Kopran can climb further. Kopran Ltd. is a holding company, which engages in the manufacturing of pharmaceuticals and related products. It operates through the following business units: Formulations, and Active Pharmaceutical Ingredients. The firm's products include Amyn, Lokit, and Ciproquin.
Kopran Ltd CMP is 320. The positive aspects of the company are Company with Low Debt, Company with Zero Promoter Pledge, FII / FPI or Institutions increasing their shareholding, Annual Profit Growth higher than Sector Profit Growth AND Mutual Funds Increased Shareholding in Past Month. The Negative aspects of the company are Declining Net Cash Flow : Companies not able to generate net cash AND Stocks in the sell zone based on days traded at current PE and P/BV.
Entry can be taken after closing above 321. Targets in the stock will be 330 and 342. The long-term target in the stock will be 352 AND 368. Stop loss in the stock should be maintained at Closing below 291.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Stocksignal
High Dividend yield HPCL wants to fly higher. Hindustan Petroleum Corp. Ltd. engages in the business of refining crude oil and sales of petroleum products. It operates through the Downstream and Others segment. The Downstream segment deals with the refining and marketing of petroleum products; The Other segment engages in exploration and production of hydrocarbons, manufacturing sugar ethanol. Hindustan Petroleum Corp. CMP is 405.85.
The positive aspects of the company are cheap Valuation (P.E. = 8.7), Company with Zero Promoter Pledge, Annual Profit Growth higher than Sector Profit Growth, MFs increased their shareholding last quarter and Stocks Outperforming their Industry Price Change in the Quarter. Dividend yield of the company at CMP is 5.2%. The Negative aspects of the company are Increasing Trend in Non-Core Income.
Entry can be taken after closing above 409 Targets in the stock will be 416 and 429. The long-term target in the stock will be 447 and 457. Stop loss in the stock should be maintained at Closing below 380 or 363 depending on your risk taking ability.
Disclaimer:The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
BPCL with high dividend yield wants to go higher. Bharat Petroleum Corp. Ltd. is a holding company, which engages in the business of refining of crude oil and marketing of petroleum products. It operates through the Downstream Petroleum and Exploration and Production (E&P) segment. The Downstream Petroleum segment includes the refining and marketing of petroleum products. The E&P segment focuses on hydrocarbons.
Bharat Petroleum Corp. CMP is 340.75. The positive aspects of the company are cheap Valuation (P.E. = 7.8), Company reducing Debt, Company with Zero Promoter Pledge, Dividend yield of the company at CMP is 6.2%. and Strong Annual EPS Growth. The Negative aspects of the company are Declining Net Cash Flow : Companies not able to generate net cash, Increasing Trend in Non-Core Income and Companies with growing costs YoY for long term projects.
Entry can be taken after closing above 347 Targets in the stock will be 355 and 363. The long-term target in the stock will be 375. Stop loss in the stock should be maintained at Closing below 320 or 293 depending on your risk taking ability.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Linc trying to link back to good times. Linc Ltd. engages in the manufacture and distribution of ball point pen. Its products include gel pen, ball pen, fountain pen, stationery, notebook, and files and folders. It operates through the Writing Instrument and Stationary segment. The company is the exclusive Indian selling agent of the premium pen range of Mitsubishi Pensils Company, Japan. Linc also have a similar arrangement with Besia, Taiwan to sell non-sharpening pensils and erasers. Linc Ltd CMP is 630.65. The Negative aspects of the company are Declining Net Cash Flow Promoter decreasing their shareholding, The positive aspects of the company are Company with No Debt, Company with Zero Promoter Pledge and FII / FPI or Institutions increasing their shareholding. Entry can be taken after closing above 646. Targets in the stock will be 664, 683 and 700. The long-term target in the stock will be 717, 740 and 760. Stop loss in the stock should be maintained at Closing below 578.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
CD ProjektWake the F up Samurai, We have a money to burn!
CD Projekt is a Polish video game developer, publisher and distributor based in Warsaw, founded in May 1994
most people and investors think investing in Metaverse means you should only buy Meta stock but Metaverse already here and big gaming companies are leading it
CD Projekt's three year median payout ratio is a pretty moderate 45%, meaning the company retains 55% of its income. So it seems that CDR is reinvesting efficiently in a way that it sees impressive growth in its earnings and pays a dividend that's well covered.
