One luxury carmarker is down 20%, a buying opportunity?Although founded in 1948, Porsche became a public company in late September 2022. Initially, the company started to float on the market with an opening price of €84. However, shares rose as high as €120.80 in the coming months. Yet despite these impressive gains since the IPO, shares of the company began to decline in May 2023, losing about 20% of their value through the summer.
In its recent financial report, Porsche AG Group revealed that its operating profit rose 10.7% YoY and sales revenue 14% YoY in the first six months of 2023. Meanwhile, cash and cash equivalents decreased by 52% (by €2.466 billion to €2.244 billion), and the deliveries went up by 14.7% YoY to 167,354 vehicles, with increases in all sales regions. Based on the report, the biggest demand was for models Macan and Cayenne, with 46,842 and 46,399 cars sold, respectively.
Going forward, the company cited supply chain challenges related to auto parts and their quality while noting that risks associated with gas shortages and the Russia-Ukraine conflict decreased. On top of that, the report states: “The explanations on the liquidity risks presented in the risk reporting section of the 2022 combined management report remain unchanged… The overall conclusion that, based on the information and assessments currently available, a development jeopardizing the group’s ability to continue as a going concern is sufficiently improbable in the fiscal year 2023, remains unchanged."
Based on these and other factors, we consider Porsche shares attractive below €100 (with ideal entry around €90 to €92) for the long term (talking about years). However, at the moment, we believe it would be proper to start only with incremental purchases and leave some capital aside for better opportunities.
Technical analysis
Daily time frame = Bearish
Weekly time frame = Bearish
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
VOLKWAGEN moving up towards $126 in new impulse up.The stock displayed an impulsive rise between Oct-Dec 2023 and a subsequent correction of the same through the months of dec-jan.
The correction was almost an 61.8% retracement of the impulse and the price shot up quite strongly as soon as the corrective wave was over.
Now the stock is already in wave 3 structure and with sub-divisions or without them $126 is the projected target zone for the stock.
KWS SAAT SE & CO. KGAA - Long opportunityAccording to the Elliott Wave Theory, KWS is currently showing potential for a rally, coinciding with the beginning of a new long-term impulse. Since September 2018, KWS has been undergoing a correction, graphically represented by the drawn ABC. The C wave is not yet complete, but the final 5th wave is underway and forming a wedge pattern. Its completion could coincide with the breaking of the wedge. In this case, it would signal the end of wave 5 < wave C and the beginning of wave 1 < wave 1 of a new impulse. Moreover, another reversal signal is provided by the divergence between RSI and the price.
The entry point for this trade should be the breaking point of the wedge, approximately €53 - €53.5, or the breaking of the 56.22 level of the RSI. I am going to set a stop loss 1.5% below the first static support, at €49.65. The first take profit is set at €61.1 (a profit of 14.2%). This is considered a prudent scenario, in case the breaking of the wedge forms wave 4 < wave 5 < wave A. Otherwise, it is possible to play this trade with a trailing stop loss and see if the price could reach the first important resistance at €67.5 (a profit of 26.17%).
NB: trade with €€€ (it could be a chance to diversify)
Siemens Healthineers: Not yet done ☝️Siemens Healthineers took a step south at the beginning of the year, but has since almost made up for this setback on the upside. Nevertheless, we have drawn up a new alternative scenario with a 30% probability on the chart, according to which the current rise would already be completed with the last high in the form of the magenta-colored wave alt.(X). Accordingly, the price would fall below the support level of €45.51 earlier and consequently into our turquoise-colored Target Zone between €40.32 and €36.13. As part of our primary scenario, however, we give the stock a little more room on the upside - namely until just above the resistance at €53.98 - in order to underpin the top of the regular magenta-colored wave (x). Only then should it dive into the turquoise Target Zone.
