MOEX:QIWI - expecting 2 waves of correction before we will be able to get on the train that is going upstairs.
Does not constitute a recommendation.
#furoreggs #investing #stocks #shares #idea #forecast #trading #analysis
If you want to discuss, please subscribe and challenge this point of view )
Qiwi plc, operates online electronic payment systems primarily in Russia, Moldova, Belarus, Romania and internationally. It operates through the Payment Services, Consumer Financial Services and Rocketbank segments.
Revenue TTM 587M
Net Income TTM 216M
EBITDA TTM 194M
Debt/EBITDA TTM 0.47x
EBITDA Margin 33%
Net Margin 36.9%
Long QIWI
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at the...
Long QIWI
Activation of the transaction only when the blue zone is fixed/broken.
The idea is to work out the resistance level .
* Possible closing of a trade before reaching the take/stop zone. The author can close the deal for subjective reasons, this does not completely cancel the idea and is not a call to the same action, you can continue working out the...
Long and short QIWI
Activation of the transaction only when the blue zone is fixed/broken.
Working out the support and resistance levels of the consolidation triangle, the risk of the short scenario is weak RR (risk/reward) + the general risk of the idea is high volatility, an increase in false breakouts and a weakening of the accuracy of the TA.
*Possible...
QIWI Wallet's shares made a strong fall in fear of losing the license. On this news, the shares lost about 50 percent of their value. Still, this news will not be the reason for the complete collapse of the stock. Because they are used to this wallet and a large number of people will continue to use this resource. And yet I think the stocks will recover their...
This is a good undervalued play . My entry is a little early as I would like to see some consolidation and an ideal entry closer to the $9 mark . However based on the fundamental metrics of this company I see a potential for a 50% to 100% target profit and I like the 10% dividend so I entered with my first level and willing to take another around $9 . I have...
a fall past 1250 RUBs would cause me to short this stock. However, the odds are high of the stock bouncing at the support line. The RSI is in the oversold zone and there is two support lines in the 1250 range. This is a strong sell off and it could be the case that we see the stock fall even further. Volume is contracting and we could see a big price move either way.
Last year, I introduced Kiwi first time.
After the technical breakout, Qiwi retested red trend line.
From there it rose towards the magnets, (good attraction :-)
Should Qiwi jump above 1,626 rubles per month-closing,
than 2,000 ruble mark would be the next target.
Qiwi plc, together with its subsidiaries, operates electronic online payment systems primarily in the Russian Federation, Kazakhstan, Moldova, Belarus, Romania, the United Arab Emirates, and internationally.
As per the Chart
Abbreviations;
ND=No demand
NS= No supply
DW= Demand Wave
RFSB= Resistance from Supply Bar
SFDB support from Demand Bar
SLK= Stop Loss killer
SLKB= Stop Loss Killer Bottom
DB= Demand Bar
SB= Supply Bar
EVRB= effort vs Result Bottom
My Mentors and Inspiration
Volume Analysis - Oleg Alexandrov
Money and risk Management - Dmitriy Lavrov
Nice wedge formation. Finding support on the cloud, higher lows. Positive fundamentals, QIWI is the "Paypal of Russia". Stop placed below the cloud @ $13.39. Will consider an entry this week if bullish close above the 10 EMA, it's possible price to fall back into the cloud though. (My cloud is on a different chart layout.) Target $17.
Guidance From Yahoo...
I'm slightly bullish on QIWI here are the reasons
- the company has good fundamentals, just read the annual reports and numbers, the growth is ok and the company is in good financial situation
- there was interest in taking over this company and a tender offer of $27 although failed last year, at least we know how much this company could have been sold for
- the...
