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Volkswagen (VOW3): Potential Climb to €150Volkswagen AG is currently a highly interesting stock for us, especially given that it is a massive enterprise and the European market has seen significant sell-offs, in contrast to most American automakers which remain relatively high. However, it's important to note that automakers are typically quite volatile. If not for the high dividend yield, which currently stands at 15%—exceptionally high for a company of this size—it might not even be worth considering. Looking at the daily chart, we've observed a decline from 252€ to a low of 97.83€, marking the nadir of the overarching Wave II. We placed our very first entry at the start of this cycle at 101€, which is now at 121€. We have yet to break out from the major trend channel. A new, smaller trend channel has formed, suggesting that an upward breakout could potentially lead us out of both channels, providing a short-term boost. This could bring us to the level of Wave (X), around 150€, concluding the Wave (1). We successfully entered a new position on the 2-hour chart for Volkswagen, as we placed a limit order at the 50% retracement level, which was reached yesterday. This entry should give us a significant boost, aiming to challenge the trend channel line again and potentially reaching new local highs around 130€. There's also a dividend distribution coming up next month for Volkswagen, which might influence market behavior as investors could decide to take profits afterwards. We are not trying to predict short-term movements; instead, we aim to position ourselves for the long term and hold our investments for extended periods. We have strategically placed our stop-loss below Wave ((ii)) to only get stopped out if the scenario is invalidated. However, we see theoretically huge potential upwards, with 150€ being just an initial target.
XETR:VOW3Long
by freeguy_by_wmc
A Closer Look at the Catastrophic 99% Stock Crash in 15 Minutes In a heart-stopping financial spectacle, China Tianrui Group Cement Co., ( GETTEX:T18 ) a once-prominent Chinese cement producer, experienced a dizzying descent on the trading floor, with its market value plummeting by a staggering 99% within a mere 15 minutes. The sudden free fall, akin to a financial earthquake, left investors reeling and analysts scrambling for explanations. The Dramatic Dive: The alarming nosedive commenced during the final moments of the trading session, as if scripted for a suspense thriller. In a frantic frenzy, shares of Tianrui tumbled to an astonishing HK$0.05, stripping away nearly the entirety of its market capitalization, which dwindled to a mere HK$141 million ($18 million). Roots of the Disaster: Unraveling the enigma behind this catastrophic collapse unveils a tangled web of financial intricacies and systemic vulnerabilities. Tianrui's woes are emblematic of the perils lurking within certain segments of China's corporate landscape, particularly among lesser-known entities burdened by opaque ownership structures and precarious financing strategies. High Stakes and Hidden Risks: Central to Tianrui's unraveling is its reliance on a concentrated ownership model, with its controlling shareholder, Li Liufa, and his spouse commanding a substantial 70% stake in the company. Such lopsided ownership, compounded by the practice of pledging shares as collateral for loans, exposed Tianrui to the treacherous waters of margin calls and investor panic. Navigating Turbulent Waters: Against the backdrop of China's escalating property crisis, Tianrui found itself caught in a perfect storm of adverse market conditions. The company's staggering transition from profitability to a net loss of 634 million yuan ($87.7 million) underscores the harsh realities of weakened demand, cutthroat competition, and soaring raw material costs plaguing the cement industry. Lessons Learned and Future Outlook: The harrowing saga of Tianrui serves as a poignant reminder of the inherent risks lurking within the shadowy corridors of China's corporate landscape. As investors grapple with the aftermath of this seismic event, regulators and market participants alike are compelled to scrutinize corporate governance practices and fortify safeguards against future financial meltdowns. Technical Outlook China's Tianrui Group Cement Co., ( GETTEX:T18 ) stock lies far below the obersold territory with a Relative Strength Index (RSI) of 0.19 indicating strong selling pressure from the bears. The stock is trading far below the 200, 100 and 50-Day Moving Averages (MA) respectively.
