TEN
✅TELEGRAM COIN NEXT POTENTIAL PUMP🚀
✅TEN COIN was endorsed by Pavel Durov
The founder and owner of Telegram!
It is said that soon there will be an option to make
Payments on the platform with this crypto currency
Which means that more that 500 million people
Are the potential users of this coin
So unlike other crypto currencies , which mostly have
No real life application and no solid user base
This crypto will instantly benefit from the
Network effect, creating a telegram ecosystem
In my opinion this is HUGE and I have bought
Some coin myself already. I urge you to do your own research
And you need to keep in mind that this bet
Will yield the returns in the next 2-3 years
But then this is the first coin that will have real life value
So I can understand the financial flows that will make its value go up
LONG🚀
✅Like and subscribe to never miss a new idea!✅
US Stock In Play: $TEN (Tenneco Inc)$TEN share price surged by a further +14.96% since our last update this week. This totals up a gain of +42.34% in a short 9 days trading session. With $TEN continuing to outperform its sectorial competitors with increasing buying demand, trading at a new 52 weeks high on both share price and implied volatility, further upside will be imminent to test its 2019 resistance at $25 range.
$TEN is currently trading at its 52 weeks high, at a market capitalization exceeding $1 Billion USD for the first time since 2019.
$TEN designs, manufactures, and sells clean air, powertrain, and ride performance products and systems for light vehicle, commercial truck, off-highway, industrial, and aftermarket customers worldwide.
Long $TEN + Used cars are soaring which should increase demand for parts.
+ < $1bn market cap against $17 BN revenue
+ PE ratio of 3-4 against sector average of 20 +
+ Rapidly restructuring debt renegotiating longer terms and lower rates
+ 500% off 2017 ATH
- Already 500% off it's lows
- Debt still high. If long terms rates edge higher then the debt will become burdensome even with renegotiated terms.
A retest of $7.85 sets up great long-term buy Know nothing about $TEN the company, but just looking at the chart, it looks like a great long term buy.
I think it could eventually break $100 over the next 3-5 years, but shorter term upside targets on the chart.
I think there's risk that we'll get one more retest of the lows sometime between April-May, but that'll setup a great long opportunity in this stock.
I have an alert to buy it on a retest of $7.85 which I think will be the long-term bottom.
$TEN Closes Above Long Term ResistanceOn 5/27/20 $TEN closed above a long term resistance level that hasn't been broken since January 16th, 2018. Not only did $TEN break though and close higher than resistance, it did so with gusto, gapping higher on the day. $TEN is also above its 50 day moving average of $4.14 and the 50 day MA is just beginning to slope upward indicating continued short term bullishness. Fundamentally this auto supplier of aftermarket and OE has taken a beating in the last two years which imho has been way overdone. Although this company is levered up to their neck in debt, their long term earning potential will make today's stock price look extremely cheap on any metric if they're able to pay that debt down over time. If they aren't able to service their debt, then they will have to sell off product lines or whole divisions which would only boost the stock price from these levels making it a great win-win scenario.
Bearish on TEN until Golden cross commencesTEN has surprised the traders once again with a break through the short downtrend, retracing back to support, bouncing and making 5% gains on the daily. However, with quarterly earnings on the horizon, I don't see these gains sticking around very long.
We are still in a major bearish downtrend, with GM layoffs looming, tariff rates, and the forecast for a recession upon us, for myself to feel any worthwhile investing in such asset. This asset, as well, is not going to trend fairly when companies start automating electric vehicles; since electric vehicles do not require an exhaust system.
I will be keeping an eye out for earnings and go from there.
TRXUSD, Nearing a drop to 10% of it's current valueBy year end, TRX should be worth about 10% of it's current value right now. Looks like we are in Wave-E of a bullish diametric, and using trendlines, I've picked an approximate target of around $0.0011.
Will be a while before things start to get bullish on it again, but likely it won't ever see those lows anytime soon, sdo make sure to stock up at New Years on it.
UKOIL:Brent Crude Long set up from lower down at 51.09 if struckUKOIL Brent Spot: Like WTI it will hopefully get sold sold off on open in Far East about 10pm Eastern US time - if it does it should present a good buying opportunity at 51.09 for rally to 52.53, then 53.50 - worth setting a buy order up and seeing if it gets struck - and if it doesn't do the ideal and rallies from here and not lower down, it's still worth following on a move through 50.95 for rest of rally as above
Confirm whether Daily Buyer is WIN or LOSE.Good morning !!
In Oceania-Market, have risen to the Sell Zone (Res-C).
As I wrote the other day, I think that it has been confirmed whether Buyer of Daily-level is win or lose.
"Long" has not been determined.
107.50 is a point that switch to looking for "Long".
If destroy the small upward trend of the most recent, I aim to buy after I see the "confirmation" of being supported in "Sup-D".
Have A Good Trading !!