Hello! Here is my fundamental case to be short AUDJPY 1) Strengthening economy in Japan - Is Japan finally out of its 30 year lul? 2) Weakening Economy in Australia - Are interest rates finally starting to effect the economy? 3) Extreme household debt in Australia due to the extreme property hype cycle (People say its because of immigration, I think this is just...
Buy CNOOC here due to the following technical and fundamental reasons: Technical -50% Retracement of the last move up - Support at 50 Day moving average at about $18.00 Fundamental - 2014 Forward PE ratio of 5.5 - Growth in South China sea fields. - Recent China govt policy support of the stock market - Highly supportive dividend yield of 8% - Strong balance...
CBA has already qualified for putting in a double top with a divergent RSI on the daily. I would like to short here at $144 with a target of $130 and a stop of $147. (Risk reward is about 4.5 to 1) Thanks Kavi
Id like to take a swing short on LLY due to its failed breakout and mini head and shoulders pattern. Enter at 910 with a stop on a daily close above 912. Target is 870. Thanks Kavi
Hello! Id like to be short Royal Bank of Canada here at $168.8 as it has divergences vs Commonwealth Bank of Australia (Who are in a very similar position) and on its RSI. We had a similar instance in 2023, that ignited a 20% decline in Royal Bank of Canadas share price. Target is an 11% decline to the January 2022 high at $150. Stop is just a couple of...
The great thing about a China reopening play is that no one is talking about it now. Everyone's mind is on Interest rates. Macau has resumed tour groups and Melco is a buy. Entry 6.4 Target 9.0 Stop: 5.5 (Based on Fib Retracement) Cheers, Kavi
Good Day Fellow investors! When looking for a company that is 1. Globally Diversified 2. Highly undervalued from a free cash flow perspective 3. Has decent growth potential (Over 10%) choices are limited! However Modern Dental does meet all of these criteria.. 1. Revenues are globally diversified with about 35% coming from Europe 25% USA and 40% Remainder...
Experience has taught me that when solid companies are on discount.... buy them and don't let go! A solid 5% + Dividend... Cost barely above book value, Insider purchases, company buybacks... are some of the reasons this looks like its time to buy. This is a great set up for a trade and for a buy-and-hold Double bottom as the stop loss Entry: HKD...
As the Australian 10 Year Yield has hit the 50% Fib Level, I am going Long Bonds (Short Yields) Entry 1.5 Target 1 Stop loss 1.65 I believe the market reaction to Tapering (Yields going up) will be faded and yields will soon be back down to support levels. Cheers, Kavi
Long Solana as it is breaking out of the Bull Flag Entry 148 Target 185 Stop Daily Close under 135
Short Polkadot at 25 due to descending triangle (Bearish pattern) Stop loss: A daily close above 26. Target 21. Risk / Reward: 4:1
Tesla is a good short here between 730 - 780..... It is acting exactly like the Nasdaq 2000 Bubble Top
Any Non-US Investors feel like they may have missed the boat for the Energy Trade? Well, the recent US Blacklisting of US firms may have offered a second chance. CNOOC, China's 3rd largest oil producer.... with diversified oil assets around the world, a strong balance sheet and a 2022 Projected Free Cash flow yield ($65ish oil) of over 35% has broken out in...