ANF: Positioned for Growth Amid Strong Financial MomentumAbercrombie & Fitch Co. ( NYSE:ANF ): Positioned for Growth Amid Strong Financial Momentum
Trade Setup:
- Entry Price: $151.35 (activated)
- Stop-Loss: $110.18
- Take-Profit Targets:
- TP1: $205.94
- TP2: $291.21
Company Overview:
NYSE:ANF is a leading specialty retailer offering casual apparel and accessories under brands like Abercrombie & Fitch and Hollister, catering to diverse demographics globally. The company has demonstrated resilience and adaptability, maintaining its relevance in a competitive retail market.
Financial Performance:
- In Q3 2024, NYSE:ANF reported a net income increase of **10.9%**, totalling $131.98 million.
- Revenue grew **14% year-over-year** to a record **$1.21 billion**, marking six consecutive quarters of double-digit growth.
- The company continues to expand its digital and physical presence, enhancing customer engagement and operational efficiency.
Analyst Ratings:
- Analysts have a consensus **"Moderate Buy" rating** on NYSE:ANF , with a median price target of **$190**, suggesting upside potential.
- Optimistic price targets range up to $250, reflecting confidence in NYSE:ANF ’s ability to sustain its growth trajectory.
Risk/Reward Analysis:
- The stop-loss at **$110.18** limits downside risk to approximately **27%** from the entry point.
- Take-profit targets at **$205.94** and **$291.21** offer potential upside of **36%** and **92%**, respectively, creating a favourable risk-reward scenario.
Conclusion:
NYSE:ANF continues to demonstrate strong financial performance and positive market sentiment, supported by robust revenue growth and strategic initiatives. This trade setup balances calculated risks with the potential for significant returns.
When the Market’s Call, We Stand Tall. Bull or Bear, Just Ride the Wave!
*Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.*
Stocks
IRFC BREAKOUT LEVELS🚀 IRFC Breakout Levels to Watch! 📈
🔹 Resistance Level: ₹ 164.64
A breakout above ₹170.68 could send IRFC soaring towards ₹30–₹32! 💥
🔹 Trend Watch: Volume is key for confirming breakouts! 🔑
📊 Keep an eye on these levels for potential trading opportunities. Always set your stop losses and trade with caution! 📉
#IRFC #StockMarket #BreakoutLevels #TechnicalAnalysis #Investing #StockTrading #MarketUpdate #InvestSmart
SWING IDEA - PNB HOUSING FINANCEPNB Housing Finance , a prominent housing finance company in India, is exhibiting a promising swing trade setup supported by strong technical signals.
Reasons are listed below :
Breakout and Retest of 800 Zone : The stock previously broke a strong resistance at 800 and is now retesting it, showing potential for upward momentum.
Bullish Marubozu Candle : A strong bullish marubozu candle on the weekly timeframe indicates robust buying interest.
Golden Fibonacci Zone : The stock is bouncing back from a key Fibonacci retracement level, suggesting a continuation of the uptrend.
50 EMA Support : Price action is well-supported by the 50 EMA on the weekly timeframe, affirming bullish sentiment.
Volume Spike : A significant increase in trading volumes highlights growing investor confidence.
Target - 1190 // 1380
Stoploss - weekly close below 825
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
S&P 500 Daily Chart Analysis For Week of Dec 6, 2024Technical Analysis and Outlook:
During this week's trading session, the S&P 500 index demonstrated a consistent and measured sleepwalking upward trajectory towards our target of Outer Index Rally 6123, with potential for further advancement to the subsequent Outer Index Rally level at 6233. This notable ascent toward the target of 6123 is anticipated to result in a pullback to the Mean Support level of 6049, thereby facilitating the next phase of the bullish trend.
IRCON can move upwards after consolidation. IRCON International Ltd. engages in the provision of engineering and construction services. It specializes in major infrastructure projects, including railways, highways, bridges, flyovers, tunnels, aircraft maintenance hangars, runways, extra high voltage sub-stations, electrical and mechanical works, commercial and residential properties, development of industrial areas, and other infrastructure activities. The company operates through the Domestic and International geographic segments.
