BT.A - BT GROUP PLC - LONGThis is an analysis of BT GROUP PLC - a British telecom company, the following is strictly my own personal opinion and does not constitute financial advice.
Key numbers:
Dividend yield TTM - 6.47%
P/B - 0.81
P/E - 5.56 (currently)
Market cap 11 817 MGBP (11.8BGBP)
Analyst estimates:
Analyst estimate average for BT.A is 188.5 GBX which is equivalent to a 65.42% increase from todays price.
Key information:
CEO has been replaced with Telias ex-CEO Alison Kirkby, she claims to have the same vision for the company as previous CEO Phillip Jansen. Telia stock has been following a similar trend as BT.A, and as news was released today both shares dropped. However, analysts believe BT.A is overweight, and the consensus among analysts is that BT.A is a buy/strong buy.
Technical analysis:
BT.A made a bullish divergence on recent support level at 120GBX 11th of July, likely due to uncertainty around the next CEO of the company, the stock consolidated until today. As news came out regarding the change of CEO, shares dropped in price, dropping down to previous support on 110-112GBX - still within the lines of a bullish divergence.
Strategy:
I am currently in possession of BT.A shares with a GAV of 123GBX which I am looking to hold. The lowest sell side analyst target is at 100GBX, and if price continues to drop to support at 95-100GBX and the divergence between relative strength and price continues, I will be looking to increase my position in the stock as long as no unforeseen news arise.
If the price holds above support on the 110GBX level I will not add to my position, and I will follow my original strategy to wait for price to get closer to AVG analyst estimate, or take profit around 160GBX at the stocks previous high. Taking profit at 160GBX will net roughly 34-35% gain when factoring in dividends paid out 13th of September.
Should price drop below the 95-100GBX support level, I will re-evaluate my position and look to liquidate the shares if there is any indication that the fundamental situation of the company has changed for the worse, or if the bullish divergence becomes invalid.
Divergence
GBPCAD → I believe a downward movement
hello guys...
if you check indicators like MACD or RSI you find out a divergence...
if you look wider and zoom out you see a three-drive pattern,
in my point of view, in this case, I assume an R:R 1:1 short position...
but for you, just wait until the price break out of the trendline and get a short position after retrace!
target 1: 1.6711
target 2: 1.66.06
target 3: 1.6414
target 4: 1.6315
_______________________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
Oil - DIVERGENCE - Short position as expectedAs I said on my previous idea (check the link below) the price was forming divergence, showing that the upward move was almost ending. Also there was a major resistance area between 82.00 and 83.50. A expected, the price reached the resistance level and immediately dropped.
By the time i write, the position is already ITM with RR 1.40.
MACD Divergence: Enhancing BTCUSDT's Breakout PotentialBitcoin's (BTC) recent movement against USDT has captured attention as it breaks free from a falling wedge pattern. Despite modest volume, the breakout holds promise. Notably, a divergence in the MACD indicator on the 8-hour chart adds further intrigue, suggesting a potential bullish momentum shift. While these signs are positive, cautious analysis and market awareness remain crucial in navigating the dynamic cryptocurrency landscape.
Good signal for reversing to 0.32Weekly Chart
Fantom BINANCE:FTMUSDT has ChoCh after closed above 0.5185 on Jan 30 2023
Daily Chart
BINANCE:FTMUSDT has buying pressure and it can be done a hammer candle
Chart 4H TF
Fantom is creating a divergence RSI and price, so it's a good signal for reversal
Wait for next move
Is this the turning point for NIO? NIO earnings are this Friday 9th June
- Positive Divergence
- OBV breaking upward potential
- As per prior post, we are in half way into the long
term buy zone. Long term accumulation can
commence for long term investors.
- Price could drop as low as $6 however there is no
guarantee, and with the positive divergence there
is a trade to be considered to the upside with
earnings on the agenda this Friday.
- Stop Loss at June 1st low somewhere between
$7.00 - $7.42 depending on risk tolerance.
👁TOTAL:Crypto Market Prospect-a Vision of C Market to consider✏️Hi every one! As you know Market is in a questionable Place, Some say Bull Run going to start soon, and some say That was it! and BTC gonna Fall below 10k, I belive The Run kinda Started already! But all opinions aside I had This sight for a while and I'd liked to share with you.
✯So I am Bullish at all, BUT until That moment, I belive market should've go Some Swing Down❗️
How Much? Better Decide together AFTER checking Options in This Sight.
I tryed to empty The chart for The clear view, But some should remain for giving direction,
So please zoom in for more details.
🟣As You can see in The chart,price is playing at a opposite Triangle,Which is at End/Top corner of Another opposite Triangle,
which is much bigger and drew in white.
🟡we also have multi divergence in The chart, most important of them is on Daily {visible at OS/Volume osc/RSI}
I Marked Them with yellow colored brush, one more lesser important divergence is in 4H,visible in green brush if you zoom.
📌 📌 📌 As I Mentioned vision is what is more important,But I also marked The bear Time Targets on The chart With pink H.ray ,
Here we go;
1️⃣ 1.17T when Price test downside of The channel and rise, which is dreamy For Bulls!!
2️⃣1.033T when Price test The mid of Second/smaller Triangle and Break out/rise.
3️⃣845.588B when Price go Down and complete another Side of T , Then Break Out.
4️⃣462.473B when Price swing down smaller Triangle,Break it down and fall to form a whole New Side of That Main Triangle.