PG&E corp is in for an ELECTRIC RIDE UPWARDSPG&E isn't going anywhere, California is helplessly dependent on it. they are investing in their infrastructure (after its horrendous wildfire fiasco due to infrastructure negligence). This situation lead to a tremendous sell-off because it seemed like a risky company to hold stocks for and overall the company was just hated throughout California after the fires. I think that very soon the stock price is set for a very aggressive bounce back to its past high value levels
GAP is ready for a series of PRICE GROWTH!GAP is registering significant net positive volume this past few weeks -- in anticipation of the company's turnaround story in terms of bottomline which it did after the company posted a surprise profit due to business re-organization after last Month's earnings result.
The stock is sitting at a strong solid support at 8-9 area -- a 1.0 FIB level area where buyers converge. Expect price to bounce from this range.
Weekly histogram has created higher lows conveying incoming reversal to the upside.
Spotted at 8.5
TAYOR.
Safeguard capital always
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FUNDAMENTAL NEWS: Reference Barrons.
Gap’s Surprise Profit Gives Stock a Boost
By Sabrina EscobarFollow
May 25, 2023 5:09 pm ET
Gap’s same-store sales fell by 3%.
Gap stock surged on Thursday after the company posted a surprise profit.
The apparel retailer posted adjusted earnings of one cent a share in the quarter, better than consensus estimates for a loss of 16 cents a share, according to FactSet. While revenue of $3.28 billion declined 6% compared with the previous quarter, it was in line with the company’s and the Street’s projections.
Same-store sales fell by 3%, more than forecasts for a 2.4% decline.
For the second quarter, Gap (ticker: GPS) is expecting net sales could decrease in the mid- to high-single digit range from the year-ago quarter’s $3.86 billion. Current estimates have Gap’s second-quarter sales down by roughly 5% year-over-year. For fiscal 2023, net sales could decrease in the low to mid-single digit range.
Despite the decrease in sales, Gap believes margins will grow in both the second quarter and the remainder of fiscal 2023. First-quarter adjusted gross margins increased 5.7 percentage points compared with the previous year.
Gap stock jumped 16% to $8.61 in after-hours trading.
The company is currently reorganizing its business to improve profitability. Earlier this year, it announced it was cutting 1,800 corporate jobs in addition to 500 jobs culled in September.
“While the macro and consumer environment remain uncertain, Q1 underscores our ability to deliver improvements to the business including share gains at Old Navy and Gap Brand, adjusted operating margin expansion, reduction in inventory, and strength in our balance sheet,” said interim CEO Bob Martin in a statement.
Deutsche Bank Shares: Riding the Bull with a Diamond SparkleTechnical Analysis for Deutsche Bank Shares:
1. Bullish Diamond Fractal Formation:
Deutsche Bank shares are currently exhibiting a notable technical pattern known as a Bullish Diamond Fractal. This pattern suggests a potential reversal in the prevailing downtrend, indicating a shift in market sentiment in favor of the bulls.
2. Key Levels and Targets:
First Take Profit (TP): The analysis points to a conservative first take profit level at 15,500. This level is identified as a potential resistance where traders might consider taking profits.
Second Take Profit (TP): A more optimistic target is set at 23,010. This level represents an extended bullish move and could attract additional buying interest.
Stop Loss: To manage risk, a stop-loss order is recommended below the support level, around 9.809. This level acts as a safety net to limit potential losses in case the market moves against the anticipated bullish scenario.
3. Market Sentiment:
The analysis suggests an optimistic outlook for Deutsche Bank shares, supported by the Bullish Diamond Fractal pattern.
The expectation is that the upcoming Monday will be very bullish for this pair, indicating potential positive market sentiment and increased buying interest.
4. Related News:
According to a historic news article from CNN (dated October 25, 2023), Deutsche Bank shares have experienced a surge, leading to an increase in dividends. This positive development aligns with the technical analysis, providing fundamental support for the bullish outlook.
The increase in dividends can be interpreted as a sign of confidence in the company's financial health and performance.
Positive news like this can attract more investors, contributing to the bullish momentum identified in the technical analysis.
Conclusion:
The technical analysis, supported by the recent positive news, suggests a bullish stance on Deutsche Bank shares. Traders and investors should carefully monitor key levels, consider the recommended take profit and stop-loss levels, and stay informed about market developments to make well-informed decisions.