Moreover, CDR is determined to keep sharing its profits with shareholders which we infer from its long history of six years of paying a dividend. Our latest analyst data shows that the future payout ratio of the company is expected to drop to 18% over the next three years. However, CDR's future ROE is expected to decline to 11% despite the expected decline in its payout ratio. We infer that there could be other factors that could be steering the foreseen decline in the company's ROE.
On the whole, I feel that CD Projekt's performance has been quite good. Particularly, I like that the company is reinvesting heavily into its business at a moderate rate of return. Unsurprisingly, this has led to an impressive earnings growth. The latest industry analyst forecasts show that the company is expected to maintain its current growth rate
not to mention that CYBERPUNK 2077 DLC Phantom Liberty going to release in 2023 and they working on new Witcher game.
Witcher3 next gen update was another success and its good time for gamers to play this masterpiece if they looking for some exciting adventure
I mange to bought CDR stock at 91$ and any price at this range is a dip and good opportunity for long term investment
Happy Christmas chooms!
Canara Bank can become a cool Investment. Canara Bank engages in the provision of commercial banking and financial services. It operates through the following segments: Treasury, Corporate or Wholesale Banking, Retail Banking, and Other Banking Business.
Canara Bank CMP is 109.30. The positive aspects of the company are cheap Valuation (P.E. = 6.3), Company with Zero Promoter Pledge, Mutual Funds Increased Shareholding over the Past Two Months, Dividend yield greater than sector dividend yield, Annual Profit Growth higher than Sector Profit Growth and Rising Net Cash Flow and Cash from Operating activity. The Negative aspects of the company are High Interest Payments Compared to Earnings, Stocks Underperforming their Industry Price Change in the Quarter and MFs decreased their shareholding last quarter.
Entry can be taken after closing above 109.75. Targets in the stock will be 113, 117 and 122. The long-term target in the stock will be 124 and 129. Stop loss in the stock should be maintained at Closing below 100.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Chembond can bond well in your medium term portfolio.Chembond Chemicals Ltd. engages in the manufacture and sale of specialty chemicals. Its products include water treatment, polymers, construction chemicals, coatings, animal nutrition's, and industrial biotech products.
Chembond Chemicals Ltd. CMP is 617.25. The positive aspects of the company are moderate Valuation (P.E. = 19), Company with Low Debt, Book Value per share Improving for last 2 years, Company with Zero Promoter Pledge, Annual Profit Growth higher than Sector Profit Growth and Strong Performer, Under Radar Stocks. The Negative aspects of the company are Fall in Quarterly Revenue, net profit and increase trend of non-core income.
Entry can be taken after closing above 624 Targets in the stock will be 656 and 677. The long-term target in the stock will be 706 and 746. Stop loss in the stock should be maintained at Closing below 586 or 553 depending on your risk taking ability.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
HEG may be in last Leg of consolidation before it can move up.HEG Ltd. engages in the manufacture and exporter of graphite electrodes. It operates through the Graphite Electrodes and Power Generation segments.
HEG Ltd. CMP is 2069.30 The positive aspects of the company are Company with Low Debt, Company with Zero Promoter Pledge, Strong cash generating ability from core business and FII / FPI or Institutions increasing their shareholding. The Negative aspects of the company are High Valuation (P.E. = 40.8), Declining profits every quarter for the past 4 quarters, Stocks Underperforming their Industry Price Change in the Quarter and PE higher compared to Industry PE.
Entry can be taken after closing above 2089 Targets in the stock will be 2200, 2306, 2406, 2502 and 2565. The long-term target in the stock will be 2622, 2658 and 2750. Stop loss in the stock should be maintained at Closing below 1997 or 1922 depending on your risk taking ability.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Asian Paints can rally on low crude oil price. Asian Paints Ltd. manufactures and markets paints and coating products.
Asian Paints CMP is 3101.75. The positive aspects of the company are Company with Low Debt, Annual Net Profits improving for last 2 years, FII / FPI or Institutions increasing their shareholding AND MFs increased their shareholding last quarter. The Negative aspects of the company are High PE (PE=58.6), Declining Net Cash Flow : Companies not able to generate net cash, Highest increase in pledges by promoters AND Companies with growing costs YoY for long term projects.
