Get started
Our opinion on the current state of RCLRCL is a large producer of food, sugar products, and chicken in South Africa, which is owned 80.4% by Remgro. The company owns a number of very well-known South African brands such as 5 Star maize meal, Farmer Brown, and Yum Yum peanut butter. It competes with overseas imports of sugar, chicken, and other foods. It was impacted by the listeriosis outbreak, which damaged the market for processed meats and caused costs estimated at about R158m. The company has been impacted by the weak economy, low consumer spending, and high unemployment. The company, through the SA Poultry Association, is petitioning the International Trade Administration Commission (ITAC) for an 82% increase in the tariffs on imported chicken. On 2nd December 2020, the company announced that Remgro had increased its stake by buying 100m shares at R8,05 each. On 29th March 2023, the company announced that it had sold Vector Logistics for R1,25bn. On 4th June 2024, the company announced that it would unbundle and separately list Rainbow Chicken. RCL shareholders got 1 Rainbow share for every RCL share that they held on 25th June 2024. On 10th June 2024, the company published Rainbow's pre-listing statement, with the last day to trade being 25th June 2024. In its results for the year to 30th June 2024, the company reported revenue up 6.8% and headline earnings per share (HEPS) from continuing operations up 31%. The company said, "EBITDA from continuing operations increased by 36.8% to R2 300,5 million (2023: R1 681,6 million). This was mainly driven by a strong result in our Sugar business unit and the recovery of service levels in the Pet Food business within Groceries." In a trading statement for the six months to 31st December 2024, the company estimated that HEPS would increase by between 31.2% and 38.6%. The company said the increase was, "...largely due to, amongst other items, the current period EPS including the non-cash gain realised on accounting for the unbundling of Rainbow, and the comparative period EPS including the gain on disposal of Vector Logistics." The share has been drifting down since Rainbow was unbundled but may now be at the start of a new upward trend.
JSE:RCL
by PDSnetSA
BlackRock... Time to take advantage.Yeah that's right, it's time to buy shares of the bad guy's company. Do you really think a firm safeguarding $11 Trillion in assets is going anywhere? I wouldn't guess, which means any dip that comes along is more than likely a gift from the market. With that being said, NYSE:BLK has seen just under a 9% drop from its regional high. So I'd like to thank the market for making my job easy. However, I would like to identify that I am not calling a bottom, but rather being first to buy the dip so I don't regret it later. Let's get into the specifics... As you can see, BlackRock (along with virtually all other financial institutions) had a fantastic quarterly report which also reflected shareholder optimism. Unfortunately, in the face of economic, foreign, and American financial turmoil. Thankfully, NYSE:BLK experienced a small tumble opening an opportunity for those of us that enjoy buying on discount. So that's nice considering the uncertainty in the world, but what about strategy, do we just buy and pray or is there a target? Well here it is, split up into a "Buy Zone" (that being a gap fill play) and a "Super Buy Zone" (banking on a 200 EMA rebound). This strategy is illustrated below. But wait, what about the Fed? That part is even easier, if we get some rate cuts moving forward, then we buy buy and buy again. However if we get rate raises, understand the the market is going to HATE it, so any financial institutions are going to get crushed. Keep your eyes on all important American Economic metrics here ( FRED:FEDFUNDS , FRED:M1V , FRED:RRPONTSYD ), for alternate financial institutions to look for dips see, ( NYSE:MS , NYSE:JPM , NYSE:C , NYSE:BRK.B , NYSE:BX , NYSE:GS , NYSE:ICE )
NYSE:BLKLong
by addatheriver0808