GETTEX:T18
by DEXWireNews
Backtests how tradingview mislead results with HL wicks orders ?Anybody could explain to me how to avoid a take profit order being filled on tops of wicks ? In this example I'm backtesting AMD gettex whole history. First of all I think this 900% wick is erroneous data. Then, I activated the option "After order is filled" and I'm backtesting the 1W timeframe. This bug gets triggered often on stop sell orders. I think I managed to avoid it on limit buy by checking programmatically if bar's open is after or before. Kinda complicated to sort it out.
GETTEX:AMDLong
by sleptongems
RENK "Long" is the trade of year ! Disclaimer: This is not a financial advise. RENK is a new IPO for German defense industry however the company was found in 1873 in Augsburg. They produce back-bone parts of the German 21st century mighty war machine "Leopard 2". Also have to note here, that Germany is about to pour in billions of euros for producing armed vehicles and RENK produces most important components of all of them ! They would also give payout potentially a dividend for first time. According to my analysis, buy these shares as much as possible while they are cheap. Do not leverage, cause could be really high volatility Trade safe, Trade good, Make money !
GETTEX:R3NKLong
by Mudabbir_sidx
1
Porsche reclaims higher price tags and wants to join its peersLast year in September, we analyzed Porsche's stock following its 2022 initial public offering. At the time, we noted Porsche's shares had great prospects in the long term and viewed a potential pullback in price as a great opportunity to buy this stock at relatively reasonable prices (judging by Porsche’s performance during its short life span on the exchange). When Porsche was still trading above €100, we eyed an ideal entry 10% below its market price. However, we also emphasized the need to leave some more capital aside to execute additional purchases once the opportunity arises. After patiently waiting a few months, we signaled another opportunity in late January 2024 when Porsche was trading near its all-time lows, looking relatively cheap to its peers like BMW and Mercedes-Benz. Fast forward to today, and shares of Porsche are trading up about 30% from that level and above the level we signaled in late September 2023 as well (above the area between €90 and €92). As far as our outlook goes, we remain bullish on Porsche in the long term and believe it has a chance to reclaim all-time highs and continue higher (though it might be a rocky ride). Illustration 1.01 Illustration 1.01 shows the daily chart of Porsche stock and simple support/resistance levels derived from peaks and troughs. Technical analysis gauge Daily time frame = Bullish Weekly time frame = Bullish *The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of RSI, MACD, Stochastic, DM+-, ADX, and moving averages. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor or any other entity. Therefore, your own due diligence is highly advised before entering a trade.
XETR:P911Long
by Tradersweekly
2
Volkswagen in Focus: Analysis and Initial SuccessesVolkswagen's chart has been performing well, aligning nicely with our expectations, though it might not apply universally for all Elliott Wave Analysts. We've made three entries into Volkswagen, closing one while still holding two. Our first buying decision was timed during significant pressure on the German stock market, particularly impacting the automotive sector. Since then, the movement has been favorable, and broadly speaking, we believe we entered near what appears to be a foundational low. Whether this proves to be the absolute bottom or if a new bottom emerges in the years ahead remains to be seen. However, we can confidently state we entered at a local low, with our positions showing a 12% increase since the last entry and a 23% increase from the first open entry. We're keenly interested in how Volkswagen's dividend yield will play out and what the future holds, which looks promising at this stage. We'll continue to closely monitor and analyze this stock, keeping our positions open without any current reason to close. Having already secured some profits and adjusted our stop-loss to our entry price, we're well-positioned. Should any changes be made, we'll certainly keep you informed.
XETR:VOW3Long
by stromm
Volkswagen: Limit Order Set for Surge to €200!At Volkswagen, we're now placing a limit order for Wave (ii), as we've once again failed to master and reclaim the trend channel. Consequently, we've fallen below it again. However, we believe we're dealing with Wave (ii) and anticipate a significant push upwards after a bit more selling pressure. This situation has a somewhat sour aspect, as it's possible we're facing an unfinished Wave ((ii)). In such a scenario, we should form a double bottom, given that the currently assumed Wave (i) is precisely at 100% of the overarching Wave ((ii)). Therefore, we want to set an relatively larger stop-loss to ensure safety and avoid being stopped out. Looking upwards, we have high expectations for Volkswagen and therefore have no concerns about sacrificing a few percentage points downward, as the upward potential is significant, with a minimum level of euros up to 200€. Hence, we see no issue in slightly increasing the stop-loss.
