NYSE:HPE The stock is testing critical support at $20.55 , which serves as the neckline of a potential double top reversal pattern . The stock remains in a broader uptrend since March 2020, but the current price action is showing increasing downside pressure, putting this key level at risk. ? Bearish Scenario – Breakdown in Focus: A clear break below $20.55 could confirm the double top pattern, opening the door for a move toward $16.78, where the long-term ascending trendline from March 2020 aligns. This would represent a -18% decline and signal a potential shift in market structure. ? Bullish Outlook: As long as NYSE:HPE holds above $20.55, the uptrend remains valid. A bounce from this level could see price retesting resistances at $21.98, $24.24, and $24.66. ? Resistance and Support Levels: ? Support: $20.55 (neckline), $20.34 (most recent fractal support), $15.77 ? Resistance: $21.98, $24.24, $24.66 Happy Trading, André Cardoso https://www.tradingview.com/chart/EURUSD/TRN8FkXp-Double-Top-definition-2618-trade-setup/ ? Risk Warning: Trading financial assets carries a high level of risk and may result in the loss of all your capital. Make sure to fully understand the risks involved before you start trading and carefully consider your investment objectives, level of experience, and risk tolerance. The data and information provided in this content do not constitute financial or investment advice and should not be considered as such. Only invest what you can afford to lose, and be aware of the risks associated with trading financial assets.
Curro (COH) is a private education group that concentrates on building and running schools for children up to matric. Their tertiary division was unbundled with effect from 3rd October 2017 and separately listed on the JSE as Stadio (SDO). Curro has taken advantage of the general decline in government education since 1994. It is a spin-off from PSG (which now holds 17.2%). On 30th December 2015, it reached one of the highest price:earnings (P:E) ratios ever recorded on the JSE at 245. This was mostly because of its perceived "blue sky" potential. There seemed to be no limit to the expansion of its business model as it acquired or built more and more schools. Curro runs 178 schools and 76 campuses with an average of just over 72,000 students. The company has reported falling pupil numbers and parents under financial pressure to pay school fees. It has also impaired the value of its schools by R202m and increased its bad debts provision. On 1st March 2022, PSG announced that it would be unbundling its holding in Curro (63.6%) into the hands of PSG shareholders. The objective is to release value into the hands of PSG shareholders. The company is engaged in legal actions with the City of Johannesburg to prevent schools from being classified as businesses for the purposes of rates. This action was found in their favour on 2nd March 2023. In its results for the six months to 30th June 2024, the company reported revenue up 8.3% and headline earnings per share (HEPS) up 16.2%. The average number of learners increased by 0.5% to 72,758. The company stated, "The total school fee revenue increased by 6.8% due to the growth in learners, coupled with the annual increase in school fees for this year, which averaged about 6.0% per learner for this year. The group recorded a strong increase in ancillary revenue, which was 17.2% higher than the previous period." In a trading statement for the year to 31st December 2024, the company estimated that HEPS would increase by between 9.3% and 17.5%. EPS was expected to increase by between 117.1% and 217.1% due to the reversal of impairments worth between R340m and R380m. Technically, the share is in a strong upward trend which has been in place since June 2023. Education is generally a good investment because parents tend to pay in advance for their children's education, which means the education companies have lower working capital requirements. While they do not tend to have union problems, they are capital intensive as each school requires significant infrastructure to function, and this adds risk.
Took a chicky buy here after we have establish good support @ 148.643 and creating DOUBLE BOTTOM 1H My target is 151.44 which its not tested RESISTANCE before we continue down trend if that RESISTANCE HOLDS 151.44 will be good area to sell if we get good BEARISH CANDLE FORMATION Happy trading guys
Here's a summary of your updated BTCUSD trade setup: Trade Setup - Entry: $89,000 - Target: $87,000 - Stop Loss: $89,800 Risk-Reward Analysis - Risk: $800 ($89,800 - $89,000) - Reward: $2,000 ($89,000 - $87,000) - Risk-Reward Ratio: 1:2.5 Market Considerations - Market Trend: Monitor overall market trend. - Economic News: Watch for economic releases. - Technical Analysis: Consider key support/resistance levels. Trade Management - Position Sizing: Ensure proper position sizing. - Stop Loss Adjustment: Consider adjusting stop loss. - Take Profit: Decide whether to take profit at target or scale out. Stay vigilant and adapt to changing market conditions!