Partial entry/tracking quantity can be taken after closing above 3105. Main entry can be taken after closing above 3152. Targets in the stock will be 3221 AND 3304. The long-term target in the stock will be 3368 AND 3423. Stop loss in the stock should be maintained at Closing below 2848 or 2671 depending upon your risk taking ability. Asian paints is considered by many as a portfolio stock due to its huge market share and deep penetration in the market.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Jammu & Kashmir Bank looking NorthwardsJammu & Kashmir Bank Ltd. CMP 117 engages in the provision of banking and financial services. The firm's products and services include personal loans, personal accounts, term bank deposits, mutual fund, life insurances, business loans, business accounts, and business insurance. It operates through the following segments: Treasury Operations, Corporate and Wholesale Banking, Retail Banking, and Other Banking Business.
The positive aspects of the company are Company with Low Debt, Annual Net Profits improving for last 2 years, Company with Zero Promoter Pledge and FII / FPI or Institutions increasing their shareholding. Stocks Underperforming their Industry Price Change in the Quarter, Declining Net Cash Flow and MFs decreased their shareholding last quarter.
Entry can be taken after closing above 124. Targets in the stock will be 131 and 138. The long-term target in the stock will be 144 and 152. Stop loss in the stock should be maintained at Closing below 102.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Delhivery can deliver post a good resultDelhivery Ltd. CMP is 416.10. engages in the provision of logistics solutions to eCommerce partners. It involves in building the operating system for commerce, through a combination of infrastructure, logistics operations, and cutting-edge engineering and technology capabilities. It offers express parcel, partial-truckload, freight, truckload freight, cross-border, and supply chain services.
The positive aspects of the company are Company with Low Debt, Company with Zero Promoter Pledge, MFs increased their shareholding last quarter, Annual Net Profits improving for last 2 years and with increasing Profit Margin (QonQ). The Negative aspects of the company are negative Valuation (P.E. =-292), and Declining Net Cash Flow.
Entry can be taken after closing above 422. Targets in the stock will be 434 and 457. The long-term target in the stock will be 476 and 487. Stop loss in the stock should be maintained at Closing below 396 or 368 depending on your risk taking ability.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Ubisoft Entertainment SA / UBIUbisoft 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 year was a terrible year for ubi because not only they didn't succeed with their franchise like farcry 6 but also they entered the bear market while they were working on their bigger projects like AC. “We are clearly disappointed by our recent performance,” said Ubisoft Chief Executive Yves Guillemot. “We are facing contrasted market dynamics as the industry continues to shift towards mega-brands and everlasting live games, in the context of worsening economic conditions affecting consumer spending.”
2023 is a big year for ubi and they are going to publish some of their best games like Assassin's Creed Mirage, Tom Clancy’s The Division Heartland and skull and bones
ubi stock now in Accumulation phase and its next targets are 21, 23 and 25
Astec Lifesciences trying to close above mid channel resistnace.Astec LifeSciences Ltd. engages in the manufacture and sale of agrochemicals and pharmaceutical intermediates. Its products include Tebuconazole, Propiconazole, Hexaconazole, and Difenoconazole.
Astec LifeSciences Ltd CMP is 1287.05. The positive aspects of the company are Growth in Net Profit with increasing Profit Margin (QoQ) and Company with Zero Promoter Pledge. The Negative aspects of the company are MFs decreased their shareholding last quarter, Degrowth in Revenue and Profit and Annual net profit declining for last 2 years.
Entry can be taken after closing above 1309. Targets in the stock will be 1356 and 1406. The long-term target in the stock will be 1469. Stop loss in the stock should be maintained at Closing below 1247.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Escorts Kubota trying to bounce after fall and consolidation. Escorts Kubota Ltd. manufactures and supplies agricultural machinery, auto suspension and ancillary products and railway equipment. It operates through the following segments: Agri Machinery Products, Construction Equipment, Railway Equipment and Others. The Agri Machinery Products segment manufactures tractors, lubricants, engine and gensets; and provides crop solutions. The Construction Equipment segment manufactures and markets construction and material handling equipment like cranes, loaders, vibratory rollers, and forklifts. The Railway Equipment segment manufactures railway components, which includes brakes and brake systems, couplers, rail fastening systems, and automatic twist locks.
Escorts Kubota Ltd CMP is 4014.95. The positive aspects of the company are Company with Low Debt, Company with Zero Promoter Pledge, FII / FPI or Institutions increasing their shareholding AND MFs increased their shareholding last quarter. The Negative aspects of the company are High PE (PE=42.3), Declining Net Cash Flow : Companies not able to generate net cash, Companies with high market cap, lower public shareholding AND Increasing Trend in Non-Core Income.
