Copper has had a monster run to the upside.
Its clearly going to affect aspects in the economy by applying upward pressure on inflation and downward pressure on home builders and construction.
Copper surging shows resilience in the global economy but simultaneously high copper prices could cure this rushing demand.
Copper technicals are screaming a pullback,...
Energy companies are looking interesting to me.
This one has a rather nice setup showing for longer term trading, but some of the bigger movements may occur quickly, especially around earnings (14th FEB)
Chart is a little weird because I'm still looking at multiple options for this. But overall, teal or orange are both possible based on current trends.
I like...
Paradoxically, aluminium was one of the worst performing base metals over the past month (22 May to 23 June 2023) despite the bauxite ore ban potentially tightening the market. In 2022, Indonesia produced some 21 million tonnes of bauxite, according to data from the US Geological Survey, making it the world’s fifth-largest producer. Almost 85 percent was exported...
Renewable energy investments are in high demand by many investors, but many of these companies aren't very profitable yet or are unattractive due to other fundamental issues. NextEra Energy and NextEra Energy Partners are outliers, however, as they are highly profitable while also providing a growing income stream for their owners. In this report, I'll show why I...
The technical figure Channel Up can be found in the daily chart of the French company Legrand (LR.pa). Legrand is a French industrial group. It is one of the world leaders in electrical and digital building infrastructures and connected solutions. Legrand is established in 90 countries and its products are distributed in nearly 180. It generates 85% of its sales...
ComED is on the edge of completing the 1.618 extension of this Perfect Bearish AB=CD:
So long as it can hold above the 1.13 everything should be fine. I will be playing this via options by buying some calls in the $40s that are a couple months out and when the 1.618 is hit i will consider flipping my position.
Hello Folks,
Seems like Energy Sector is attractive right now.
Looking at many European companies (Producers and Electricity Suppliers) could reveal interesting bets for mid-term // or several months during Winter.
ENEL is one of Such companies. Need to dig deeper into Fundamentals. BUT for now considering Technical Analysis of Chart. Seems like Stock is down...
Hello Traders,
Seems like Crude oil formed amazing 1:1 (A:C) Corrective pattern as setup for next Bullish Rally.
So there could be several more months with prices and gains for miners. Also it could cause increase of Inflation and Electricity prices.
I´m staying out of this market, because I really lack experience how to play it (Any advice in comments is...
China Energy Engineering (3996.HK) breakthrough rectangle pattern and there is 20% potential upside. Fundamental are positive since China had a hot summer and the demand for electricity increase. CEE is a electricity related stock and stage positive from short-term trend. Stop-loss level is set at 1.03 HKD .
After another ~ year & 1/2 consolidation period, it appears that Vicor may be ready to break from its wedge. A few hints that stood out in my eyes:
-Bottoming stochastics on the weekly timeframe
-Considerable jump in recent buyer volume
-Clear break past the 0.786 fib level ($100.73), which has proved to be a formidable resistance in the past
This chart and...
Hi Traders,
This is just my Idea about very potential company for next 5-10 years. (If electromobility can win th battle against hydrogen, than this is one of TESLA competitors.)
Consider your RRR Strategy + Fundaments (Entire market could get into Bear market as well).
Buy zone right now is around 10-7 USD ... Sell zones are marked for partial take profit....
The world leaders have begun to create a synthetic crisis. This crisis is far scarier - the energy crisis.
It is not an accident that coal-fired power plants in Great Britain were not just shut down or canned. They exploded it without any chance to rebuild. It gave the island 44% of its generation in 2012.
Britain is developing a plan to build a 3,800 km long...
***None of the idea I share, including this one, should be taken as financial advise. Tread lightly and if ever you find yourself certain of something, think again.***
Previous Idea and Trend
In my previous idea (linked) on PCG I said I'd expect this stock to struggle downward most of the summer and reach a strong support level in the low $9.00 range. This has...
***None of my ideas, this on included, are financial advise. Tread cautiously. Markets are know to enjoy punishing the un-wary.***
Previous Idea, Profit, and Short-term Movement
I've shared a couple ideas on Southern Company and thus far the stock movement has been very predictable; moving around earnings and payouts. Based on my previous idea (linked), I just...
Momentum on the daily is moving favorably though the stock didn't hold the engulfing pattern. RSI corroborates the downward trend with most recent standing of "oversold" as it touches the 200 SMA. I'm looking at a bounce off the 200 SMA over the next couple weeks to hold the upward trajectory SO's held since May 2020.
If we can't hold the 200 SMA this week I'm...
