January 15, 2025 - Analyzing the 1D Bitcoin chart. We've got several patterns playing out . Let's review them 1 by 1.
Here is a quick video looking at BTC and trying to determine areas of difficulty Based on trendlines
XAUUSD Gold is hovering near a critical resistance level zone today. Traders should approach with caution and trade at their own risk, as the market shows potential for both upward and downward movements. While the overall trend may suggest bullish momentum, a reversal cannot be ruled out, making it essential to monitor price action closely before making decisions.
Cartrack was restructured into a new international listing under the name Karooooo (KRO) on 21st April 2021. The company operates in the vehicle recovery, insurance, telematics, and fleet management sectors across 24 countries. With a 92% recovery rate, Karooooo claims to lead the industry. The company has shown remarkable organic growth, with its subscriber base increasing by 21% compound annually over the past six years. Approximately 96% of Karooooo's turnover is annuity income, ensuring stable and predictable revenue streams. The company was founded by Zak Calisto, who owns 68,5% of the Singapore-based firm. Its rapidly growing annuity income, combined with its rand-hedge characteristics, makes Karooooo an attractive investment for private investors. It has also been drawing strong institutional interest. With minimal working capital requirements, the company's annuity income covers its overheads even before the start of each month. Investors are encouraged to accumulate this share during periods of market weakness. On 7th December 2020, the company announced plans to list on NASDAQ with an inward listing on the JSE, enabling access to international capital markets. On 12th February 2024, Karooooo announced a share buyback plan to purchase up to 1 million of its own ordinary shares in the market. In its results for the six months to 31st August 2024, Karooooo reported earnings per share (EPS) up 31%, with a 17% increase in subscribers to 2,136,610. Subscription revenue grew by 15%. The company stated, "Cartrack delivered record operating profit of ZAR293 million, up 16% (Q2 2024: ZAR252 million). The gross profit margin expanded to 74% (Q2 2024: 71%) and the operating profit margin remains at 29% (Q2 2024: 29%). Karooooo Logistics operating profit grew by 20%." In an update for the third quarter to 30th November 2024, Karooooo reported that Cartrack's subscribers had increased 17% since 30th November 2023, while subscription revenue rose 19% in US dollar terms. The company added, "Cartrack reported a growth of 7% in operating profit to ZAR316 million (Q3 2024: ZAR295 million). The gross profit margin improved to 74% (Q3 2024: 73%)." Although the share trades at a price-to-earnings ratio (P/E) of 31,53, making it relatively expensive, its outstanding growth record and rand-hedge qualities make it a compelling investment. We continue to regard this share as a "must-have" for private investors and recommend buying it on any market weakness.
Little follow up on my previous idea since the market has decided to print a ~+15% bounce You'll see the fractal in notes (and below the link) https://www.tradingview.com/x/3KXnqWd5/
The stock is fundamentally strong and has consolidated. It has formed a inverted head and shoulders pattern on the weekly time frame. The neck line is at long term resistance. wait for it to be broken before you go long.
CRYPTOCAP:BTC always retests previous resistance as support
After conducting a thorough analysis on the XAUUSD H1 time frame, I'm excited to share my findings with you! Key Insights: The market has successfully crossed the supply zone, indicating a strong bullish momentum. The Regression trend indicator confirms a bullish trend, backing our buy decision. Trade Details: Gold Buy Now, Entry: 2696 Stop Loss: 2686 Target: 2720 Trading Strategy: I'm recommending a buy position on XAUUSD, leveraging the bullish momentum to reach our target level. With the Regression trend indicator confirming the bullish trend, I'm confident that this trade will yield profitable results. Stay Tuned for Updates! As the market evolves, I'll keep you informed about any changes or adjustments to this trade setup. Best wishes, Publu
https://www.tradingview.com/x/Tr8MHAzH/ CADCHF formed a nice trend-following bullish setup. After a test of a key level, the price bounced and violated a resistance line of a bullish flag pattern. We can expect a bullish continuation at least to 0.6372 level now. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSD the CUP AND HANDLE is formed on the 1 hour chart. Therefore, we can expect that gold will soon conquer the previous high level and turn it into a new support for further price increase in the near future.