Classic Cup & Handle pattern formingGreat earnings, Trainline's earnings performance in 2024 is significantly better compared to 2019, with the company reporting strong growth in revenue, net income, and profitability metrics.
And current price is 40% lower than ATH of early 2020s, Huge upward potential.
Will Aston Martin return to its former glory ? LSE:AML
Aston Martin shares are down around 35% since the beginning of 2024. Shares continues to decline since august 2023 what´s around another 30% (65% from august 2023 till now). Aston Martin shares don´t look fresh even from wider perspective as you can see the historic chart.
Company itself has occurred in kind of transition since Lawrence Stroll became executive chairman in early 2020 with 16,7% stake in the company. Moreover he re-branded F1 team Racing Point as the Aston Martin F1 Team in 2021. He´s really into it.
Briefly about Aston Martin F1 Team 🏎️:
- Lawrence Stroll´s given his son every opportunity to become an F1 driver. He became a stable part of F1
- Stroll said Aston Martin sees its first victory in F1 this year
- building new Aston Martin factory
Company signed new CEO Adrian Hallmark as a part of transition. Former Chairman and CEO of Bentley Motors will replace Amedeo Felisa no later than 1st October 2024.
Aston Martin also announced the delivery of four new models in 2024 (Vantage, upgraded DBX707, V12 flagship sports car and more) which would power growth in the second half of the year and beyond.
All these news sounds good. ✔️ However the finances don´t look so great.
Aston Martin´s still BLEEDING. 💉
- widening losses in the first quarter due to stopped production of its core models ahead of a launch a new vehicles
- revenue fell 10% to 267.7£
- debt increased 20% to 1.04£
- wholesale volumes slumped by 35% in Americas, by 30% in the U.K., by 14% in Asia-Pacific and by 17% in the wider Europe, ME and Africa region
Will Aston Martin shine again ? Well, it seems that only time will tell us whether they´ll succeed
Fun fact:
Aston Martin officially opened new "Aston Martin Residences Miami", an ultra-luxury brand´s first real estate project.
You can read more about the project at official Aston Martin page.
Sources:
cnbc.com
astonmartin.com
A little patience is required.It still looks in great shape as it digests the recent 40%+ move. And the correction seems to be neatly contained in parallel lines, which is often a very positive sign.
As long as it stays above the 61.80% retracement level (£499), then I'm bullish.
When it finds a bottom, then more accurate targets for the other waves can be made.
AHT - 13 months RECTANGLE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
═════════════════════════════
⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
Hargreaves Lansdown. Great share brokerI’ve been using Hargreaves as my broker for many years and can’t speak highly enough about them, place a deal online, job done. Helpful staff who answer the phone in seconds.
Share price performance not so good but looking like it’s recovering.
Forget all this technical analysis malarkey. Dividend yield %5.5. No brainier buy and hold for me
Darktrace. When will it be a FTSE 100 stock ?Cybersecurity company Darktrace has had a fantastic run recently.
The company have recently raised profit forecasts and a number of brokers have raised the price target for the share price, one analyst is forecasting £8.00 from memory.
Looking at the current market cap, Darktrace is 3.21B. Compare this to Ocado, who are at present in the FTSE 100 .Their market cap currently stands at 2.853B.
If Darktrace became a FTSE constituent then tracker funds would need to buy in.
Excellent technical analysis by previous posts. What do you guys think now ?
Will it bounce ?Ocado Group has been a terrible stock to hold as any long term investor knows only too well.
Price is currently £3.50, back to the level last seen June 2023. As can be seen on the chart the price rallied strongly from this point.
The 4hr candle chart has just posted a bullish engulfing pattern, it must be noted the ftse is currently up 60 points and change. Ocado currently up 2%.
The Trading View standard rsi divergence indicator has also given a buy signal.
May be worth a nibble ?
Revolution Beauty. Great turnaround story ?On 27th March Revolution Beauty released improved guidance of FY Adjusted core profit of at least £12.5 Mln compared to previous guidance of between £11m and 12m.
The company has endured a turbulent history, new management look like they are turning things around.
Results are out on 1st May
Top 20 Tips for 2021Please find a portfolio of 20 shares that I have assembled that I believe can perform very well. Please also note that this is the first time I am doing this portfolio on trading view and it is currently a prototype. The companies are listed in no particular order.