Unveiling Potential Opportunities in $TUI1 Stock - LONGUnveiling Potential Opportunities in XETR:TUI1 Stock: Navigating the Surge and Identifying Profit Targets
In the wake of recent developments surrounding Tui, Europe's largest package holiday operator, the decision to potentially shift its stock exchange listing from the FTSE 250 to Frankfurt has stirred considerable interest in the financial landscape. This move not only impacts Tui's positioning but also raises questions about London's standing as a global finance center.
Analyzing the Buzz:
Our analytical tools reveal a notable influx of new capital into XETR:TUI1 , suggesting a shift in investor sentiment. This surge in interest prompts a comprehensive examination of Tui's current standing and the potential for robust bullish momentum in the coming weeks. The evolving narrative surrounding Tui's future developments adds an intriguing layer to the stock's dynamics.
Key Insights:
Listing Shift Implications: The contemplation of moving the stock exchange listing from FTSE 250 to Frankfurt introduces a new dimension. Investors should closely monitor how this potential shift impacts Tui's visibility and accessibility in the global financial markets.
Bullish Momentum Anticipation: With the influx of new capital, anticipation is high for the emergence of strong bullish momentum. Investors should position themselves strategically to capitalize on potential upswings in $TUI1.
Take Profit Strategy:
As seasoned stock traders, we identify the importance of setting realistic take profit targets. Considering the current market conditions and Tui's evolving narrative, we propose the first take profit zone to be around $13.345. This level is strategically chosen based on our analysis of Tui's recent performance and the potential for continued positive developments.
Risk Considerations:
While optimism surrounds XETR:TUI1 , prudent risk management is paramount. Stay vigilant to external factors, such as geopolitical events or regulatory changes, which may impact the stock's trajectory. Maintain a keen eye on the evolving narrative and be prepared to adjust strategies accordingly.
Conclusion:
Navigating the current landscape of XETR:TUI1 requires a balance of informed analysis and strategic decision-making. As we anticipate bullish momentum, investors should carefully monitor unfolding developments, align their portfolios accordingly, and consider implementing risk management strategies.
For further insights and real-time updates, continue tracking reputable financial news sources and market indicators.
Disclaimer: The information provided is for educational purposes and does not constitute financial advice. Always conduct thorough research and consult with a financial professional before making investment decisions.
palantir on the downPalantir Technologies is a public American company that specializes in big data analytics. The company’s stock has been volatile in the past, and some investors believe that it is overvalued. Additionally, the company’s listing on the Nasdaq Global Select Market is currently in question due to the exchange’s disapproval of the company’s plan to consolidate the financial results of Canopy USA at one point. If Canopy chooses to continue with its plan and speed up its entry into the U.S. cannabis market, its listing on Nasdaq could be in jeopardy
Breakout of the wedge on the support.In the figure, you can see the support marked with a purple color, which is the defense of the previous LOW.
There is also a wedge on this support.
If the trend line is broken, and the wedge is broken at the same time, there is a possibility of entering a trade and achieving a risk to reward ratio of four to one.
[Scenario] I am waiting for a correction to the 50% Fibonacci retracement, then there is a possibility of entering with a risk to reward ratio of three to one.
Remember that you can create many scenarios in the market. This is just one of the possibilities.
I am waiting for it because it will be a kind of entry after the correction, there will also be a retracement of our movie, and a probable conference of the trend line and clouds, which already gives us several confluences in one trade. Therefore, this trade can be nice.
That’s why I’m creating a scenario in advance to watch what the market will paint.
=> If the market goes in my direction according to this scenario, I will of course be happy and I will make a transaction.
=> If the market seeks straight up, I will not be unhappy at all, because it is simply another scenario that has drawn itself on the market.
The market always draws its own, scenarios do not always check out. However, it is worth creating scenarios to be prepared. Well, what will appear on the market, and not just wildly react to what is happening.
Planning instead of reacting.






















