(RFP) will be acquired by a unit of Paper Excellence Group Resolute Forest Products (RFP) will be acquired by a unit of Paper Excellence Group in a roughly $2.7 billion deal that will see the Canadian forest products company added to the privately held firm's stable of pulp-and-paper assets in North America."With this transaction, Resolute will accelerate its growth as it gains access to more tools, capital and opportunities to pursue our ambitions with the combined resources of the Paper Excellence Group," Resolute Forest Chief Executive Remi Lalonde said in a statement.
Stockpicks
BRQS can easily double from here!Borqs’ Subsidiary Holu Hou was Energy Featured in a New York Times article today.
Holu Hou Energy has signed $49.8 million of Contracts in Q2 2022 in the State of Hawaii and are on track to sign onto over $140 million of contracts this year surpassing their previous forecast of $128 million.
Borqs Technologies has also Purchased 5G License with Qualcomm.
52 Week Range 1.60 - 17.28.
Market Cap of only 29Mil.
My price targets are $4.60 and $6.65.
Looking forward to read your opinion about it.
Clovis | 3 buy scenarios | One trial at a timeGreat run Clovis had the last days. However i prefer not to buy into runs and wait till my requirements are met.
I marked 3 possible places where i would buy if the following would happen:
- Price gets above the level
- Open and close of a monthly candle above the level, then buy
- Targets are based on the next resistance level
- Stop- Loss: None
Good luck
Disclaimer:
- This information does not constitute as financial advice and is only for educational purposes. I am not your financial advisor.
- You trade entirely at your own risk
- Make your own research
- Finance and trading is evil, capitalism is bad, duh ;)
GME yet show signs for Double in Price on Long term After Covid-19 Pandemic GME had e bubble no one expected from a single digit Stock to $486 and since then made a long correction down to this current price $145,i expect no further New low for this stock ,below $85 my analyses would be wrong ,which by other means it could be at all ,cuz we always talk from Propability based assessment ,as long as price is showing Upside potential and making Higher highs ,price could double in this Stock and reach at our honest opinion $760 ,it could happen this year ,or the new year to come . For me GME is a stock to keep an eye on ,as we are talking about Risk to reward ratio of minimum 10.to Maximum 21+.Happy Trading and Investing for All Guys .
SPX Daily TA Neutral BullishSPX Daily TA neutral with a bullish bias. Recommended ratio: 55% SPX, 45% Cash. *Equities, crypto, USD, gold all are getting off to a rough start this session while treasuries and energy started the week off with a boost. Global inflation numbers are continuing to print higher, Russia defaulted on their foreign debt for the first time since 1918 because many developed countries are not accepting the Russian Ruble, NATO is increasing military high-ready support forces for Ukraine to 300k , and 3AC has defaulted on a $670m loan from Voyager Digital . Key dates this week: 3rd Q1 GDP estimate due 830am (EST) on 06/29 and Core PCE Price Index report due at 12:30 (EST) on 06/30 .* Price is currently testing $3938 minor resistance which coincides with the lower trendline of the descending channel from August 2021. Volume is currently Moderate (low) and on track to break a five day streak of buyers dominance if it can close today's session in the red. Parabolic SAR flips bearish at $3637, this margin is mildly bearish. RSI is currently trending sideways at 48 as Price is encountering a critical resistance at this level; the next RSI resistance is at 52.68. Stochastic remains bullish and is currently trending up at 68 (after blowing past 48.08 resistance) as it approaches a test of 76.29 resistance. MACD remains bullish for a second consecutive session and is currently testing -76.22 resistance, if it breaks above this level then the next resistance is at -43.84. ADX is currently trending down at 24 as Price continues pushing up, this is mildly bullish. If Price is able to break above $3938 minor resistance and reclaim support at the lower trendline of the descending channel from August 2021 (~$3960), then it will likely retest $4175 resistance. However, if Price is rejected here at this critical resistance, it will likely retest $3706.52 minor support before potentially heading lower. Mental Stop Loss: (one close below) $3800.
MANYAVAR Looks Strong, Can breakout of BOX Trade soon!NSE:MANYAVAR Looks interesting, its trading in this range from last couple of days, on good days of NIFTY stock gives good momentum on Upside.
Might soon breakout of the Box trading active in last couple of days on this counter.
Weekly stock pick #4 and last of the week. Don't usually invest in funds but I like the set up here with 12M crossing 36M moving average , a lot of space to move up and the energy sector is good fundamentally at the moment . Id be entering now and selling 50-100% gains.
www.gsam.com
Long-term Uranium stock pick #1 UUUUI love the fundamentals on Uranium , especially since the war in Ukraine , Europe's new realisation that it has to be more independent for energy and the push for the west to go Green. Its the perfect set up , couple this with supply and inventory limitations the price of Uranium will have to increase over the years to bring on new supplies , ~$70 spot.
