Technical ;
There is a clear negative divergence in MACD , STOCH & Price indicators at USDTRY charts, indicating a potential reversal here.
if USDTRY closes the day below 7.10, we might see 6.60 as a new target.
Socio-political ;
news about a swap-line agreement will be decisive for the direction of the trend. An agreement may lead to a large gap...
I will be watching #XAUUSD for a breakout either to north or south.
technical ;
Key levels ;
1705 - 1710 for upside breakout
1670 - 1660 for downside breakout.
gut-feeling ;
we will go down, as DXY tends to move upside.
- Either #gold or the #spy or both are subject to a bearish attack soon, as there is a weakening #PHLX
- there is a clear divergence in MACD
- current levels shall be watched very close ; once the prices return back from here, a sharp decline is possible to expect.
if breaks above 1710, it is another world.
if cannot, then the gold seems to be bearish in short-term.
watch out the resistance line carefully.
#dxy is bullish today, supports a bearish view on #gold
( this is not a financial advice, please consider calculating your own edge & risks in the markets )
My personal thoughts ;
- Despite the fact that FED promised to distribute unlimited USD -if necessary-, the markets will consume this USD-cash because especially in EMs and other countries there is a loss of confidence against local currencies.
- Big investors...
it seems that #SPAR set a target to 24.00 in a couple of months to test the all time high since 2008.
Fundamentals are pretty good, technical chart suggest to be long rather than shorting here. Patience may take you to 24.00 in a few months.
#SCCO
I found this stock quite promising at this moment of time.
Monthly candle stick chart and balance sheet figures support a positive attitude and momentum towards 50s.
#ADI
Analog Devices had a recent move from 105 to 115 in the last two weeks. Further move towards 125 should/can be expected as the fundamentals in balance sheet looks brilliant.
Debt-to-Equity Ratio = 0.47
Operating Margin = 28.55%
DIV Expected = 2.15
After Earnings, #SAIC has proven a baseline around 80$. The markets reaction with a decent move back to earlier levels, can be interpreted as a positive signal to be long here.
Fundamentals also look not bad. Operating Margin, which is around 5% , still has a big room for improvement.
Revenue : 838 M
Income : 191 M
EPS : 0.40
Div-Exp. : 0.93
ROA : 1.93
( ref : TraderView StockScreener )
In technical charts ( daily) , there was a basing during november and by the end of the month, it has broken up with a huge volume !..
I think, this was significant to consider for a long position here.
A pullback until 44.00 should be expected to fill...
Revenue : 56.772 B
Income : 10.446 B
Div-Expected : 1.85
ROA : 15.1
( data ref : TraderView Stock Screener )
20+% profitability for such a giant company is a good argument to watch this stock in mid- to long-term perspective. In short-term, there is a significant increase in Volume.
Pay attention to "volume" here. Looks promising for an upward movement.
it has broken a long-term declining trend.
you can wait for a pullback until 3.70 - 3.80 range.
short-term ( 4-8 weeks ) target 4.40
long-term ( 6-12 months ) target 5.20
Financials are doing quite well ;
Revenue : 11.274 B
Income : 562.7 M (profitability has a room for improvement)
EPS : 0.21 , ROA : 2.76 NYSE:GGB
