Financials
Bank of AmericaBAC could still be in the current retracement of the previous low. I see some bearish candles under the 200 ema (purple). Although the previous high, has been broken, I see a lower high and a new low on the 1 hour timeframe. BAC could be falling to a nice buy zone in the future. Let's see what happens!
ONTUSDT (Future) (Short)in 1 Hour time Frame
-All points are marked in the chart
-The bearish is clear
-Determining the entry point based on the break of the trend line in the RSI indicatore.
-There is a Hidden Divergence Bearish ( RSI Indicator).
-A support area is also seen in the RSI Indicator.
*Targets:
Due to the market turmoil, several targets have been indentified and saving must be required.
-profit: 10%
+Disclaimer
This is not financial advice.
The content of this analysis is subject to change at any time without notice.
$XLF US Financial stocks looking healthyNice flag consolidation in the financial names (XLF ETF). If this flag breaks up I have two potential targets. Shorter term based on the range of the consolidation channel targets $41.50, and if you project using the distance of the flag pole from the breakout, extended targets sits at $43.50
S&P 500 Daily Chart Analysis For December 2, 2021Technical Analysis and Outlook
The Main Trend is currently interrupted - the Outer Index Dip notes price outcome 4480 in progress with underlying Mean Sup 4470. However, once the dying market breaks down, be prepared for this mentally and with your wallet; otherwise, it will be a rough ride supporting two primary supports: Mean Sup 4360 and Key Sup 4300.
SOFI trendline bounce?$SOFI
Showed strength amid red market Friday. Held the $18 psychological level as well. Not a bad place IMO to pick up shares either if you're bullish long term..
- Bounced off 4HR trendline
- Held the $18 level
Calls as long as 18 holds
or BTD around 17.30
Will monitor XLF, IWM, for sediment.
Targets: 18, 18.50, 18.84,
My stop will be a 15 min close below 17.30
Happy trading!
NetEase Releases Third Quarter 2021 Unaudited Financial Results"As an innovation-driven content creator, we will continue to deliver thoughtful premium content and products to our users across each of our carefully cultivated disciplines," said the CEO and director of NetEase, William Ding.
Third Quarter 2021 Financial Highlights
- Net revenues were CNY 22.20 billion (USD 3.4 billion), an increase of 18.9% compared with the third quarter of 2020.
- Online game services net revenues were CNY 15.9 billion (USD 2.5 billion), an increase of 14.7% compared with the third quarter of 2020.
- Youdao net revenues were CNY 1.4 billion (USD 215.3 million), an increase of 54.8% compared with the third quarter of 2020.
- Innovative businesses and other net revenues reached CNY 4.9 billion (USD 761.1 million), an increase of 25.7% compared with the third quarter of 2020.
- Gross profit was CNY 11.8 billion (USD 1.8 billion), an increase of 19.5% compared with the third quarter of 2020.
Total operating expenses were CNY 8 billion (USD 1.2 billion), an increase of 14.5% compared with the third quarter of 2020.
- Net income attributable to the Company's shareholders was CNY 3.2 billion (USD 493.8 million). Non-GAAP net income attributable to the Company's shareholders was CNY 3.9 billion (USD 598.7 million).
Basic net income per share was USD 0.15 (USD 0.74 per ADS). Non-GAAP basic net income per share was USD 0.18 (USD 0.90 per ADS).
Third Quarter 2021 and Recent Operational Highlights
- Expanded games portfolio with new games in more diverse genres, including:
Naraka: Bladepoint, which broke the sales record of buy-to-play games by Chinese developers and led the Steam top-sellers chart, remaining in the top 5 for weeks following its global launch in August.
Harry Potter: Magic Awakened, which led China's iOS top grossing chart and top download chart following its launch in September.
- Exciting new titles in China such as Ace Racer, Infinite Lagrange and Nightmare Breaker.
Launched The Lord of the Rings: Rise to War in Europe, the Americas, Oceania and Southeast Asia.
Extended solid popularity of franchise titles including the Fantasy Westward Journey and Westward Journey Online series.
- Enriched dynamic game development pipeline with exciting advancements to upcoming games including The Showbiz: Dream Chaser, the console version of Naraka: Bladepoint, Diablo® Immortal™, as well as Ghost World Chronicle, and Harry Potter: Magic Awakened in international markets.
- Progressed Youdao's capabilities as an education technology provider, with steady advancements in STEAM courses, adult learning and smart learning hardware devices.
- Expanded NetEase Cloud Music's content ecosystem and product innovation capabilities to strengthen its highly-engaged music-enteric community, delivering a solid financial performance.
Bitcoin (BTC/USD) Daily Chart Analysis For November 13, 2021Technical Analysis and Outlook:
Bitcoin has completed our Inner Coin Rally 65,990, as we have newly developed Key Res 67,530 target to be revisited following takedown to Mean Sup 60,990, along with the Inner Coin Rally 70,190, and an all-time high of 69,000 marks.