Looking to ride a short to my long POI where my Stairway to Heaven model resides. The short trade is based off a bullish manipulation during the start of London session towards the sellside liquidity and long POI is. - R2F Trading
CHINA GALAXY ($601881.SS) Q4—STEADY IN CHINA’S STORM (1/9) Good morning, TradingView! China Galaxy (601881.SS) is buzzing—$ 35.37B ‘24 revenue, up 2.23% ??. Q4 hints at grit—let’s unpack this securities star! ? (2/9) – REVENUE HUM • ‘24 Haul: $ 35.37B—2.23% up from $ 34.6B ? • Steady: X says no big dips—brokerage shines ? • Edge: Tough market, still ticking Galaxy’s humming—China’s steady hand! (3/9) – EARNINGS ZAP • ‘24 Profit: $ 10.13B—up 45.6% YoY ? • EPS: $ 0.63—beats ‘23 slump ? • Q4 ‘24: X buzzes resilience—details soon ? Galaxy’s profit surges—market maestro! (4/9) – BIG MOVES • Lead: Tops brokerage, futures—$ 36.26B ? • No Merge: CICC rumor nixed—solo run ? • Cash: $ 115.03B net—loaded vault ? Galaxy’s flexing—steady as she goes! (5/9) – RISKS IN SIGHT • China Slow: Demand wobbles—yikes ⚠️ • Regs: Rules tighten—costs nip ?️ • Volatility: Trading dips could sting ? Hot run—can it dodge the heat? (6/9) – SWOT: STRENGTHS • Broker King: $ 36.26B—top dog ? • Profit: $ 10.13B—45.6% zing ? • Cash: $ 115.03B—rock solid ? Galaxy’s a steady beast—built tough! (7/9) – SWOT: WEAKNESSES & OPPORTUNITIES • Weaknesses: Slow 2.23%, China lean ? • Opportunities: Digital boom, stimulus lift ? Can Galaxy zap past the bumps? (8/9) – Galaxy’s Q4 buzz—what’s your vibe? 1️⃣ Bullish—Profit shines bright. 2️⃣ Neutral—Solid, risks hover. 3️⃣ Bearish—China stalls it out. Vote below! ?️? (9/9) – FINAL TAKEAWAY Galaxy’s $ 35.37B ‘24 and $ 10.13B profit spark zing—steady champ ??. Low P/E, but risks lurk—gem or pause?
After BTC corrects to the $86K level and the Timeline sentiment hit an all time low it got me thinking, is there any correlation between sentiment around pivotal price levels of the market? To find out I studied the "Fear and Greed Index", an indicator that uses a range of sources such as volatility, volume, sentiment, dominance and trends to give a score out of 100. 1 being peak fear and 100 being peak greed. The results were interesting, currently the FGI is 21/100 (extreme fear) and if you've spent much time on crypto twitter is does feel that way too. However, during this bull market there are two key price areas where BTC had the same score: Bear market bottom - When the bear market ended after a full year of brutal selling BTCs price was around $16K with the same FGI score as today with 21. This signaled the end to the selling and began the bull market we have now. Q2-23 '24 bottom - For me, the most relevant time to compare FGI with todays score is with the bottom of the bearish trend channel we suffered through in 2024. Although price did wick below this $53,923 level to hit GETTEX:49K , the daily didn't close below it and so the September 6th low is the trend channel bottom. FGI score of 22 provided the springboard for the next leg up. So with his information the real question is this: Are we still in a bull market? If the answer is yes, then history tells us once FGI reaches these levels the bottom is in and the next leg up is around the corner. If the answer is no then the printing of a new lower high after yesterdays lower low will be confirmation of bitcoin rolling over. I am not sure which is true but having a plan for both will be very important.
CAPITALCOM:GOLD H1 Timeframe Gold is trending higher in the H1 time frame. If we look at the bottom up trend line which shows bullish trend, on the other hand there are Moving Average Convergence Divergence which points up as per my analysis we will consider to buy. GOLD Buy Entry Point: 2914 Target: 2926 Target: 2945 Stop Loss: 2897.5
USD/JPY Poised for a Potential Upswing from Key Support Zone The USD/JPY pair recently tested a robust daily support zone dating back to December 3, 2024, which has held strong for nearly three months. The price has demonstrated buyer interest, as evidenced by the recent halt in this area. It has already rebounded by nearly +100 pips, rising from 148.54 to 149.60. While there is some risk given that it's still early, the likelihood of another rise—whether a small or deeper correction—is present, especially with the re-emergence of political uncertainty as Trump resumes his familiar tactics. Key resistance levels to watch are: 151.00 152.10 153.40 You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Hey traders! GBPJPY is currently trending downward, and I'm anticipating a bounce on the trend line for the third time. If it breaks below the structure, I'm expecting an M pattern to form, which will help me identify a potential sell opportunity.