IRCON International Ltd. 225.88. The positive aspects of the company are Company with Low Debt, Company with Zero Promoter Pledge, Effectively using its capital to generate profit and High Volume, High Gain. The Negative aspects of the company are High Valuation (P.E. = 23.1), MFs decreased their shareholding last quarter, Underperforming their Industry Price Change in the Quarter and Increasing Trend in Non-Core Income.
Entry can be taken after closing above 227 Targets in the stock will be 246, 265 and 285. The long-term target in the stock will be 316 and 352. Stop loss in the stock should be maintained at Closing below 180.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Beml Land And Assets seems to be rising after forming a bottom.BEML Land Assets Ltd. operates as a special purpose entity which develops, acquires, manages, holds, licenses and sells real estate properties. BEML Land Assets Ltd. CMP is 243.49.
The positive aspects of the company are Company with No Debt, Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years and Company with Zero Promoter Pledge. The Negative aspects of the company are Negative Valuation (P.E. = -246.6), MFs decreased their shareholding last quarter, Stocks Underperforming their Industry Price Change in the Quarter and Companies with growing costs YoY for long term projects.
Entry can be taken after closing above 245 Targets in the stock will be 274, 291 and 304. The long-term target in the stock will be 320, 343 and 356. Stop loss in the stock should be maintained at Closing below 215.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
S&P 500 Macro Outlook (2022-2024 Forecasted Targets/Tops/Bottom)3950-4K micro-target followed by the melt-up rally.
Linear top: 5325
Log top: (Separate post): 6000
Extension linear top: 6500
60-80% Bear Market follows;
Target 1: 2150
Target 2: 1555
End of Bear Market: Q3/Q4 2024 due to QE5/6, aka Infinite easing.
P.S. Disregard target 3 on the chart; Depression isn't expected this decade.
AMD Is it really as 'dead' as it looks?Advanced Micro Devices / AMD is down -45% since their March 2024 All Time High and the market appears to be quickly losing faith on the stock.
However, this is not the first time we've encountered such decline on this stock as the exact same Channel Down that had a drop of -42% also took place during the previous Bull Cycle.
In fact this is what we called the mid Bull Cycle accumulation Channel and as you see in both patterns, the 1week MA100 supported. On the 2017/18 case, it kickstarted a rebound to the 1.382 Fibonacci extension.
It is amazing to see that even the Bear Cycles that preceded those Channels (2022 and 2014/15), they declined by the same amount (-66.41%).
So for now the 1week MA100 is supporting the November-December consolidation and this is the 1nd time it has since the August 5th low.
Once the 1week RSI hits 38.00 again (like it did on March 26th 2018), it will be the ultimate time to buy again but being so close to it right now, you can start buying even now.
Target 350.00 (little under the 1.382 Fib).
Follow us, like the idea and leave a comment below!!
SWING IDEA - CHAMBAL FERTILIZERSChambal Fertilizers , a leading manufacturer of fertilizers and agri-products in India, is presenting a compelling swing trade setup with strong technical indicators.
Reasons are listed below :
Break of Cup and Handle Pattern : A classic bullish continuation pattern indicating potential for a significant upside.
Bullish Marubozu Candle : A strong bullish marubozu candle on the weekly timeframe highlights sustained buying pressure.
500 Zone Breakout : The price is attempting to break above the 500 resistance zone after consolidating near its all-time high, signaling strength.
Prolonged Consolidation Breakout : The stock is breaking out of a consolidation phase spanning over 3 years, suggesting a fresh trend initiation.
Target - 675
Stoploss - weekly close below 440
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
$INTC GGWP Bankruptcy is coming. SHORTIntel Announces Retirement of CEO Pat Gelsinger
on December 2nd 2024.
Thy have launched many faulty processors, instead of fixing their fkup they started to flee.
Short it to 0.
I sadly have bought one of these laptops with new gen intel CPU. AND IT DOES FEEL LIKE A FAULTY ONE.
If I buy/long any of it is at 8-12$ just to play a round of "Casino Roulette". High risk low reward.
Of course if they announce something positive this might change but I hardly doubt it.
$UAA Under Armour LONGUnder Armour looks nice. Might get a retest soon and then it's a perfect entry.
Good time to start buying in now.
Have no idea what happening inside of the company if there is any bad new of course you shouldn't long.
If I wanted to rotate my gains from the Stocks that already pumped this would be it.
$PYPL Paypal up only?PayPal looks like it's about to start mooning.
