Potential Short on EUR/USD on London Open, currently in the supply zone. Potentially an Asian High manipulation with a wolfe pattern, target the next structural low at the 1.09 psychological level. Let's go
ZIM has run through a perfect tailwind momentum, increasing its revenues from roughly 3B to around 10B due to the supply chain disruption and energy situation in Europe / Asia. Assuming its revenues will drop back to 4B, the company might still be profitable and the valuations could look attractive. If the company manages a better than expected EPS and better...
Price is 8.9k and a lot of people have made very bearish calls. Given the economic situation and bitcoin spx correlation, we can definately see that. That being said its important to remember last crash we spent nealy 2 months in denial of the covid situation. Even after it spread to italy and caused hundreds of deaths, market went up.. Even when a lockdown was...
Gold appears to have bottomed here. If we examine the 1h and daily timeframes we can determine that it's likely to see gold turn up from here, and in a significant manner. Both technicals and sentiment data align, presenting a very compelling case for the bullish setup on chart. I'd reccomend entering longs at market open in this case, but it doesn't hurt to use...
$GE was kicked out of the DJIA, this is a massively bullish contrarian signal. It is very clear we have seen the bottom here. With the new CEO shaking things up already, the only problem in sight is the mountains of debt the company has. Definitely worth a punt, given the huge reward to risk ratio here. You may try a tight stop, with small risk in the trade if...