I plan to add to explorers and juniors but first some producers. #1 UUUU for now.
Ill be holding long-term hopefully seeing this TA arc complete in the 10-30x zone.
You know what to do if you like the content/ideas.
Teva Pharmaceutical Industries Analyze (Rising Wedge)!!Teva is running in Descending Channel at a daily timeframe, also Teva was able to make Rising Wedge at 4h timeframe, while we can see sell signals in MACD & RSI Indicators.
Rising Wedge's 🎯 Target 🎯: around 8$
🔴 Heavy Resistance zone : 11$ until 10.3$
Teva Pharmaceutical Industries Analyze, 4h Timeframe (Log Scale)
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe
Weekly stock pick #2 #SHLX My 2nd stock pick for the week. I like the macro fundamentals long-term and he TA set up here to buy and hold for awhile.
Please follow and like and ill start doing these weekly. Whenever I take a position.
Weekly stock pick . Shandong Publishing and Media One of my weekly buys . Stock picks for long-term hold . Hold till 0.5 on the fib non-greedy target.
Thought id start posting my picks here...
Market confidence is low and I am bearish.With the U.S. entering a rate hike cycle overlaid with a global macroeconomic slump, the auto business tends to suffer more during economic downturns. In the short term, the highly valued TSLA is facing the bursting of its bubble.
Sell $710-$790
Stop Loss $880-920
Target $560-660
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Will EURUSD extend its recovery?The impact of the war has disturbed the global economy for a long time and exacerbated instability in the eurozone. European countries need to face a serious situation that cannot be changed in the short term, greatly affecting economic growth and political stability in the long term. In this case I think the bearish trend can be easily resumed, but for now we see a rebound in EURUSD, with strong short-term resistance at 1.07300-1.08000. on the other hand, a stronger USD is a probable thing in the medium/long term, not in the medium/long term for EURUSD.
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XAUUSD Consolidation1st range $1832-1881
2nd range $1786-1913
Resistance $1881-1913, Cautiously Bearish
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FB Trading PlanSell $205-218
Stop Loss $230-245
1st target $152-178
2nd target $123 or lower
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Where will AMD stock meet resistance and drop?Short-term support levels $75-85
Gray zone range $34-64
Resistance levels $142-164
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XAUUSD Bearish SignalI'm not so sure about a quick price drop, but it looks like the rally is slowing down and shorting at $1860-1870 looks like it will be profitable.
Guys wish me luck!
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The combination of the double top and head and shoulders patternMaybe the price will bounce back to the gray area, which is in the range of $31,000-34,000, and who knows what will happen! I have developed two trading plans to deal with different scenarios of price movements. I will keep you updated and you can get more details of the trading plans.
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WELCORP Positional Long 6 Months to 1 yearWELSPUN CORP Ltd Positional Long 6 Months to 1 year
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my personal views. Please do your own research & consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together
MRPL Positional long 6 months to 1 yearMRPL Positional long 6 months to 1 year time frame
Stock has consolidated from July 26th to 20th Sept given a breakout
also there are fundamental changes in this PSU company may lead stock to reach higher levels in coming weeks
Company Market cap is 9000 Cr.
Stock only 2 time of Book value.
Only Concern of the companies expenses.
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together
ALIBABA FORCAST- on the weekly chart : a long down trend with few pulbacks every now and then
- personal opinion : theres no clear signal of a reversal , so the price will continue it downtrend
- best move : sell for long term
PRISM JOHNSON LIMITED ( EDUCATIONAL PURPOSE ONLY)
There is no guarantee in stock market and Nothing over week
Always Invest or trade according to your loss bearing capacity
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY)
PRISM JOHNSON LTD. with target of RS 125 CMP IS RS114.10
STOP LOSS: ACCORDING TO YOUR RISK APPETITE OR RS 105
Disclaimer: I am not Sebi Registered. All my ideas/opinions and analysis are for your information and educational purposes only and it does not constitute any recommendation to buy or sell any stock or index. Use your own wisdom.
M B PANDEY
Student of Share Market since 2015
B.Sc. (MATHS & PHYSICS)
Disclaimer: I AM NOT SEBI REGISTERED
SPY FORCAST- on the weekly chart : the forth week on a row where the price closed red
- on the daily chart : big red candle with a descent volume could indicate the end of the down trend
- personal opinion : the strong momentum of the down trend could easly break that level and continue down , theres no attack from the buyers thus no warnings or signals for a reversel and the big volume on last red candle could mean the returne of the selling pressure
- best move : hold your position if your a seller , no doubling