Don't forget that PayPal have crypto trading now. When pebbles will come into market they will mainly use companies like Robinhood, Paypal, Coinbase to buy it.
Have no idea what happening inside of the company if there is any bad new of course you shouldn't long.
If I wanted to rotate my gains from the Stocks that already pumped this would be it.
$NKE Nike ready for move back to it's ATH?Look like Nike bout to start moving.
The TA doesn't look bad. Might get a retest of ~70$ before the move.
Have no idea what happening inside of the company if there is any bad new of course you shouldn't long.
If I wanted to rotate my gains from the Stocks that already pumped this would be it.
The Coming EU Recession into 2028, Mercedes BENZ $MBG Triple TopThe principal pillar of the European economy is Germany, recognized as its wealthiest nation.
A parallel can be drawn to the adage regarding America: when it experiences a minor setback, the global economy often faces significant repercussions.
It is often asserted that the essence of "Deutschland" is deeply rooted in its automotive industry, leading to its moniker as "Autoland." German automobiles have consistently been esteemed as the finest globally.
In fact, the most thriving economic engine in Europe has been heavily dependent on the automotive sector, and the initiatives aimed at addressing climate change have been likened to the act of vanquishing a vampire—driving a stake through its heart.
Volkswagen, the biggest car maker in Europe, is warning that it might have to cut thousands of jobs and close some factories in Germany. This is happening because they are having tough talks with unions about rising costs.
The push for climate-friendly cars has really affected how many people want to buy new vehicles, and they are also facing strong competition in the electric car market. The news about job cuts and possible factory shutdowns is causing a big stir around the world.
Other car companies like Mercedes Benz, BMW, and Ford are also making cuts and letting employees go. Volkswagen is planning to lay off tens of thousands of workers and is even thinking about closing some factories, which is a big deal. Bosch, the largest auto parts supplier in the world and a major employer in Germany, is also cutting hours and pay for around 10,000 workers. Even Meyer Werft, a shipbuilding company that has been around since the 1800s, recently needed a huge bailout of $423 million to stay out of bankruptcy.
The economic strategies implemented by Brussels have significantly weakened the overall economy of the European Union. Germany has remained committed to the traditional Mercantile economic model, maintaining elevated tax rates to curb inflation while producing goods for export to generate profits.
In 2023, the automotive sector is projected to represent as much as 17% of Germany's exports. This sector has created over 750,000 jobs. However, German manufacturing has struggled to achieve a full recovery since the COVID-19 pandemic in 2020, currently reaching only about 90% of its pre-pandemic output.
CAPR projected to see additional volatility NEAR TERM. Recent short attack will likely be a two-part process.
Expecting strong buy wave to 17-18.5 zone near term before renewed aggressive selling down to next liquidity target zone at 10.4-11 level.
There exists a small gap at 9.95-10.05 which may be targeted by shorts. Unsure if it gets filled during market hrs or during extended session.
Planning to go long again from 10.4-11 via limit buy orders sometime this month. Expecting us to get the buy opportunity before 12/20 date before the next swing target to 25.00
once we see a break above 26.5, it'll confirm for me the greater buy sequence will continue on weekly timeframe for advancement to 75-80$ analyst target level. Until then, we may remain rangebound between 15-25$ levels.
Personally expecting price to reach 100$ sometime by late 2025.
Bit Digital, Inc. ($BTBT): High-Risk, High-Reward OpportunityBit Digital, Inc. ( NASDAQ:BTBT ): High-Risk, High-Reward Opportunity
Trade Setup:
- Entry Price: $4.30
- Stop-Loss:** $3.34
- Take-Profit Target: $8.40
- Long-Term Target: $16.77
Rationale:
Bit Digital, Inc. is a digital asset mining company focusing on Bitcoin. The stock has exhibited significant volatility, often influenced by the performance of the cryptocurrency market. This setup presents a high-risk, high-reward opportunity, appealing to traders with a higher risk tolerance.
Financial Performance:
In Q3 2024, Bit Digital reported a net loss of $2.69 million, with total revenue of $98 million over the trailing twelve months. The company's financial performance is closely tied to Bitcoin's market dynamics.
Volume and Short Interest:
The stock has experienced increased volatility, correlating with Bitcoin's price movements and recent company expansions. The acquisition of renewable energy assets reflects a strategic move towards sustainable operations.