CRSR (NASDAQ) - 1H Chart Long Trade Setup!🔥 🚀 🔍 Stock: CRSR (NASDAQ) ⏳ Timeframe: 1-Hour Chart 📈 Setup Type: Bullish Breakout 📍 Trade Plan: ✅ Entry Zone: Above $9.25 - $9.92 (Breakout Confirmation) 🟢 Take Profit 1 (TP1): $9.92 (First Resistance Target) 🟢 Take Profit 2 (TP2): $10.60 (Extended Bullish Target) 🚀 Stop-Loss (SL): Below $8.79 (Key Support) 📊 Risk-Reward Ratio: Favorable for a bullish continuation 🚀 🔹 Technical Analysis & Setup: ✅ Pattern: Falling Wedge Breakout 📈 ✅ Breakout Confirmation Needed: Sustained price above $9.25 with volume increase ✅ Support & Resistance Levels: 🔸 $9.25 (Breakout Zone) 🔸 $9.92 (First Major Resistance) 🔸 $10.60 (Extended Target for strong momentum) ✅ Momentum Shift Expected: A breakout above $9.25 could trigger an upside rally 🚀 🔥 Trade Strategy & Refinements: 📊 Volume Confirmation: Look for increasing buying volume above $9.25 📈 📈 Trailing Stop Strategy: Once price reaches TP1 ($9.92), adjust SL higher to secure profits 🛑 💰 Partial Profit Booking: Take partial profits at $9.92 and let the rest ride toward $10.60+ 💵 ⚠️ Fake Breakout Risk: If the price fails to hold above $9.25, reconsider entry ❌ 🚀 Final Thoughts: ✅ Bullish Breakout Potential – High probability of continuation higher 📈 ✅ Momentum Shift Possible – A move above $9.92 could accelerate upside 🚀 ✅ Strong Risk-Reward Setup – SL at $8.79, TP at $9.92 - $10.60+ for optimal gains 📊 Trade Smart & Stick to the Plan! 🏆🔥 🔗 #StockMarket #CRSR #TradingSetup #TechnicalAnalysis #BreakoutTrade #DayTrading #MarketTrends #BullishSetup #ProfittoPath 🚀📈
NASDAQ:CRSRLong
by ProfittoPath
AHLEAST: Poised for a Potential Reversal?AHLEAST is exhibiting a potential "extended retracement" pattern, where the price has bounced back for a Wave B, but is now anticipated to decline further to complete a Wave C. The chart highlights a target zone for this extended retracement between 196-204 INR. This zone is based on a 113%-127% Fibonacci extension of the last swing low, indicating a deeper-than-usual retracement. Currently, the stock is trading at 140.13 INR, significantly below the anticipated completion zone. This suggests further downside is likely. Key Points: Extended Retracement: The pattern suggests a deeper correction is underway. Target Zone: The 196-204 INR range is a key area to watch for potential support and a possible trend reversal. Wave C Completion: The current decline is expected to complete Wave C of the corrective pattern. Considerations: Confirmation: Traders should look for confirmation signals within the target zone, such as bullish candlestick patterns or a break of a short-term downtrend line, before considering a long position. Stop-Loss: A stop-loss below the target zone would be prudent to manage risk, as a break below could lead to further declines. Disclaimer: This analysis is based on the provided chart and is for informational purposes only. It is not financial advice. Trading in the stock market involves risk, and you could lose money. Conduct your own research and consult with a financial advisor before making any investment decisions.  
NSE:AHLEASTLong
by LiveTradingBox
COIN sitting on Support... I see an upcoming bounce ahead of us!Super Bowl Sunday in full effect my TradingVIew peeps! I'm looking at charts, creating a gameplan, and sharing a few ideas while I listen to the pregame. I've loved NASDAQ:COIN for awhile, as I've posted a chart in my Coffee is Brewing segment before and it played out Extremely Well... I will continue to publish what I see with the ultimate hope that we see a profit if we make a decision to jump in. On this current chart, you can see I have provided multiple circles as pivot points... whether for resistance or support. The circles at the Sloping Resistance Trendline were obviously followed by a drop and the circles at the Sloping Support Trendline had a nice bounce. We are right back at the Support lines provided and I'm expecting a bounce. Does it surpass the current resistance and head toward the next resistance, approaching ATHs? Time will tell... Again, as I've said before... I am not a financial guru and definitely not a financial advisor (yet) but I will share with you my claims regarding what price action I see. I'd suggest you complete your own Due Diligence and not jump into mine or anyone else's picks without diving into some analysis yourself. Last and definitely not least, to me, the most important part... Take Profits, Take Profits, Take Profits!!! I cannot stress that enough. Good luck on your trading journey ladies and gentlemen!
NASDAQ:COINLong
by FliCityOptions
1