SOFI - ready to break the triangle? Fundamentals are strong on this stock. Most people don't understand their business. I invite you to look up Chamath's presentation when the SPAC merger was announced to know why this is a "winner takes most" play in the Financial Services sector. Good luck!
Things to note on the short term:
- RSI overheated
- Great volume candles
- Needs follow-through - there may be yet a chance to buy the dip!
Financial
$CARV: The S in ESG & “Transitory Inflation”Environmental, social and governance (ESG) integration is Blackrock’s practice of incorporating ESG information into decisions to help enhance risk-adjusted returns and I believe this 20 level here represents something significant. Following this ESG thesis one could expect a stock to rank highly in the social category, however, it doesn’t come without some significant risks and those risks may be why we find ourselves underneath this highly liquid area. Those risks come from inflation and crypto. If these macro inflation or crypto trends continue to play out this could mean the Fed has lost control of inflation which then will lead to the $DXY index rejecting 95 in a meaningful way. These forces could be devastating for Carver’s value as their customers lose purchasing power. However, if the Fed moves on with raising rates and the dollar rises back through the aforementioned 95 level, this could lead to tremendous benefits out of Washington in the future. In short, watch the 20 level in CARV and $DXY 95 over the following weeks / months to see which way the market will decide to push this stock
Looking for a 4/1 risk tradeSupport on $13 seems to hold for now, today a lot a volume came in the first hour pushing up the price, then the price had their retracement so on daily isn't the most bullish candle but because of volume im looking for a trade with a risk 4/1.
The target could be $22 looking for fib 0.618 of the last down movement.
On the fundamental side i read something about a lot of new accounts, nothing really impressive as far as i know, do your own research.
Farmmi Set to Capitalize on New Wellness TrendsStriving to vertically integrate its business, the company has been preparing for a major boost.
● Farmmi has a long record of unstable financial performance.
● The company's solid supply chain system and business model can integrate online and offline platforms and trigger potential future growth.
● Along with the public's increasing health awareness, Farmmi can seize more opportunities to build extensive global networks and explore new products, like fungi-based snacks.
● The share price of the company is currently hovering at low levels, which might provide investment opportunities in the middle term.
Farmmi (FAMI:NASDAQ) is a Chinese agriculture products provider that mainly processes and sells, as of July 2021, four different kinds of products: Shiitake mushrooms, wood ear (or Mu Er) mushrooms, other edible fungi and other packaged dried fungi. The company runs both an e-commerce platform and offline stores. Founded in 2003 and headquartered in a small city in east China, Farmmi is experienced in forming alliances with local family farms that allow the company to offer products to restaurants, cafeterias, local specialty stores, as well as through distributors.
Here, we analyze this small share opportunity and discuss the company's potential.
Quality – volatile profitability and cash flow generation
Farmmi's financials have lately been somewhat unstable. The revenue has been growing slowly – and even declined in 2020; operating income peaked in 2018 and has kept declining since. Farmmi's net income has also shown high volatility. Since 2015, the company has been reporting unstable and negative operating cash flows. Basically, it delivered unfavorable financials all the way after its IPO in February 2018.
What is more, the company's capital expenditure kept growing, but the limited value has been generated, resulting in a downward-moving return on capital.
Growth – optimistic trends and industry dividends
Despite Farmmi underperforming in the past years, investors should not be overly concerned about the lasting effects on the company's future development. We believe the company has a more positive side on financial growth and cash flow stability that will reflect in its future growth.
As mushrooms and fungi are categorized as 'wellness food,' Farmmi focuses on such products, exploring overseas markets. Now, 94% of the company's revenue is generated domestically, while 6% comes from international markets, including the United States, Japan, Canada and the Middle East. An insider has informed EqualOcean that Farmmi's top executives have recently been actively building networks and seeking major brand cooperation to further expand in the North American market this year. By May 2021, Farmmi had raised USD 7.4 million of post-IPO financing to fund its business expansion.
What is more, with the decreasing price of raw materials and improving cost control capabilities, Farmmi is expected to report better operating margins. So far, the figures have never fallen below the peer average level.
Unlike many traditional agriculture producers in the space, Farmmi has been utilizing trendy tools, like web-based products, to ensure its future competitiveness. The recently raised funds are leveraged by the company to enhance its e-commerce capabilities, IT and supply chain systems. These capital expenditures and the integration of online and offline business models may generate more income for the company.
The entire industry will release more dividends for Farmmi as well. The Chinese fungi market has been constantly growing since the noughties, providing growth momentum for Farmmi. The health and wellness trend has also expanded the market capacity for mushroom and fungi-based snacks, which Farmmi is building its future strategy around.
For most food companies, it is almost impossible to survive for over ten years without a solid supply chain system, technology support and cost and risk management abilities. Paying close attention to these aspects, Farmmi is poised to ride the global wellness trend with the increasing fungi consumption.
Price Momentum – upward
The stock of Farmmi seems to be currently undervalued. Without any warning signs in its financial performance, the share price has been going down since it went public in 2018, reached the lowest level ever.
As a small Chinese food brand, Farmmi might have less recognition among global investors, and we expect this situation to continue in the near future. However, the big picture appears brighter, as the company its making progress in cost control, harnessing technology and has a lot of room for development – both geographically and scope-wise.
For the full article with the charts, please visit the original link.
DOGEUSDTSo DOGE has been following Bitcoin recently, I think it's joining the main crypto pattern like LTC and ETH.