EUR/USD Daily Chart Analysis For November 16, 2021Technical Analysis and Outlook:
The Euro is currently in completion mode with our Inner #2 Currency Dip 1.1407 and Inner #1 Currency Dip 1.1367. BARC (Trade Selecter System Proprietary Symbol) confirmation is required to initiate buying opportunity - intermediate downtrend halt. The aggressive (High-risk takers) may buy currently fluctuating prices around Inner #1 Currency Dip for short-term gains. Low-risk traders stand by.
Tencent Music Sees Rise in Revenue - Q3 2021 Financials ReleasedOnline music paying users jumped 37.7% to 71.2 million from a year earlier, while the figure increased by 5 million from the prior quarter.
The total revenue of Tencent music in the third quarter was CNY 7.81 billion, an increase of 3.0% over the same period.
The net profit was CNY 1.06 billion, a decrease of about 35% over the same period.
The financial report also pointed out that in the first three quarters of 2021, the total revenue of the firm was CNY 23.63 billion, an increase of about 13.5% over the same period last year.
The revenue from online music services was CNY 2.89 billion, a year-on-year increase of 24.3%.
The revenue from music subscription services was CNY 1.9 billion, a year-on-year increase of 30.2%. This growth was due to the record number of online music paying users, reaching 71.2 million, a year-on-year increase of 37.7%.
The revenue from social entertainment services and other businesses was CNY 4.92 billion, a year-on-year decrease of 6.4%. Tencent music said that this was due to the temporary loss of some mild users to other pan entertainment platforms, resulting in a year-on-year decrease in the company's online music and social entertainment Mau.
The results come amid a regulatory crackdown in China on sectors from tech to education and property. The company's parent, Tencent Holdings, said in August it had ended all exclusive music copyright agreements after regulators barred it from such deals.
Bitcoin (BTC/USD) Daily Chart Analysis For November 8, 2021Technical Analysis and Outlook:
Bitcoin has been moving upwards since Nov 6th by breaking out from a Mean Sup 60,990 accumulation line. The target is Key Res 65,990 is completed as of Nov 8th with an extension to an All-time high of 67,016 and Inner Coin Rally 70,150. Two buy zones stand as Mean Sup 60,990 and mean Sup 58,450.
S&P 500 Daily Chart Analysis For Nvember 8, 2021 Technical Analysis and Outlook
The present fractal model suggests that the next significant target of interest will be the Inner Index Rally marked at 4,775, along with the future Next Outer Index Rally 4,925. The Mean Sup 4,545 is high quality and significant buy point.
$KRE Weekly Box BreakoutAs mentioned in XLF idea, Financial charts looking bullish with a nice weekly box breakout. KRE regional banking etf :
- Look for retest of box or possible sellers to step in for a push down to 8EMA green line
- My bias and bull case - continuation , especially with the MACD bullish cross confluence.
I'm long Dec 72c but can also form a spread with the Dec 69p (.28 delta)
BOE Reached CNY 20 billion in Net Profit as of Q3 2021In the first half of 2021, BOE continued to rank first in the world in terms of display shipments in the five application areas of smartphones, tablets, notebook computers, monitors, and TVs.
BOE released its Q3 earnings report for the period ended September 30, 2021, on October 28.
· Operating income was CNY 56 billion, a 46.8% year-on-year increase.
· Net profit was CNY 7.3 billion, a 441.1% year-on-year increase.
· Debt ratio was 13.88%.
· Gross margin reached 44.32%.
· Financial expenses were CNY 99 million.
The First three-quarter financial reports for the IoT firm are as below:
· Revenue was CNY 163.3 billion, a 72% year-on-year increase.
· Net profit was CNY 20 billion, a 708.4% year-on-year increase.
BOE issued the "Announcement on Provision for Asset Devaluation in the First Three Quarters of 2021." The company’s provision for inventory depreciation in the first three quarters of 2021 was 3.949 billion yuan, transferred back 1.24 billion yuan, and resold 792 million yuan. Inventory impairment losses in the first three quarters of 2021. The total profit is 1.918 billion yuan.
The company also released the investment project – "BOE Chengdu vehicle display project" with CNY 2.5 billion. The project strives to start production at the end of 2022, with an annual output of approximately 14.4 million onboard display screens after reaching full capacity.
SF Holding’s Net Profit Drops by Nearly 70% in the 1st 3Q 2021The acquisition of Kerry Logistics assets reached CNY 200 billion.
SF Holding released its Q3 earnings report for the period ended September 30, 2021, on October 28.
· Operating income was CNY 47.5 billion, a 23.5% year-on-year increase.
· Net income was CNY 1.0 billion, a 43.5% year-on-year decrease.
· Gross margin decreased by 6.8%.
· Completed 51.5% shares of Kerry Logistics, followed by a 71.4% increase in SF holding’s total asset
The First three-quarter financial reports for the logistics firm are as below:
· Operating income was CNY 135.9 billion, a 23.97% year-on-year increase.
· Net income was CNY 1.8 billion, a 67.9% year-on-year decrease.
· Shipments reached 7.7 billion in the first three quarters, with 36.39% growth.
· The government subsidy included in the profit reached CNY 630 million.
Through the acquisition of Kerry Logistics, the improvement of SF holding’s international business layout will continue to accelerate its operating capabilities for the foreseeable future. Therefore, the recovery of SF Holdings' profitability is expected to rise in the future.