Entry can be taken after closing above 4020. Targets in the stock will be 4081 and 4191. The long-term target in the stock will be 4305. Stop loss in the stock should be maintained at Closing below 3855.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
APPLE (AAPL)Apple's innovation shown in iPhone 14 is not likely enough to entice consumers to stretch their budgets in the current macroeconomic environment
40% of Warren Buffett portfolio still belongs to Apple?! for most people and traders I think its a slow asset class and like Tim Apple! sorry Cook ,Warren like to play safe too
Apple price showed a good reaction to 135 support and now heading to 149, for Scalpers breaking 150 resistance can be a good long opportunity and for investors AAPL still can back to 125$ levels so
there is no reason to fomo
Shree Cement looking strong on charts supported by volumesShree Cement Ltd. engages in the manufacturing of cement and cement-related products. The company's brand names include Shree Ultra, Bangur, and Rock Strong. The firm's products include: Ordinary Portland Cement, Portland Pozzolona Cement, Portland Slag Cement, and Composite Cement.
CMP of the stock is Rs.25746.55. The Negative aspects of the company are Companies with growing costs YoY for long term projects , High PE (PE > 40), MFs decreased their shareholding last quarter and Declining cash from operations annual. The company's Positive aspects are No debt, Zero promoter pledge, Improving annual net profit.
Entry can be taken after closing above 25835. Targets in the stock will be 26000, 26733 and 27283. The long-term target in the stock will be 28317, 29210 and 30754. Stop loss in the stock should be maintained at Closing below 23767.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Noble Corporation | NEEnergy stocks score biggest rise in a month as OPEC+ cuts begin
Energy stocks closed an otherwise mediocre week in strong fashion, as oil traders who have grappled with concerns over the global demand outlook may finally see signs of tightening in the oil market.
Saudi Arabia and Russia started the week announcing fresh production cuts that will bring total reductions by OPEC+ to 5M bbl/day, or ~5% of global oil demand.
Supporting prices this week, U.S. crude inventories fell more than expected and gasoline inventories posted a large draw, the U.S. Energy Information Administration reported.
But gains were capped as the Federal Reserve appeared to be headed for further interest rate hikes, possibly at its policy meeting later this month.
And while Saudi Arabia limits its production, supply is gaining elsewhere; Iran, for example, is increasingly circumventing U.S. sanctions, with oil shipments of ~1.6M bbl/day on average in May and June, according to Kpler and Petro Logistics, more than double the level of about a year ago and the highest since 2018.
Separately, the Biden administration said late Friday it will purchase another 6M barrels of crude oil for the Strategic Petroleum Reserve.
Front-month Nymex crude oil (CL1:COM) for August delivery gained more than $2.00/bbl Friday to push the U.S. benchmark +4.5% for the week to $73.86/bbl, its highest settlement since May 24, while September Brent crude (CO1:COM) closed the week +4% to $78.47/bbl, its best settlement since May 1.
U.S. natural gas futures (NG1:COM) closed -7.7% for the week, settling at $2.58/MMBtu, as volatile weather in much of the U.S. complicated the outlook for demand.
ETFs: (NYSEARCA:USO), (BNO), (UCO), (SCO), (DBO), (USL), (DRIP), (GUSH), (USOI), (NRGU), (UNG), (UGAZF), (BOIL), (KOLD), (UNL), (FCG)
The top energy sector ETF (NYSEARCA:XLE) finished the week -0.5%, placing it in the middle of the pack among the S&P's 11 sectors, but closed +2.1% on Friday, its biggest single-day gain in a month.
Oilfield services companies (OIH) Schlumberger (SLB), Halliburton (HAL) and Baker Hughes (BKR) ranked as three of Friday's top four gainers on the S&P 500, +8.6%, +7.8% and +4.8%, respectively.
Top 10 gainers in energy and natural resources during the past 5 days: (RIG) +20.4%, (WAVE) +19.2%, (OII) +18.3%, (NE) +18.1%, (DO) +17.1%, (TDW) +16.4%, (NRT) +16.3%, (NINE) +13.9%, (IPI) +13.2%, (LBRT) +12.4%.
Top 5 decliners in energy and natural resources during the past 5 days: (ORGN) -12.7%, (PPSI) -11.8%, (NPWR) -10.7%, (MARPS) -9.9%, (MTR) -9.3%.
