The Australian dollar is unchanged at the time of writing, trading at 0.6692 in the European session. There are no economic releases out of the US or Australia today, which should translate into a quiet day for AUD/USD. The Aussie is coming off an excellent week, gaining 1.36% and hitting its highest level since January. In the month of May, AUD/USD has surged...
see the details on the chart. Fundamentals, back into profit, sales up, good national company, strong buying power, very good track record, due to covid and cost of staff/utilities/inflation took a hit recently, but its on the uptrend. Technical is on the charts. As always its not an advise, please comment if you like or dislike my take on it.
It is now showing the potential to break out in Wave 3. If it fails, then it could still be filling out a larger wave 2. Still looking good!
BGEO has been in a nice uptrend for some time now but is it really the time to switch the flip now? What we see on a chart is a healthy correction and touching the trendline support but there is a big BUT. Amidst this current situation in Georgia, Tbilisi, people has been protesting the "Russian Law" which turned now into protesting the government itself. This...
ORPI 1H support is now at ~$2.17 Enter 50% at the current price and try to set some BUY orders near the support zone Cheers
If silver is moving up, the largest producer of silver should benefit and its price is close to a key support level. So odds are its price plays catch up to the new price of silver.
Firstly, does WATR possess a high quality balance sheet and growth prospects on a fundamental level? YES!! The company has $23m cash and $21m of borrowings, with FCF increasing from $6m in 22 to an estimated $7.4m in 23 and $9m in 24, owing to a reduction in CAPEX. The only thing I don't like about the balance sheet is the high amount of intangible assets, but,...
Details are on the chart to make it easier to follow the idea. This is not an advise to buy or sell the stock, sharing my knowledge. what are your thoughts?
Asc triangle moving up, with prior track record UK stock height of triangle gives target, long term chart, confirmation given by UK FTSE also moving up, also European indices eg MIB moving up. Reliable steady stock Enter using limit orders on any pull backs to top of triangle Stop out if price re enters triangle Target trailing stop, take 85% at target, which...
Ubisoft Entertainment aka ubi "bug" is a french video game publisher headquartered in Saint-Mandé with development studios across the world. Its video game franchises include Assassin's Creed, Far Cry, For Honor, Just Dance, Prince of Persia, Rabbids, Rayman, Tom Clancy's, and Watch Dogs. Ubisoft was one early investors in web3 technologies and projects too last...
CMC markets hit a 3-year low of 100GBX after news of lower revenue expectations but found huge support at the level with an immediate jump of 16% in 2 trading days. Fundamentally, CMC is trading at around 1X revenue. Given that CMC is a global, established, and profitable company, with consistent growth in its customer base. I think that the 100 GBX price was a...
After 10 years, Vodafone seems to have reach the bottom. Long consolidation periods (yellow), and 2 downward channels led us to a rock bottom of 63GBP. The last downward channel appears now to be broken with immediate resistance at 103 GBP. Positive outlook as long term investment.
After multiple attempts at failing to break the blue resistance line price has closed strongly above this level today. The catalyst for this was the release of good results, check them out for yourself. In addition to this they have just got approval from their Spanish business for $5 billion. Ker-ching. They have also announced a £500 million share buyback...
BATS is a company where its financial performance and robustness is not reflected by it's share price, mainly owing to investor sentiment towards the sector it sits within and the fear of ever changing regulation of its products. It is currently generating £8.5bn in free cash flow, more than enough to pay the annual dividend and please any accountant that the...
The FTSE 100’s recent surge has been led by the pharmaceutical sector, marking a 13.7% increase in just the last month. Let’s delve into the standout performers that are leading the rally. AstraZeneca (AZN): +14.5% YTD AstraZeneca’s share price jumped higher following the release of a market-beating set of results… In the first quarter of 2024, AstraZeneca...
In Feb 23 Foxtons made ranged instead of breaking out. It then took 10 month to head upwards. It tested its 30 day moving average in April and now more news of a sale process has led to today's increase of 6-10% in one day. Resistance hit during Feb 2020 was 97 and this could be hit again. Do your own research and trading and this is not a solicitation to...
This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators. * Trend is Based on TrapZone Color * Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves. * Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply &...
TPICAP short idea you see the entry and stop loss . short imo lets see what happens :)