Correction could now be over @ 62% retrace. Looking for a move up to the upper trend line into 2027 based on previous cycles. + Momentum divergence at the c wave low suggests energy is building for the next move higher. Trendchanges and its author are not registered financial advisors. Everything that is documented by Trendchanges and its author within the...
Reloading this trade based on the chart breakout. Very steep pullback after the last breakout. Lets see if we now have the energy to continue moving higher. The bottoming of the business cycle and rising liquidity should now begin to drive bitcoin and Crypto assets higher. Price to book value 0.62 Price to Tang. book 0.68 Price to free cash flow 1.86 Price to...
The bottoming of the business cycle and rising liquidity should now begin to drive bitcoin and Crypto assets higher. Price to book value 0.62 Price to Tang. book 0.68 Price to free cash flow 1.86 Price to sales 1.04 Value indicators point to a turn around. Small Cap Value High beta Technology Nasdaq Semiconductors The company ticks all the right boxes for...
The price looks to be reversing at the 62% retrace. Has put in a Head and Shoulders pattern on the daily time frame. Great time to add to long positions. Trendchanges and its author are not registered financial advisors. Everything that is documented by Trendchanges and its author within the news letter or online should be interpreted as market...
This could be the start of a new Uptrend. Price action is looking constructive with a more clearly defined trend channel. Potential breakaway gap, if not closed is a bullish development. Previous areas of support & resistance above shown by dashed red lines. If price can break and hold above 45.00p that would offer additional support. Trendchanges and...
Petrofac, a global oilfield services provider, has recently faced challenges reflected in its balance sheet problems, causing a significant decline in its share price. However, for savvy investors, this downturn may present a compelling risk-to-reward entry point. The company's strategic moves to address its financial issues and reposition itself in the market...
The breakout of the down sloping trend channel brings into view the target area of 31000.
LIO is now at an area which should provide a spring board for the next move higher. Looking at some key ratios reveals price is already offering great value here: PE Ratio 7.7 EV to EBITDA 3.8 Dividend Yield 12.00% We have the confluence of chart support and trend line support coming into play. The meeting of these on a technical level usually provides...
The decline in house building stocks appears to be nearing its end. The end of the hiking cycle should improve sentiment for householders. The price is approaching the lower end of the trend channel and represents an attractive risk/reward opportunity.
US 10Y Treasury yields look to have completed an ending diagonal. Price has broken out of the pattern and looks under pressure. Momentum and RSI indicators are weakening. short to medium term bearish outlook as a result. A move above the red line would invalidate the outlook.