Analyst Ratings:
Analyst sentiment is mixed, with some maintaining a "Buy" rating and price targets around $6.00, indicating potential upside from the current price.
Risk Management:
Given the stock's volatility, strict adherence to the stop-loss at $3.34 is crucial to manage potential losses. The take-profit target of $8.40 offers a favourable risk-reward ratio, but traders should be prepared for significant price fluctuations.
When the Market’s Call, We Stand Tall. Bull or Bear, Just Ride the Wave!
*Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.*
Waiting and Waiting For The Generational Top Man, SPX has really doubled since I first wrote about the possibility of a generational top in markets, back in 2018. In that time, have there been material improvements to our quality of life? Have economic conditions for the average person actually gotten better? Instead, it seems, market orchestrators are finding new ways to profit in the digital age - digital currencies, leverage on digital currencies, leverage on companies who buy digital currencies with leverage...more and more leverage. Extract more and more profit from people's attention. Gamify trading and our lived experiences.
Looking at the long term monthly chart for SPX, historical crashes have had price drop below the 200 month Moving Average (teal). Price has also tended to gravitate towards that purple trendline eventually. It has not touched since 2009. Before 2009, it had not touched since 1982. That's 27 years. If we see a similar gap, we wouldn't see a generational bottom until 2036, or over a decade from now.
Perhaps some caution should be exercised. Price has ventured to the top purple trendline. When price gets up there, it tends to appear overvalued, which may indicate that a mean reversion must occur. Here it is zoomed in, showing a weekly bearish divergence.
There's also the Great Depression Fractal. This could easily (in hindsight) be a blowoff phase. Previous ideas about this are linked below.
I was obviously off the mark when I first posted about this in 2018, but I still think it's work looking at, as a point of interest. Not as a prediction, per se, but as an example of how bad a crash could get at these levels. Once the Dow broke above the orange megaphone, price more than doubled before crashing. At current levels, price has now more than doubled from the breakout point.
A number of external factors are at play - rising populism/authoritarianism, rising global conflict...all symptoms of challenges with resources. Things are shaky up here. Time will tell. Great resets offer great opportunities.
This is meant for speculation only!
-Victor Cobra
Raytehon (RTX) Head and Shoulders. Fundamental reasoning: DJT is a peace president vs Biden who allowed build of geopolitical tensions and warfare.
D.O.G.E dept. to radically overhaul the deep state and waste.
Other notable Military contractors include:.
#LMT
Northrup Grumman
Avic
Boeing
General Dynamics
BAE
MARA: Strategic Entry Amid Bitcoin ResurgenceMarathon Digital Holdings, Inc. ( NASDAQ:MARA ): Strategic Entry Amid Bitcoin Resurgence
Trade Setup:
- Entry Price: $19.59
- Stop-Loss: $15.14
- Take-Profit Targets:
- TP1: $28.61
- TP2: $39.59
Company Overview:
Marathon Digital Holdings, Inc. is a leading digital asset technology company specializing in cryptocurrency mining, with a primary focus on the COINBASE:BTCUSD ecosystem. The company has recently expanded its operations, including the acquisition of a 114-megawatt wind farm in Texas to power its mining activities with renewable energy.
Financial Performance:
In Q3 2024, Marathon reported revenue of $131.6 million, up from $97.8 million in the same period last year. However, the net loss widened to $124.8 million, exceeding analyst expectations.
Analyst Ratings:
Analyst sentiment is mixed, with some maintaining a "Buy" rating and price targets around $28.00, indicating potential upside from the current price.
Volume and Market Dynamics:
The stock has experienced increased volatility, correlating with Bitcoin's price movements and recent company expansions. The acquisition of renewable energy assets reflects a strategic move towards sustainable operations.
Risk/Reward Analysis:
The stop-loss at $15.14 limits downside risk, while the take-profit targets of $28.61 and $39.59 offer potential returns of approximately 46% and 102%, respectively, from the entry point.
Conclusion:
Marathon Digital Holdings presents a strategic opportunity for investors seeking exposure to the cryptocurrency sector, particularly Bitcoin. The company's expansion into renewable energy and increased mining capacity position it favorably amid the current Bitcoin rally.
*When the Market’s Call, We Stand Tall. Bull or Bear, Just Ride the Wave!*
*Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.*