XETR:VOW3Long
by stromm
75: Douglas AG: Is it Time to Accumulate at Current Prices?Douglas, the parfumerie chain, has experienced a significant decline in its stock price since its initial public offering (IPO). With the stock now trading around 50% lower than its IPO price, it appears to be approaching a potential accumulation zone between the price range of 20 and 15 euros. This analysis explores the possibility of this price level being an attractive opportunity for accumulation, provided that market participants agree with this valuation. Technical Analysis: - Douglas stock has experienced a sharp decline since its IPO, forming a clear downtrend pattern on the charts. - The stock is currently approaching a critical support level in the range of 20 to 15 euros, where it has historically found buying interest. - The Relative Strength Index (RSI) indicator suggests that the stock is approaching oversold conditions, indicating potential exhaustion in selling pressure. Fundamental Analysis: - Despite the recent struggles in its stock price, Douglas remains a prominent player in the parfumerie industry, with a significant presence across Europe. - The IPO proceeds were primarily intended to reduce the company's debt burden, indicating a strategic move towards financial stability. - Douglas has outlined plans for expansion and modernization, which could potentially drive future growth and value creation. Market Sentiment: - The current sentiment towards Douglas stock appears negative due to the substantial decline post-IPO. - However, there may be a shift in sentiment if market participants perceive the current price level as attractive for accumulation. - Dealer activity and institutional investor sentiment will be crucial in determining whether the stock finds support in the indicated price range. The recent decline in Douglas stock price post-IPO presents a potential opportunity for accumulation, with the stock nearing a key support level between 20 and 15 euros. However, investor sentiment and dealer activity will play a vital role in confirming whether this price range indeed serves as a favorable accumulation zone. Traders and investors should closely monitor price action and market dynamics before making any investment decisions regarding Douglas stock.
XETR:DOU
by Soldi75
SID Potential Breakout State Bank of India $GETTEX:SIDSID Potential Breakout Analysis GETTEX:SID is showing signs of a potential breakout based on technical analysis, indicating a favorable moment to explore investing in the State Bank of India (SBI). Why State Bank of India (SBI)? State Bank of India (SBI), as one of the largest and most reputable banks in India, offers a compelling investment opportunity for various reasons: Market Presence: SBI's extensive network and dominant market position in the Indian banking sector provide stability and potential growth opportunities for investors. Financial Performance: The bank's solid financial performance, robust asset quality, and prudent risk management practices make it a reliable choice for long-term investments. Economic Growth: With India's economy poised for continued expansion, SBI stands to benefit from increased banking services demand, infrastructure development, and financial inclusion initiatives. Key Reasons to Consider State Bank of India: Diversified Portfolio: SBI offers a wide range of banking products and services catering to diverse customer segments, enhancing revenue streams and mitigating risks. Digital Transformation: SBI's focus on digital innovation and technology integration positions it well to adapt to changing market dynamics and meet customer expectations effectively. Government Backing: As a government-owned bank, SBI enjoys implicit support, adding a layer of stability and credibility to its operations. Exploring investment opportunities in the State Bank of India could offer a blend of stability, growth potential, and exposure to India's thriving economy. Keep an eye on GETTEX:SID for further indications of a breakout to make well-informed investment decisions.
GETTEX:SIDLong
by holacarlosmartinez
Deutsche Bank: Next Big Leap Ahead? Starting our analysis for the Deutsche Bank chart at the Corona low of $4.45, we have since seen an uptrend developing with a Wave (1) and already a Wave (2), placing us in the overarching Wave (3). Within this Wave (3), we're looking for potential entry points. We've also developed Waves 1 and 2 and are currently, as seen on the 4-hour chart. We want to enter at the end of this coming wave ((iv)). We expect to reach between 38% and 50% retracement, with the possibility of hitting 61.8%, but not much lower, as we would need to invalidate the scenario if the price falls into the level of Wave 1 for an extended period. Looking upward, we set our target at a minimum of €16.16, which corresponds to the 161.8% extension. The chart clearly shows that we are experiencing lower highs and equal or lower lows. Thus, we believe there will be a downturn before the price moves higher. Our entry zone is at $11.37, with our stop-loss just above $10, but also just below the invalidation zone.