1. Hollywood bowl
2. Atalaya mining
3. ASOS
4. AMD
5. Royal Dutch Shell B
6. Ferrexpo
7. Hunting
8. Whitbread
9. Crystal Amber
10. Savannah resources
11. Centamin
12. Barclays
13. Aviva
14. Just group
15. Standard chartered
16. Anglo American
17. Ten entertainment
18. Avon protection
19. Redrow
20. Impact healthcare REIT
Please note: The prices will be published at the end of the trading session
Investment Opportunity BPI share this analysis because it's really interesting how the price moved.
We can see a Vertical Accumulation of orders.:
SC
ST
STB
ST
SPRING
in a long periode, due to this, we can really expect the price to have a bullish move upside, potentially not now but for me it's worth taking a trade even if the zone is not optimized.
Vodaphone. Golden cross on 4hr time frame.Vodafone is currently near recent lows. Recent Price action has formed a rising wedge pattern.
Looking at the 4 hour chart the 50ma has crossed above the 200ma, a golden cross.
Rising rsi is also in an uptrend.
I suspect the price will move out of wedge, my guess is it will be upwards.
Do your own research of course.
What do you think?
Future PLC: A Compelling Buy with a Bright OutlookIn the ever-evolving landscape of digital publishing and price comparison, LSE:FUTR Future PLC stands out as a beacon of robust growth and potential. Founded in 1985 and headquartered in Bath, the United Kingdom, Future PLC has carved a niche for itself by publishing and distributing content across a spectrum of sectors including games, entertainment, technology, sports, and more. With its shares currently priced at an attractively low point, there’s a strong case to be made for considering Future PLC as a buy trade, with a current buy-in at 700 and ambitious targets of 1,400 and 2,100.
Encouraging Performance and Strategic Growth
Future PLC's recent first-half trading update has been met with optimism, described by analysts as "encouraging" and "broadly reassuring". The company has demonstrated a return to organic revenue growth, a testament to the effectiveness of its diversified business model that spans Media and Magazine segments. This rebound is particularly notable in its operations such as Go.Compare, B2B, and Magazines, despite the headwinds faced in affiliate products and digital advertising amid macroeconomic uncertainties.
The stabilisation in website user trends and the initial progress of the Growth Acceleration Strategy (GAS) underscore the company's adaptive and forward-looking management approach. Analyst Jessica Pok from Panmure Gordon remarked on these developments as positive signs, highlighting the stock's attractive valuation at just 5 times FY25E PE.
Valuation and Market Position
One cannot overlook the compelling valuation metrics that underscore Future PLC's investment appeal. Currently trading at a PE ratio of just 6.9, the company is significantly undervalued when compared to the peer average of 11.8. This discrepancy not only points to the stock’s anomalously low price but also signals substantial upside potential. Should Future PLC’s PE ratio align with the sector average, the implications for its share price could be profound, elevating it well beyond its current level of 700.
Moreover, based on a discounted cash flow model, Future PLC's fair value is estimated at 2,597, suggesting that the shares are currently 73.7% undervalued. This valuation presents a compelling case for the stock as a buy, with the current price offering a substantial margin of safety and an attractive entry point for investors seeking both growth and value.
Looking Ahead
As Future PLC continues to implement its strategic initiatives under the GAS, there is a keen anticipation of improved performance in affiliate and digital advertising revenues. This improvement, as broker Roddy Davidson at Shore Capital suggests, will be pivotal for a meaningful recovery in share price and for gaining traction across its growth strategies.
The digital publishing and price comparison sectors are replete with challenges but also abundant with opportunities. Future PLC, with its diversified portfolio, strategic growth initiatives, and currently undervalued shares, presents an enticing prospect for investors looking to capitalise on these opportunities. Its low PE ratio, compared to peers, and the significant undervaluation based on fair value, all point to Future PLC not just as a stock to watch, but as a compelling buy in today's market.
For investors and traders alike, the current valuation of Future PLC offers a rare convergence of growth prospects and value, making it a standout choice in the dynamic and competitive landscape of digital media and financial services.
MNDI: building a base?A price action above 1403 supports a bullish trend direction.
The 200-day simple moving average might act as major support.
Increase long exposure for a break above 1450.
The target price is set at 1501 (just above its 23.6% Fibonacci retracement level).
The stop-loss price is set at 1366 (its 200-day simple moving average).
Remains a risky trade.
TUI - 1 year HEAD & SHOULDERS══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
═════════════════════════════
⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.