Since June of 2020, Noble Corporation Plc has undergone a substantial transformation while drastically reducing its total liabilities and ongoing financing expenses.Since June 2020, NE has filed and exited bankruptcy, acquired its former competitor Pacific Drilling, regained NYSE listing, and completed a merger with Maersk drilling. Over the period, total liabilities and quarterly net interest expenses were reduced 65% and 74% respectively.
Over the last several quarters, some offshore drillers have reported growing revenue.Quarterly revenue is plotted from June 2020 forward for NE and its offshore drilling peers. Recently, revenues across the industry have rebounded from their early 2021 lows. NE quarterly revenue (plotted in dark blue) has increased from $220M in mid-2020 to $586M in FQ4 22 (+166%).
While quarterly revenue has more than doubled recently, NE has also become profitable. Normalized net income has increased from -19% in mid-2020 to its most recent value of 23%. FQ1 23 estimated revenues are expected to remain elevated at $540.5M while decreasing slightly from FQ4 22 revenues of $586M.
Based on the peer average EV/Sales and estimated FY 23 revenue, NE's fair value share price was estimated at $ 62
Finolex cables looks like it will turn the tableFinolex Cables Ltd. principally engaged in the manufacturing of of Electricals Cables, Communication Cables & Other Electrical Appliances. Its manufacturing facilities are located at Panjim in Goa, Pune in Maharashtra and Roorkee in Uttarakhand.
Finolex Cables Ltd. CMP is 967.35. The Negative aspects of the company are High Valuation (P.E. = 23.1), Declining cash from operations annual, FIIs are decreasing stake, MFs are decreasing stake. The company's Positive aspects are No debt, Zero promoter pledge, Improving annual net profit.
Entry can be taken after closing above 983. Targets in the stock will be 1038, 1070 and 1107. The long-term target in the stock will be 1153, 1182 and 1221. Stop loss in the stock should be maintained at Closing below 834.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Bharat Dynamics looking like it's about to launch into new orbitBharat Dynamics Ltd. is one of the leading defence PSUs in India engaged in the manufacture of Surface to Air missiles (SAMs), Anti-Tank Guided Missiles (ATGMs), Underwater weapons, Launchers, Counter Measures Dispensing System (CMOS) and Test Equipment. The Company is engaged in the business of refurbishment and life extension of stored and deployed missiles. It is the sole manufacturer in India for SAMs, torpedoes, ATGMs.
Bharat Dynamics Ltd. CMP is 1729.40. The Negative aspects of the company are High Valuation (P.E. = 66.5), Declining annual net profit. The positive aspects of the company are No debt, Zero promoter pledge, MFs are increasing stake, Improving cash from operations annual.
Entry can be taken after closing above 1730. Targets in the stock will be 1834 and 1926. The long-term target in the stock will be 1995. Stop loss in the stock should be maintained at Closing below 1600.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
CRM Entry, Volume, Target, Stop, Resistance
Entry: with price above 238.22
Volume: with volume greater than 26M
Target: 370.74 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up)
Stop: Depending on your risk tolerance; Based on an entry of 238.23, 217.91 gets you 2/1 Reward to Risk Ratio.
Resistance: 251 area
This LONG swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
TGT stock has both stepped back on 2.618 in golden sectionTGT stock has both stepped back on 2.618 in golden section
This figure shows the weekly candle chart of Target Corporation's stocks over the past two years. The top to bottom golden section is superimposed in the figure. As shown in the figure, Target Corporation's stock peaked three times in August and November of last year, reaching its highest point in January of this year, reaching the 1.618 position of the golden section in the figure! Moreover, the two low points of Target Corporation's stock this year have both stepped back on the 2.618 position in the golden section of the chart, and are about to reverse and move upwards!
There is still room above of AMD stock !There is still room above of AMD stock !
This chart shows the Line chart of AMD shares in the last two years. The top to bottom golden section is superimposed in the figure. As shown in the figure, the recent high point of AMD stock happens to be 1.000 level of the top to bottom golden section in the figure, and the recent wave of long start bits also happens to be 2.382 level of the top to bottom golden section in the figure! So, in the future, the probability of AMD stocks will continue to break through upwards, test the 0.618 level of the golden section, and then fall back, fluctuating and weakening!






















