Momentum indicators favour breakout. Price doing a double bottom on the 4h chart, with RSI and MACD trending higher (a bullish divergence)
Hi guys, we would be looking next into City Group, the 3rd biggest Banking coroporation in the US. Currently they have been quite undervalued in comparission to it's counter-part in the eyes of JP Morgan. They still are holding a tremendeous amount of assets and have a lot of potential for an upswing! Under CEO Jane Fraser's leadership, Citigroup has streamlined its operations, focusing on five core business areas and exiting consumer markets in 14 countries. This strategic transformation is expected to enhance efficiency and profitability. Analyst Mike Mayo projects that Citigroup's return on tangible equity could increase from the current 7% to 11-12% by 2026, with earnings potentially reaching $10 per share. He also suggests that the stock could double in value over the next three years. Analyst Recommendations Analysts have set an average price target of $82.14 for Citigroup, with estimates ranging from $66.00 to $110.00, indicating a potential upside from the current trading price. Citigroup's current valuation, trading below its tangible book value of $90, presents an attractive opportunity for investors. The company's diversified revenue streams, including a global services operation, a top-tier investment bank, and a leading credit card company, position it well for sustained growth Citigroup's strategic initiatives and favorable analyst outlooks suggest a positive trajectory for the stock in 2025. Investors may find Citigroup an appealing option for potential growth in the financial sector. Entry on Market Open Target 1: 90 Target 2: 110 Target 3: 166 Target 4: 240 P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my community so you can follow up with me in private!
BTC daily chart speaking: The phase of the market cycle is the trading range " TR "
Gold Technical Analysis The price continues to consolidate within the range of 2,620 and 2,604, awaiting a breakout. A 1-hour or 4-hour candle closing below 2,604 would confirm a bearish trend, with potential targets at 2,585 and 2,558. Conversely, if a 4-hour candle closes above 2,623, it would signal a bullish trend, paving the way for upward movement toward 2,636 and 2,653. Key Levels: Pivot Point: 2615 Resistance Levels: 2623, 2636, 2645 Support Levels: 2604, 2591, 2585 Trend Outlook: Bearish below 2604 Bullish above 2623 previous idea: https://www.tradingview.com/chart/XAUUSD/PKBwcSJt-GOLD-Consolidation-Near-Resistance-Ahead-of-Year-End-Moves/
Update on how Meta is dowing! I am still on the position
As you know, Ive been so bullish on accumulating great coins the previous quarters.. As we end up 2024, my hopes up still on ethereum and gamefi What is OMXTSE:MAGIC ? Treasure is revolutionizing the gaming landscape as a decentralized game console, seamlessly merging blockchain technology with immersive gameplay. Operating on a robust EVM-compatible blockchain, Treasure empowers developers with a comprehensive suite of tools to create the next generation of on-chain, player-driven games. At the heart of this ecosystem is OMXTSE:MAGIC , the native token that fuels interactions across the platform, from in-game transactions to governance decisions. TOKEN INSIGHT Treasure's innovative approach includes: Treasure Chain: A Layer 2 solution tailored for gaming, offering fast and cost-effective transactions to enhance player experiences. Treasure Development Kit (TDK): A powerful set of developer tools designed to integrate blockchain functionalities directly into games, streamlining the creation of decentralized gaming experiences. Magicswap: A permissionless automated market maker (AMM) with universal token compatibility, enabling in-game exchanges and fostering a dynamic in-game economy. By providing an end-to-end tech stack and a vibrant community, Treasure is not just building games but creating a holistic ecosystem where developers and players collaborate to shape the future of gaming. Treasure chain is also live, has real governance DAO, based smol community (real diamond holders), has legit games and rev Also integrated ai agent for their game! As you can see the highest R:R rn. NFA
The bottom indicator is flashing. For holders, what is needed is a breakout of the parallel structure and a bullish MACD crossover, with a rising CCI levels and a RSI around 50 to 60. Be very careful. Please observe FVGs and key levels on chart.
well well well , looky looky folks. history dont repeat? sure. but it does rhyme Happy shopping , dont forget to unload your bags before the next sale!
Hi guys ,off to our next opportuntiy WFC , currently one of the bigger banks in the US which have some good upside potential! Fundamentals : Financial Performance In the third quarter of 2024, Wells Fargo reported a net income of $5.1 billion. This performance reflects the company's resilience and adaptability in a dynamic economic environment. Wells Fargo offers a comprehensive range of services, including banking, insurance, investments, mortgage, leasing, and credit cards. The company operates approximately 5,200 branches and 13,000 ATMs, serving one in three U.S. households and more than 10% of small businesses in the U.S. The company has been under a regulator-imposed asset cap of approximately $1.95 trillion since February 2018, following past regulatory issues. There is anticipation that this cap may be lifted in 2025, which could significantly enhance Wells Fargo's growth and profitability. Wells Fargo remains a significant player in the financial services industry, demonstrating both strengths and challenges. The company's extensive range of services and substantial asset base position it well for future opportunities, while ongoing regulatory and market challenges require careful navigation. Entry : On market open Target: 87.15 P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my community so you can follow up with me in private!
Global gold is still in a price correction, and this upcoming downward wave may mark the end of the correction, in other words, it could be the end of the big wave 4.