2.618 extension ($2.189). The recent price action, bolstered by strategic network upgrades and increased institutional interest, supports this outlook. However, traders should be mindful of potential pullbacks, especially if SUI fails to hold its current support levels​ (CoinGape)​ (World Coin Index). 💡 Conclusion: With recent bullish developments, SUI/USDT shows promising signs of a rally towards $2.10, especially if key resistance levels are broken. Short-term dips could present buying opportunities in light of the ongoing positive market sentiment.
Long
by Loveiceroollss
1
Rebound EURUSD before the start of correction H4. 22.08.2024Rebound EURUSD before the start of correction On the Euro I expect a rebound to the area of 1.1170 and the start of correction there. The rebound was made, but the nuance is that the cumulative continues to fall, which means that they can still make an outburst to fill the culmination volumes. Without them they are unlikely to make a downward reversal. They may reach 1.12, where there is also a strong option resistance, and then down. In any case, I will not enter without confirmation of volumes and I advise you to wait for the conditions.
Long
by KovachTrader
1
Is Kirloskar Pneumatic Company Limited a Good Investment Option Fundamental Analysis Corporate Overview and History Legacy and Stability: Kirloskar Pneumatic Company Limited (KPCL) has a rich legacy, dating back to 1888, which underscores its stability and resilience over the years. The company has evolved significantly, contributing to various sectors including agriculture, manufacturing, and infrastructure. Financial Performance and Ratios: Revenue and Profitability Revenue Growth: KPCL reported a revenue of ₹13,226 million in FY 2023-24, showing a 7% increase from the previous year. Profit Before Tax: The company's profit before tax increased by 24% to ₹1,779 million in FY 2023-24. EBITDA Margin: EBITDA margins improved to 16% from 14% in the previous year. Return on Asset (ROA) ROA Ratio: The ROA ratio of KPCL has grown by 0.104% compared to the previous financial year, indicating an upward trend over the past three years. . Current Ratio Current Ratio: The current ratio of KPCL was 2.34 as of March 2023, which is higher than the previous year's ratio of 1.99. This indicates a good short-term financial position. Change in Current Ratio: The current ratio has grown by 17.89% compared to the previous financial year. Earnings Per Share (EPS) Basic EPS: The basic EPS for FY 2023-24 was ₹20.60, up from ₹16.82 in the previous year. Diluted EPS: The diluted EPS for FY 2023-24 was ₹20.57, up from ₹16.77 in the previous year. Dividend Dividend Per Share: The company recommended a final dividend of ₹4 per share, bringing the total dividend for the year to ₹6.50 per share, which is 325% of the face value. Market Capitalization and Shareholders' Funds Market Capitalization: As of May 31, 2024, the market capitalization of KPCL was ₹5,863 million. Shareholders' Funds: The shareholders' funds stood at ₹9,246 million as of March 2024. Debt-to-Equity Ratio Debt-Free Status: KPCL is a debt-free company, which is a positive indicator of its financial health. Manufacturing Capabilities: KPCL operates state-of-the-art facilities equipped with advanced machinery, ensuring high-quality products and efficient production processes. The new facility in Nashik is a significant step towards backward integration, enhancing production capabilities and reducing dependency on external suppliers. Research and Development: The company has substantially increased its investment in R&D, filing 25 IPs during the year and establishing partnerships with institutions like PDC Machines LLC USA to cater to emerging markets such as hydrogen compression. Corporate Governance Board Composition: The Board of Directors includes experienced professionals with diverse expertise, ensuring effective governance and strategic decision-making. Committees: Various committees, such as the Audit Committee, Risk Management Committee, and CSR Committee, are in place to oversee different aspects of the company’s operations, ensuring transparency and accountability. Sustainability and CSR Environmental Stewardship: KPCL is committed to reducing its environmental footprint through initiatives such as energy efficiency, water conservation, and responsible waste management. The company has implemented sustainable practices, including the use of solar power and recycling of waste materials. Community Development: The company engages in various CSR initiatives, including education, health, and environmental projects, which contribute positively to the community and support long-term sustainability. Technical Analysis OBV Method on MACD The On-Balance Volume (OBV) indicator, when applied to the Moving Average Convergence Divergence (MACD), can indicate potential institutional interest. A convergence in the positive direction of volume increase suggests that institutional investors may be accumulating the stock, which could be a bullish signal. Volume Analysis: Increasing volume with positive price movements can indicate strong institutional support, which is a favorable sign for long-term investment. Risk Assessment Market Risks Export Decline: The decline in exports by nearly ₹100 crore is a concern, but the company is focusing on growth in Southeast Asia and other emerging markets to mitigate this risk. Geopolitical Uncertainties: The global economy's transition and ongoing geopolitical tensions pose risks, but KPCL's India-centric approach and robust domestic market demand are expected to support its growth. Operational Risks Supply Chain Disruptions: The company has a robust risk management framework to address potential supply chain disruptions, ensuring business continuity. Competition: Intensifying competition is a risk, but KPCL's focus on innovation, product mix, and cost control measures helps to maintain its competitive edge. Regulatory Risks Compliance: The company adheres to stringent regulatory requirements, ensuring compliance with laws and regulations. However, changes in regulations could pose risks, but KPCL's proactive approach to compliance mitigates this. Conclusion Fundamental Analysis: Strengths: KPCL's strong legacy, operational excellence, focus on R&D, and commitment to sustainability are significant positives. Challenges: Decline in exports and geopolitical uncertainties are risks, but the company's strategies to address these are promising. Technical Analysis: Positive Indicators: The convergence in the positive direction of volume increase on the OBV method applied to MACD suggests potential institutional interest, which is a bullish signal. Risk Assessment: Mitigation Strategies: The company's robust risk management framework, focus on innovation, and compliance with regulations help mitigate various risks.
NSE:KIRLPNULong
by stocktechbot
#XAUConfirming the peak at 2531, adjustment or further increase?Gold analysis on August 21, 2024: After forming a peak in the 2526 - 2530 region as predicted, gold has experienced a correction to the 2500 area and then rebounded. This is not yet the point enough to create a strong upward trend for gold. The possibility of a deep decline to create momentum is still very high. Prices of 2450 or even 2435 are still expected. The trading trend today remains SELL. Key price areas to note: SELL zone: 2520 - 2525 and 2529 - 2533; BUY zone: 2502 - 2507 and 2490 - 2495. Recommended orders: Plan 1: SELL XAUUSD zone 2521 - 2523 SL 2526 TP 2518 - 2510 - 2500 - 2490. Plan 2: SELL XAUUSD zone 2513 - 2515 SL 2518 TP 2510 - 2500 - 2490 - 2480. Plan 3: BUY XAUUSD zone 2490 - 2492 SL 2486 TP 2495 - 2500 - 2510 - 2520.
OANDA:XAUUSDShort
by oakpotshy