[Not LIkely/BEARS choice
📊I repeat,I Just want to give you a prospective and share a Sight,
and I appreciate your comment, good when you say you are interested out loud,
commenting your own sight will also be Nice
Thank you
📈XAUUSD analysis near FOMC meeting📉OANDA:XAUUSD
FOREXCOM:XAUUSD
Gold analytical series, Episode 21
Hello Traders, please check out my previous ideas.
If the price stabilizes above the indicated channel, the short scenario won't be fulfilled.
targets are on the chart.
optimum stop-loss is above the 1971-1975 level.
✌💥If you are satisfied with my analytical content, please share my ideas💥✌
✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
CrazyS✌
GBPUSD ALERT: BULLISH DIVERGENCE DETECTED! 🚨📈💡 GBPUSD ALERT: BULLISH DIVERGENCE DETECTED! 📈🚀
🔍 What we've discovered during our examination: 🔍
📈 Bullish Divergence: Despite the prevailing bearish trend, we've identified a bullish divergence forming on the GBPUSD 1-hour chart. This could be a sign of a potential trend reversal! 📉🔄📈
📈 Relative Strength Index (RSI): The moment indicator RSI is backing this bullish divergence signal, suggesting a possible upward momentum in the near future! 📊🚀
🚨 Trading Alert: 🚨
📌 Time Frame: 1 Hour ⏰
📌 Pair: GBPUSD 🇬🇧💱🇺🇸
📣 Our analysis indicates a potential bullish move for GBPUSD, but a word of caution before you hit that trade button: 🛑⚠️
🚫 Trading always involves risk, and even though the indicators look promising, it's essential to consider your risk tolerance and use proper risk management strategies. 💼🛡️
💡 Trading Tip: 💡
📌 Wait for Confirmation: It's crucial to wait for additional confirming signals before entering any trade. Always look for supporting evidence to strengthen your trade decision. 🕵️♂️🔍
📌 Set Stop-Loss: Protect your capital! Always set a stop-loss order to limit potential losses in case the trade doesn't go as planned. 🛡️💰
📌 Stay Informed: Keep an eye on market news and events, as they can impact the forex market. Stay updated to make informed decisions! 📰🌍
Remember, the market can be unpredictable, so never risk more than you can afford to lose! 🙅♂️💸 Trade responsibly and smartly! 🧠💪
Happy trading! 🚀📊💹
#Forex #GBPUSD #BullishDivergence #TradingAlert #TradeResponsibly
🔥 Bitcoin In Danger 🚨 Bearish Divergence Playing Out!Last week I made an analysis on BTC's bearish divergence on the 3-day chart. Seeing the bearish price action we got recently, it seems that this bearish divergence is playing out well.
In my eyes, it's very likely that BTC will go down from here onwards. Next target is the dotted purple support line.
Seeing there's another FOMC interest announcement tomorrow, Bitcoin is in danger of breaking through said support in case the market doesn't like tomorrow's meeting. In that case, my expectation would be that the top for 2023 is in.
All eyes on tomorrow.
Divergence on Petronet Weekly ChartThe weekly chart analysis suggests a potential upward movement. The 14-day stochastic oscillator has reversed from the oversold zone, indicating a momentum shift. Price found support at 220 level. A fresh divergence on the chart adds to the indication of an upcoming upward trend.
Buy at Market, Target at 235, Stop Loss at 218
XRPUSDT can ascend furtherThe XRPUSDT is in a Bullish phase by Ascending Triangle.
🌟 Bullish signals are:
- Pivot Yearly
- Ascending Triangle
❗ and the Upward signals of market momentum are:
- Divergence in MACD
- moving Ema 200
❗ Note if the Triangle is broken downwards with the strength of Bearish candles, this analysis of ours will be failed.
✅If this post was useful for you, like it ❤️ and if you think it is useful for your friends, be sure to send it to them.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
🌍Thank you for seeing idea .
Have a nice day and Good luck.
🔥 Bitcoin Double Bearish Divergence: Caution! 🚨With BTC failing to break confidently through 31,000$, a bearish short-term scenario for BTC becomes more and more likely.
As seen on the chart, Bitcoin is experiencing a double bearish divergence on the 3-day chart, which started forming all the way at the start of 2023. The first (yellow) bearish divergence is arguably already "over", since the fall from 31k to 25k. However, the blue (second) bearish divergence is still very much alive and poses a risk to bullish investors.
A daily close below 29,500$ would dramatically increase the risk of a change in trend towards the bearish side. First support being the bottom dotted support line.
This move would be in line with my most recent bearish analysis for Bitcoin where we would trade in a bearish symmetrical channel, see below.
Over the long-term, I'm still bullish and of the conviction that the bottom is most likely in. Nevertheless, there's always a risk of shorter term bearish periods.
Share your thoughts in the comments 🙏
Decoding ETHUSDT's Descent: Exploring Lower Time Frames for PoteEmbark on a thrilling journey through the fascinating realm of ETHUSDT's descending trend on lower time frames.
Delve into the heart of cryptocurrency analysis as we uncover a compelling revelation:
the 15-minute time frame pointing towards a sell signal. Our in-depth exploration further unravels a crucial zone with the potential to trigger price decrements upon interaction in the 1-minute timeframe.
Enhance your trading prowess with a vivid visual representation from the 5-minute chart, and seize the chance to navigate the complexities of Ethereum's downward trajectory.
BTC ShortAfter doing an analysis on BTC. It is clear that a divergence is being formed which is a very bearish sign. We should expect a pullback to 28400, where I will be opening a speculative long position as FVG area would be filled out and it is in the 0.5 Fib Area so a bounce-back is expected. Long term I am expecting BTC in the 18/20K area for Spot Orders.