Brief Description About the P/E Ratio
The p/e ratio is the price of a share of a stock divided by the earnings per share, so it’s the earnings that the company makes during a year divided by the number of outstanding shares. Once calculated the answer is a multiple. This is one of the best valuation metrics that investors have been able to use to judge whether...
Tesla has formed an upward sloping trend channel and is currently at the bottom of the channel.
It's currently at a minor resistance level, so it could break the channel Monday. If it does, look for breach of the 203-205 support zone to confirm an oscillation down to support at 188, forming a triangle chart pattern.
Alternatively, we could bounce off the bottom...
$SHOP Shopify Topping Out - Correction Upcoming
- Rising wedge pattern on daily - Bearish
- Volume & MFI divergence vs Price entire month of May - Bearish
- Price/Sales Ratio now over 25x (all time high for SHOP) vs most other top growth SaaS companies in mid-teens - Bearish
See chart for near and medium term targets.
For a possible options trade, I'm looking...
With the RBNZ already killing off the NZD by being more dovish than expected in their rate announcement yesterday, the kiwi fell against the USD overnight erasing in the process nearly 2 weeks gains!. For what many thought that the triangle has already broken to the upside just by the end of last week, it now seems it was a false breakout and rather unsurprisingly...
One last pullback before the MASSIVE #Bitcoin | $BTC Breakout!?!
We think so. Elliott wave and fibonacci usually don't lie, so we hope
that you've opened a HUGE SHORT position at these overbought price
levels. As always, use STOP-LOSS or STOP-LIMIT orders to protect
gains, as well as limit potential losses on your trades!
IGC is another cannabis stock that soared way too fast based on no tangible numbers. The Cannabis market will be a big market for sure. But the energy beverage sector is extremely competitive; we would have to see how the "Nitro G" can compete before the stock soars 1000% in a couple days. This is definitely the pumping phase, and it will come down.
Sorry, I didn't know how to do it here on tradingview.
My very smart girlfriend Jixuan Wang used the program R to import and plot the real bitcoin price versus the Metcalfe price:
Orange is real price from exchanges, green is Metcalfe price, which can be calculated from the number of the daily transactions squared:
P = C*...
This is a aggressive long idea. Dollar continues to be strong. So using the pullback to the structure as a long opportunity. There is also an inside bar on 4H time frame. Could be used to play either way.
If I could short I would short this alllllll the way down. I can't even be objective with this one, it is about to show its true value. As you can see it's been nothing but a downtrend ever since it IPO'ed, we'll come back to this chart in a few weeks. However it broke through every support and is on its way to making much lower lows with longer candles.
Increasing revenue, assets and decreasing liabilities throughout 2016 are definitely telling us company's doing good. However, sixfold increase in price is nuts compared to AMD's actual achievements.
Ratios support this point of view:
PE: 241.40 (forward PE, current one is negative)
Intel's PE: 17.98
Intel's Price/Book: 2.86
Be careful, now...
CLX offers a very tight stop loss short here. We can enter on a drop under today's low, with a stop at today's high and aim for a retest of the recent lows before this rally.
Good luck if you take it,
I have been looking to short NFLX, and after my stint with it failed, I think Tim West's reccomendation makes a lot of sense.
He's been holding shorts from considerably higher, and had posted about it in the 'Key Hidden Levels chatroom' recently once again.
You can refer to his publications for more information, or ask questions in chat if you have any.
Virgin Airlines was a growth stock turned sour. Even with fuel hedging and increase in revenue the market still does not approve VA and hence cause it's decline since it's high at december.
Technical: Based on the chart, there are 2 anomalies that one should take note when trading this.
1) Between $30(green line) and $26.42 (blue horizontal line), the price has...
I am bearish on CMG in a short term sense. Story/fundamental/technical wise
Technical: The price has breached the 200 Weekly SMA and shows weak price action. I am expecting a drop but I am unsure where it stops.
Fundamentals: CMG is over valued and based on classical valuation based on DCF, CMG's fair value is at $288. Which is a big drop. In terms of PE and PS...
Maybe that is too extreme, but it hopefully caught your attention: I put a short sale recommendation last summer and MSFT and it had an excellent down-move from that publication. Now MSFT has made another earnings announcement and it has made a new high, it's time to revisit and see what valuation looks like. Well, the valuation is a problem.
The PSR or...