JSW Steel : Rusting Begins?- JSW Steel looks ready for a short-term downturn phase
- Look how the PE ratio has shot up crazy from the last time we saw the same price ( Price is not justified)
- With the current selloff, The bulls are trapped at ATH making them long-term investors.
- We do have a trendline that may give support when the time comes. But until then, It's time to bleed?
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Disclaimer: Please note that we are not registered advisors and the views expressed here are solely personal opinions. We strongly recommend consulting with your financial advisors before making any investment decisions. We like everybody else, have the right to be wrong :)
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AMARAJABAT: It is time?🚀🌕The chart is self-explanatory as always :)
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⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻
$LPL (LG Display) shows a poorly-expressed form for moving aheadNYSE:LPL will continue 5th wave of growing trend.
Potential is 20-25% during a month.
NYSE:LPL ::6:16->7.65::+24%::May 2023
Does not constitute a recommendation.
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$RUAL need to brake the ceilingMOEX:RUAL has been moving in a horizontal channel for a long time and it's like a mouse in a trap - if it wants to stay free, it should accumulate a power, stay silent, push off and jump.
Idea is that we could observe the same behavior for this shares. It need to go down, touch the bottom below a bit of the mother channel, push off and jump to the top. It this happens, it will mean, that we will see a serious of such incredible victories in the future.
Buy - 39
Sell - 58
Period - 6-9 months.
Does not constitute a recommendation.
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$BABA is building a figure for the future longNYSE:BABA shows a half-arranged shoulders for the next long line up.
Potential is to get 100% additional value from the investments to this company within a year.
NYSE:BABA ::96.09->189::+100%::End of 2023.
Does not constitute a recommendation.
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$GWRE - fast profitNYSE:GWRE - head and shoulders reversed was formed and we can take a bit profit in 2 months 82->95 (approx 16%)
Does not constitute a recommendation.
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Simple Investing Strategy, Affordable for all!Hey! Everybody wants to get rich. But not many from us know what it takes. In this article let's discuss Investing income from annual percentage yield (APY) . Key point is the percentage of income can be different from your location, but lets make our calculations from 8.0% APY.
Why this strategy is Affordable for ALL? Well, for calculation I've used only $161 of monthly investing.
I understand for some person this is nothing, and for another it is a lot. But you can calculate your own affordable investing amount per month and use it. Consistency is the key!
Another point why its affordable, its because you don't need to have a lot of money at the beginning. You can start from minimal deposit allowed by service/fund/bank (APY provider) where you allocating your funds.
Please, note, this is simple and affordable investing strategy. But still THIS IS NOT 100% SAFE STRATEGY... There are several risks of losing your money after all. Mostly this risks depends on APY provider, so I recommend to change your APY provider over a time, and to secure your funds use multiple providers.
Let's see how we get this numbers and first of all it is important to keep consistency during all your investment journey. Remember, this way can make you millionaire and can create a fortune for your kids.
To understand how this works, let's see what is Compound Interest:
Compound interest is the concept of adding accumulated interest back to the principal sum, so that interest is earned on top of interest from that moment on. The act of declaring interest to be principal is called compounding. Financials institutions vary in terms of their compounding rate frequency - daily, monthly, yearly, etc.
Your savings account may vary on this, so you may wish to check with your bank or financial institution to find out which frequency they compound your interest at. I used monthly compounding to calculate final value.
With savings accounts, interest can be compounded at either the start or the end of the compounding period (month or year).
Compound interest formula
Compound interest, or 'interest on interest', is calculated with the compound interest formula. Multiply the principal amount by one plus the annual interest rate to the power of the number of compound periods to get a combined figure for principal and compound interest.
This formula is base of all interest calculations. To get easier process of calculation, I have used online Compound Interest Calculator.
Best numbers we can get if we start investing early, but it happens we see right information too late, and we ask ourselves "Is it good time to start?" — I can say for sure, YES! Always good idea to start investing in your savings account. Trading is trading, but investing is a little different. You can invest in markets, or in savings accounts.
Now let's see "worst case" — you starting your investing journey at 40 years old.
How much you can earn on savings account until 60?
I have calculated it with calculator, and used only $161 investments/savings per month with APY of 8%.
You can see after 20 years of savings this amount of money (pretty much affordable for many people out there) you will get about $95,464 Final Value. Very impressive. Imagine if you can save more from your income each month... For example if you can save $1000 monthly, you will get $592,947 Final value after 20 years on your Savings Account.
