Investment
I am sitting ready on my alert.Nice weekend to everyone.
This time, I will post major channels with Fib Circles on price line chart.
It is simple so you can easily read and monitor.
It is based on my previous chart.
Bitcoins are in downtrend until breaks and hold above red circle ( about 20500 usd ).
Green circle is support dragged until Spring. Lows was made on it in November 2022.
Another touch would lead to my buy zone.
Everything depends on how long it takes to get above or below, and nobody knows.
To me it's more likely to the downside.
New lows are only 9% below, so I will sit ready on my alert ( 11-14k ).
That's, were DCA just starting.
Yours Emvo.
*This is not any financial advice.
Dividend king. Investment idea.I really like this stock. I'm holding hundreds since several months ago for the dividends and is a cheap stock (Yield 9.58%-$3.54 a year). This is the perfect time to buy and hold forever. Here is the strategy that I do, is very simple. Just buy at least 100 stocks, and keep buying on a drop 100 more and so on depends on your risk tolerance and cash available. Every time the stock is about to drop, write one or more cover calls depending how may are you holding.
Real case holding 100 stocks:
Dividend payout (every quarter): $3.54*100/4 = $88.5 this is what you get paid every quarter for holding 100 stocks
The stock was trading at $40 a few weeks back, that is a strong resistance and I thought it wasn't going to break it at the first attempt so I just wrote a cover call that expired in two weeks and strike price $40 for $70. The price dropped, it couldn't break the resistance, the two weeks passed and the cover call expired and I made $70 for each cover call. If I would have written a cover call that expired in a month I would have made $120. And now the stock is turning back up, I'm buying 100 more this upcoming week, I'm still holding all of them and getting my dividends paid each quarters. So just by holding 100 stocks and writing cover calls each time is about to correct for a year you can make more than $500 ($354 in dividends and the rest in cover calls approx.).
Hope it helps.
Bank nifty prediction for weekly expiry target 43450+++
Bank nifty prediction for weekly expiry
Condition -1️⃣Gap up
If the bank nifty open 150 to 250 point up side.. then wait for a small correction and go for long on dip
Condition -2️⃣ Flat
If bank nifty opened flat around @43000 near then go for 43500+ directly long with 42800 Stop loss
Key Factors
h&s format on 30m chart
RSI <40
sentiment bullish
AUDCAD Investment Plan - 30/Dec/2022Hello Traders,
Hope you all are doing good!!
I expect AUDCAD to go Down after finishing the current correction in LTF.
Look for your SELL setups.
Considering the fact that there are also traders looking for ideas wrt investment purpose, I will be posting my view on few assets for Long term trades.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
S&P 500 Overview and Investment OpportunityDuring Covid-19, the market significantly dropped in price. Post this retracement, the market recovered swiftly. With many indicators such as inverted treasury yields pointing towards an impending recession, we form the following view on the S&P500.
We envisage the market to drop significantly during the coming months and see the marked investment zone is a good mid term opportunity. We are monitoring these movements and will continue to keep the market updated.
This analysis also correlates to other major indices such as Nasdaq, Dow Jones and others such as the Ftse100.
Wishing all of you a successful New Year. This year will bring ample opportunities for the patient and observant. Stay tuned for more!
Christmass delivery projection.I welcome you and wish you good luck in these times.
Today, I made some sketch, how should, or would be strong year ending.
While I still stay sceptic fundamentally and also on technicals .
It due to downtrend, recession and upcoming deflation waiting in 2023.
Never hold you money at any exchanges ;- )
There's more options and sites like Fixed Float, or directly in self custody wallets.
Yours Emvo.
*This is not any financial advice.
BTCUSD BUYS TO 17K2022 has been a rough year for investors and retail traders holding BTCUSD while it was at 63k. 2023 would be a great year we currently at support area 16400 , there is currently a change in trend and so we expect price to hit Resistance area 17000 . Buy and hold Bitcoin till 17000, like and follow me for more daily signals.Shalom