Use this as your trade setup, The supplier areas can hold the price up and the resistance is not hodling for long and we're gonna have to retest it soon, so I guess it's a good time for high trade with stop lost.
I'll keep this chart updated.
-Use risk management and be ready for all scenarios
-Don't forget likes and follow for more ideas and signals
-Best of wishes ✔🙏
Bitcoin technical analysisIn this analysis, you can see the technical analysis of Bitcoin for the coming days.
Remember, this is not a financial recommendation, it is just an analysis of various military-political parameters and events in the world on the Bitcoin price trend.
#Bitcoin #Price_Action #Long_term
PYPL PAY PALEarning prevision is high for Q1
5 May,
Unusual Calls Volume on the go
Without fixed strike (Reuters)
Not sure but the chart to me look like excellent momentum,
Financial will outperform those days
due to Yields and Dollar moves
Only for informative purpose, this is not an inversion advice.
take advice for a profesional, i ´m not by any means.
Charlie
PYPL PAY PAL LONGAlready reached today my short term target then a down turn, if you have take profit to buy on the pull back congrats, if not it ´s still a strong buy
Major Analyst
target PYPL at $310
Keep in mind Financials are among the strongest sectors right now
Invest at your own risk, i ´m not a profesional financial adviser
only ideas from stocks i find in a very good shape for myself.
Good Luck
Charlie
PYPL XLF PAY PAL 8LONG)Hi,
All is in the chart
Financials
Indusrial
Energy
are the three best performing sectors for the week
to me, as well as index shows t ´ll today
i have posted various stock that i have found which could be nice since Monday to trade,
not popular ideas but their all worked pretty well. The market is what dictate the money flow. not what most love.
Just my guess, PYPL as an excellent set up for gains in short term.
This is not a profesional advice
invest at your own risk
a TradingView idea
Good Luck
Charlie
DXY H4 - Neutral BiasDXY H4
Simply waiting for a breakout of this trading range, 90,900 to 91,300 ish. Quite a significant S/R zone, seemingly bottoming out from the previous bearish H4 trend from the start of April until present date.
Hopefully, a break of this range will help indicate direction for these USD*** and ***USD pairs going forward for a few swings next week.
Bitcoin Preparing for New Highs April. $100,000 Inevitable.As in the words of Michael Saylor: "There is no better asset to buy, there is no better asset to buy, for a third time there is no better asset to buy." Don't get lost chasing alt-coins that you forget to accumulate the ultimate apex financial asset of our lifetime which is Bitcoin. I have been telling people for the past 2 months that Bitcoin under $100,000 is a good deal. I remember when I use to say Bitcoin under $10,000 was a steal not that long ago.
We have been trading above a steady $50,000 for Bitcoin the past couple weeks. It seems like every time we test the 50 day moving average and bounce off we get a beautiful run up. January 27th 2021 was the last time we touched the 50 day moving average and that yielded a 100+% gain in Bitcoin price within 45 days. We also have a bullish divergence on our daily MACD.
History repeating itself? We'll see. Always stack those satoshis! If you don't know what to buy just freaking buy Bitcoin! Convert that dirty fiat currency loosing 20% yearly purchasing power into Bitcoin that gains purchasing power every year.
Much love, peace, health, and wealth!
MFA longWith the real estate crash in march 2020 for MFA now i think its recovering little by little. So, on the Daily time frame its forming a nice bull channel. On the 4 H time frame we can see a rising wedge with a potential target 4.60 $ . On both time frames holding the 20/ 38 EMA (bull sign). If we break out of resistance we can go higher 5.20$ . Short period for a long position max 2 months.
XLF in bearish technical postureFinancial sector, XLF, has been outperforming other sectors in S&P as what seems to be a sector rotation is taking place. Money is coming out of technology to more defensive sectors recently. Nevertheless, when I look at this XLF chart, it is screamingly bearish. Bearish rising wedge with negative divergence on both PPO and RSI. It is pretty extended as well. It's right on the trend line. One big red day may just break it or a gap down on the bad news despite what happened during FOMC meeting today.
Have a good trade everyone,
T.
GOLDGOLD This precious metal is used in electronic devices, bank stocks, jewelry, etc. Due to the weak US economy and the weakening US dollar, as well as after some news about vaccines from Russia, the United States and other countries, most traders, especially banks, reduced their transactions on gold and gold boring price correction. It started at $ 1963. Now, after President Biden's speech on the 1.9T grant, we expect more weakness for the US dollar and the subsequent rise in gold, perhaps to $ 2,000-2,100.
Stay safe,
Citigroup LongHi all,
I noticed looking at a few filters on my screener that there was some high dividend yielding companies all showing good benjamin graham numbers. It was immediately obvious to me that the vast bulk of them were in the financial sector, with the narrative of most of the worlds developed populations life changed by huge degrees and the flow of money slowed for most that lending would in turn go down. I got in at $45.31 in onctober and have bought in every other month since. current total position is sitting at +22%.
My initial investment was going to be long term (10Y) but I will re-evaluate if/when we reach the top of the window shown on the chart.
What might happen to the market in coming weeks/monthsThis is my favorite analysis
I give my qualified bid here on how NASDAQ and the market are going to evolve.
the graph is very similar to the financial crisis and makes exactly the same pattern, on top, bottom, RSI and MACD.
10-y bond have fallen and as I wrote in my other analysis, bonds will return to 0.95 and up again to 1.5. it's making a cup and handle now.
Follow the dates on the 1,2,3,4,5 wave and compare it with 10-y bond, and financial crisis(15. march 2011 to 17. june 2011).