I believe that $GS is a great opportunity to buy at this levels, their PB ratio is 1.08 which is one of the best ratios compared to other American banks at this point. They are one if not the largest investment banks in the world and they are also paying a 2.58% dividend yield. Combine that with the rising rates that will give even better margins and I truly...
I am personally long the stock for a while and have an average price of 10.3$ A bit worried as it seems to be exactly on the resistance level. Of course the news that the student loans are not going to be paid certainly until August and probably for the entire 2022 is bad news that came from Biden's administration. Looking forward hearing what you guys think of...
It seems that the stock has reached an oversold level and its right above the support level at approximately 60$ I am thinking of opening a long position. Great value trade in my opinion and as the market is flashing red again it might be a good option. In terms of fundamentals the company has terrific PE and forward PE ratios, great ROI, ROE, ROA and great...
My opinion on this stock is that its a great company in no doubt one of the greatest fields to be in 2022. But it is way to stretched at the current valuation and I can see the stock testing their support level at approximately 26.5$, the RSI currently is more than 75 points and the company normally trades at 50-55. I have opened a short position myself, let me...
My opinion for the WTI is that it will go lower even though in today's market it is very dangerous to predict oil futures with the Geopolitical uncertainty. I would place a short bet with wider stop losses, the resistance support level is where I see crude oil going next to approximately 95USD. Let me know of your thoughts
My belief is that NASDAQ100 is in a tight spiral of bouncing of the 200ma which indicates slight more upside but I believe it will test again the support level of 14500 approximately. So there is a short term upside in my opinion and MACD does not indicate cheap but not overbought either as NASDAQ mostly trades in the low 60's and currently is sitting 55.
BABA stock has been on a tear lately together with most Chinese tech sector that has rebounded. It seems to have broken the downward resistance level but it seems to be approaching an overbought level. I believe it will retreat at least slightly touching again the resistance level at around 107USD. I am long term bull for the stock and would love seeing the stock...
TSM the largest chip producer just broke out from their resistance point and retracted below this point during Friday's session. Due to the shortages of 2021 those stocks are poised in my opinion for a great 2022, another point is that its not a US company and will not be affected as much as the US based companies with all of the inflation and FED announcement...
Disney has been hammered after the initial announcement of the Omicron variant and since then has not been able to rebound. After today's FED meeting the stock had a nice bounce and it might be testing the first resistance level. Today's candlestick seems quite bullish but I would wait for tomorrow move before pulling the trigger, I also have a bullish outlook for...
A stock that has gained traction from famous investors such as Cathie Wood but analysts still dont trust the stock and have mainly sold and hold on it. According to the technical analysis the stock seems to have reached the support level and bounced of it hopefully Wednesday’s FED meeting will not force the stock to break that support.
Check out the technical analysis on SoFi let me know of your thoughts and if you agree with the support and resistance levels. The RSI signals a oversold level but according to Macd analysis its not yet the time to pull the trigger