Middle scenario — investing for 30 years on your savings account. Until 60 you can earn solid $241,547 Final value, investing only $161 per month!
Now if you can invest about $500 per month from your income you will get amazing $750,147 Final value.
And of course best scenario — start investing on savings account early from 20y.o. This way you can get $565,799 Final value by 60 y.o.
And if its possible to save more, let's say $250 monthly, you can get $878,570.30 Final value by 60 y.o.
So in order to get rich, you don't need to invest a lot of money. Just make you investments consistent, and improve your financial education.
Hope this article can inspire you to create your savings account and plan your future.
Best regards,
Artem Crypto
EUR/USD Daily Chart Analysis For Week of Nov 3, 2023Technical Analysis and Outlook:
Make no doubt that the Eurodollar has jubilantly bounced above our Inner Currency Rally of 1.070 with an eye on the ensuing Key Res 1.075 and Inner Currency Rally of 1.077. The upcoming pivotal reversal will likely take us down to Mean Sup 1.056 and Key Sup 1.047.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Nov 3, 2023Technical Analysis and Outlook:
Rest assured that the cryptocurrency has triumphantly bounced above our completed Inner Coin Rally 35000, indicating a promising upward trend towards Inner Coin Rally 36300 and beyond. However, the intermediate price action is currently posing to move lower towards Mean Sup 33600; it is only a matter of time before it regains momentum and surges higher.
$RRC has a huge potential for the next 3 yearsNYSE:RRC painted rounding bottom on 1w timeframe, as well as it drew a cup with handle on 1h timeframe. It strictly hitting a key levels on all the timeframes and exactly shows readiness for the next ascending steps.
I propose, we will be able to watch a good long till the end of 2023. If it happens, it will mean a clear next investing points for 2024-2026 years.
Everyone, who have enough patience, with a high probability will take achieves.
1 week timeframe:
1 hour timeframe:
Does not constitute a recommendation
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$VTBR - expecting one more jump before correctionI think, we will see an extra ascending drive to 0.03 for $MOEX:VTBR.
Finansial market of the field of Banks feels good on the fundament of weak rubble.
It can be a fuel for the jump.
Does not constitute a recommendation.
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$CVNA - short before upward movementNYSE:CVNA has a good potential in the nearest feature, but it needs for correction.
29-31 is a layers to be ready to buy.
Does not constitute a recommendation.
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SOLANA LONG IDEA One of the ideas for long SOLUSDT
We are currently at 200 daily MA, below coming 50 daily MA, POC of a huge range, 50 Weekly MA, together with that, bullish divergences are created at 4h and at daily. Everything depends on BTC, but this setup has a good chance
Follow if you are satisfied with my vision, updates of each idea and writing in detail what I see
SPX UPDATE SPX UPDATE
After a strong fall, a correction has come . In order to be convinced that this minor downward trend is over, we must conquer the 10WMA and make a minimum higher high that brings us to 4400.Also Stoch RSI shows positive signs
By holding it, we are leaving the range we have been in for almost a year.
Earnings are still positive, so that added strength.
Tomorrow news to follow : Nonfarm Payrolls and Unemployment Rate
SOLANA UPDATE 2023Solana's Firedancer Testnet Sparks 80% Gain
Solana, often called the "Ethereum killer," has surged by an impressive 80% in the past month, thanks to the launch of its Firedancer testnet – a much-anticipated scaling solution. This surge has rekindled investor optimism in Solana, and its native token, SOL, has seen an 81% price increase in the last month, reaching over $41 on November 2. This recovery is significant, considering that Solana was down 84% from its all-time high. It's now emerging as a strong contender in the crypto space, outpacing even Ethereum in recent gains.
$SOLUSDT - x2 and it should be an intermediate milestoneBYBIT:SOLUSDT is ready to show 200 and more percent in the 2-6 weeks.
Good potential, aligned with the Bitcoin dominance sharing and positive moods of investors.
Further steps depends on the Bitcoin behavior, but aware of the final result - goal is 39 opposite 19-24.
Does not constitute a recommendation.
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Disney $dis #dis Back in our Buy zone.The gift that just keep giving. We laid out this plan Months ago and even first talked about it being something to watch for last year. Ever since it became fully actionable it has continued to do exactly as we have planned and so far, so good, we just keep buying low and selling/trimming higher.
In the bigger picture i still say buyers should be highly considering keeping some shares sub$100 and especially sub $90 for long term holds/investments.
These sub $85 and even better sub $80 positions may someday seem like a GIFT for the future of your portfolio's.
Don't miss out and squander this opportunity.