Here we see a great trading pair, the Vanguard FTSE 250 (VMID) which is very steeply discounted, and the IShares Silver ETF (SSLN).
The only other time VMID was this cheap relative to SSLN was the 2020 crash.
I've sold my Silver on this spike, and am tentatively buying VMID.
I'm aware another Black Swan event and recession may be upon us soon, so I'm keeping...
Continues to look poorly following my analysis a month ago (I sold all my holdings then). It is currently sitting on support and needs to bounce here otherwise I fear it will go a lot lower. (my hope so I can buy back in)
A risky play of course but after losing over 80% of it's value due to JPMorgan selling, Covid 19 & a slowdown in sales, company has sold 2 assets & have at present around £142m in cash
I believe a lot of the turmoil is already priced in ahead of results.
Mcap is at £142m which means their business is valued at cash level.
Very undervalued considering their cash...
FTSE 250 compared to Feb 18
Suggests a low of about 1680, recovery to 2040 then a new low in April of 1600. 20% drop is already in.
Extreme bear case where two arrows are equivalent is grey line, implies 800 !
Long opportunities continue to present themselves while this technical standpoint continues to play out. Sized in from the bottom and looking to sit on my hands to take profit at key levels on the chart. Trade with care.
Note: This idea follows my own tried and testing trading strategy and rules. This idea does not constitute trading guidance for anyone else.
DM...
Buy Just Group (JUST.L)
Just Group plc, formerly JRP Group plc, is a financial services company. Its segments are insurance, other segments and corporate activities. The insurance segment writes insurance products for the retirement market, which include guaranteed income for life solutions and defined benefit de-risking solutions, care plans, and drawdown...
Buy Babcock (BAB.L)
Babcock International Group PLC is a holding company. The Company provides engineering services. Its segments include Marine and Technology, Defence and Security, Support Services and International. The Marine and Technology segment delivers support to the United Kingdom Royal Navy's submarines, naval ships and infrastructure. It also offers...
Using Weinstein stage analysis on the weekly chart we see that HWDN is potentially entering Stage 2 having broken out of a minor Stage 1 resistance and retested the 30MA. Watching for a break above the upper golden trendline drawn from the previous Stage 3 highs. The upper and lower golden trendlines indicate a bullish triangle pattern and is very close to an...
This looks to be a 4th wave of a C wave down. After this I'm expecting another 5 wave down. I could of course be wrong and I am no expert. Please give me your thoughts?
I do not know anyone who actually trades this instrument. But the fact that the market exists, suggests that someone is interested. I am sure there are some funds that track this market. Some retirements are invested here.
The U.K. Mid Caps market, like all markets, has taken a beating since the summer of last year confirming a recession (we will only hear that...
In addition (and contrast) to my previous post, there is likely to be a good profitable move up when price gets down to 14750/14215.
Price moved very strongly away from there in October - this suggested a lot of institutional interest to buy at that level. We want to buy where they buy and sell where they sell.
Targets will be the 17500s!
EP: 14750/14500...
