Nordex's YoY losses up 133% and Debt/Equity ratio up 54%FUNDAMENTAL ANALYSIS
Current liabilities increased 47% up to €3.4bn in 2022 from €2.3bn in 2021. Non-current liabilities decreased 37%.
Debt to Equity ratio (2022) = 4.42x
Debt to Equity ratio (2021) = 2.87x
Losses YoY increased 133% to €522 million. EBITDA turned negative in 2022 to -€244 million from €52,672 million in 2021.
Almost all Guidance provided in March 2022 was exceeded downwards except for Sales Guidance.
Positive side: Sales increased 4.58%.
TECHNICAL ANALYSIS
Since April 6, the company has entered into a downward trend that in Oct 2022 attempted to turn around. However, the banking crisis and inflation fears persist in a way that Nordex's stock performance graph experienced the appearance of a Bearish Bat pattern whose prophecy together with its recently issued FY 2022 results could materialise in the following days and weeks to come.
Equity
ADD THIS TO YOUR INVESTMENT PORTFOLIO!!!
Price has confirmed an Uptrend after violating a Monthly Supply and now is reacting to a Quarterly Demand which should take around a years time to achieve the benchmark of 4:1, the exit is tricky and if not exited @ given target profits may decline rapidly.
This trade will help u increase your savings, as its gonna take a years time due to Price coming from a Quarterly Demand!!!
ENJOY THE RIDE!!!
KotakBank gearing up for a recoveryKotak Bank has been taking a beating for last 3 months, and I think it's about time that it started attracting some big investments again. My view on this stock is bullish right now, and we can expect the move to realise in next 2-3 months, i.e. May 1(around the time of their next financial report).
Kotak is a fundamentally strong bank, that has generated consistent revenues and even better profit margins in last couple of years. It's a good value stock that has been neutralised since it last tried breaking through it's all time high price in October 2021. It has recently jumped back up from a pretty solid supply zone, and to my eyes, it's giving all the right signals for a bullish recovery.
Rationale:
Strong rejection from the supply zone, at a much higher price than the last reversal.
Price responding well to fib-levels, taking support at .786 retracement level.
A sharp spike in long term RSI & ADX levels, slow Stochastic starting to rise
Price forming a bullish Gartley pattern
Long Setup:
CMP: ~1750
Entry levels: Wait for retest, ideal entry should be around 1720, aggressive buyers can start accumulating already. Buyers may look to average their price until 1700.
Stop Loss Levels: Low risk tolerance -> 1680-1660, High risk tolerance -> 1620
Target Levels: 1800 - 1850, long range target 1900-2000(3 month horizon)
Potential upside: 15%
Potential downside: 7%
NVDA Path to 270-280 - Good Swing or Options Trade?NVDA has provided pretty clear bias and momentum signals.
Hey, this isn't trade advice.
The upside target is 270-280.
This clicks with key 4D level as well as RDA projection zone (grey lines).
I teach simplicity and I ask 2 questions:
What Should Happen?
Bias and momentum should hold on 4D and D charts
Price should probably stall around 216 but ultimately close with a level above.
If price pulls back the ideal textbook reaction is a rejection at the 180 area. The creation of a level on the 4D chart above or around this. If that level gets tested it holds.
What Shouldn't Happen?
No 4D close below RDA
If price pulls back to the high probability reaction zone, it better create a level above one or all the momentum and bias indicators.
Overall this might provide a good swing or options trade. Especially if you a trader enters in a scale in strategy.
Yellen saying she ain't seeing a recession till end of termJust an idea where equity might be heading with all the turmoil with banks. I think the FED will bail them out and eventually the 3 next meeting won't have any rates rise, cuts if banks and markets bleed, but overall we might not see the bottom, yet.
Let's see equity raise with BTC and usd possibly back on it's downtrend.
3/27/2023 (Monday) SPY Analysis and Market Deep DiveMonday 3/27/2023 - In this Video I discuss The technical analysis of the SPY ETF which is a proxy the S&P500 that is often a tell on general market movements. I also discuss broader market Macros I have been watching including last week's and next weeks economic events. We also discuss some recession indicators, and other charts that show headwinds and tailwinds to equities.
In the Trading View App, You can use the links below and hit play, so you can see the action from the dates the charts were published. I will keep this going so we can follow outcomes to analysis!
$DJI has HUGE BUY volume the last few hours$DJI bounce decently off support on daily charts.
This may take some time to heal. However, IF #stocks can hold for the next few hours it can be okay.
The only reason it's not pumping higher is $GS & $JPM, #banks.
On the 4Hr we see a DOJI formed MORE than 4 hours ago & on the CURRENT 4 hr candle it is being ENGULFED WITH VOLUME.
We want to see a close above 32k but higher will mean more conviction.
The belief is that #rates will take a pause while we have this bank fiasco happening.
32500 is our full exit point. Although we have been loosening positions in this rally for the last couple hours.
Would keep re-buying lightly on pullbacks. Bottoms can take some time to form.
Different lines, different storiesI have drawn two different support lines (I name it "higher" and "lower" support). One regards the monthly closed as the low point of the support line and another one regards the monthly low as the low point of the support line.
The higher support line is clearly broken and is retesting (breakout n retest) while the lower support line still holds and has provided short term upsides momentum.
Obviously two different support line give out two different sceneries. The higher support line suggests we are already in downtrend since the support is broken; The lower support line suggests we are still in uptrend. While two stories entailed by two different verisions of support lines are contradictory, it suggests a high probability of consolidation in the next few months such that the index will fluctuate between two lines. It implies the current index 12304 is the local high which provides us an opportunity to short targeting the lower support line.