XETR:DBKLong
by stromm
1
SONAE: Fundamental figures too good to overlook. Time to buy?Fundamental Analysis EBITDA: +7.2% YoY (to €990M in 2023) Margin: 11.8% (-0.2 points YoY) Net Income Group Share = 357 (+6.3% YoY) PER: 1680 / 357 = 4.71 (heavily undervalued considering below data and historical PERs) Net Gearing (Net Debt To Equity Ratio, ): 526/3462 = 0.15 (15%, Prudent) Total Debt To Equity Ratio: 5383 / 3462 = 1.55 (around 1 to 1.5 is healthy according to British Business Bank's article "Debt to equity ratios for healthy businesses") Current ratio: 2010/2502= 0.80 (not healthy and almost unchanged with respect to 2022, see next line. According to Wall Street Prep, 1.5 to 3.0 is healthy) Net Debt to Ebitda = 526 / 990 = 0.53 Working Capital = -1220M€, keeps being negative. Very interesting article from eFinanceManagement explains the Advantages of Negative Working Capital for a cash-rich company whose operating cycle is fast (it may mean that they can bargain very well with their suppliers who provide the funds and the flexible time limit to pay). Prev Current ratio (2022): 1938/2465 = 0.79 Proposed dividend for 2023: 0.05639€ EPS = 357M€ / 2000M = 0.18€/share (ATH?) Current dividend yield = 6.19% Dividend Payout Ratio = x 100 = 31% Free cash flow Dividend payout ratio = x 100 = 60% Technical Analysis There was a disjoint channel happening since July 2022 on the Daily Graph in which the share price dropped out in the lower end in December 2023. Since the company has very good fundamentals, the possibility of an inverse H&S could be around the corner, having an interesting point of entry at 0.78-0.81. However, the share price is already heavily undervalued considering the fundamental analysis previously done. The daily RSI (14) bounced back in March 2023 from below 30 directly to the upper band at 70 indicating the possibility of a continuation of share price upward movement up to +20%. Therefore, it is up to the investor to decide whether at current prices (0.85-0.88€) is already worth the risk (if the 0.78€ ever gets touched and then bounces back up, the drawdown risk would be -11.4%). Finally, it is expected that on May the company will pay the dividend. Therefore, the share price may re-adjust its value upwards in April before the dividend is paid and the share price is subsequently slashed down again. Have a great week ahead.
GETTEX:YSONLong
by alexinve
A clear buy if it stays more than 2 weeks above EUR 25 ps.Fundamentals for European shopping mall REITs have improved dramatically and they are coming out of a 9 year old long bear market, now appearing to break out out a consolidation pattern formed in the past 3 years. What initially started as revenue cannibalization and retail death due to e-commerce was followed by COVID, and then a perfect storm of higher interest rates, lower consumer disposable income due to increased electricity prices, and portfolio mark-downs. Though revenue cannibalization from e-commerce still persists, operators have re-shifted their portfolios more towards services, capitalizing on good locations, good infrastructure and parking opportunities. With interest rates having stabilized (for now at least) and consumer spending recovering due to wage increases and lower electricity prices, and the most leveraged REITs having successfully conluded deleverating operations, the massively marked down valuations of European REITs are set for a rebound. This rebound has already started in some of Klepierre's peers, such as Mercialys, Olav Thon Gruppen, Unibail Rodamco Westfield, and NEPI Rockastle, which for the last two weeks have consistently held prices above breakout levels. Priced at just 9.4x current year earnings with large potential for earnings upgrades, this is definely one to watch.
GETTEX:KPRLong
by Aeolusinvestor