LUV : Closed the position at different levelsAlthough I initially entered with a single position comprising about 2.5% of the net capital, I had to book it in two separate levels. I closed half of the position at around breakeven levels and the remaining half for a profit of about 22.47% of the remaining invested capital. The looming recession worries and the potential global slowdown of economies don't give me much confidence to hold onto a stock, especially in the airline sector, which is one of the sectors that will be most affected if a recession kicks in.
I'll contemplate re-entry if the price crashes to the low of the anticipated parallel channel, which I expect to form, after evaluating the macro and microeconomics at that time.
Feel free to follow me for updates on my positions and market insights. Additionally, I welcome your feedback and opinions in the comments section below this post.
Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too.
Disclaimer: The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It's essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It's important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.
NVDA completes a five wave advanceNVDA may be at the end of wave 5 at various degrees in time. The fifth wave itself was inside a rising channel, and we reached the top end. This is the leading stock driving bullish market momentum and any reversal especially below the rising channel would change the way people think about the market for the months to come
HPQ : Booked a profit of 7.31% on the invested capitalAfter a period of careful consideration and analysis, I have decided to close my position in HPQ.
When I initially entered the trade, my decision was primarily influenced by technical analysis, with the price appearing attractive within the lower end of a parallel channel formed then. Furthermore, HPQ's healthy cash flow and share buyback activities, combined with its inclusion in Warren Buffett's portfolio, provided additional confidence in the trade.
However, recent developments have led me to re-evaluate my position. Fundamental factors such as a significant shortfall in first-quarter free cash flow, weak PC sales, and cautiousness from corporate customers have emerged, indicating potential challenges ahead. Additionally, the reduction in Warren Buffett's position in HPQ, coupled with insider selling and a relatively high long-term debt payback period, further underscored the evolving dynamics within the industry.
Given these considerations, including the proximity of the price to an inflection level and the possibility of a reversal, I have decided to close my position in HPQ. Booked a profit of approximately 7.31% on my invested capital in this trade and will consider a re-entry if price falls back to the lower trendline of the channel formed as of now.
If my perspective changes or if I gather additional fundamental data that influences my views, I will provide updates accordingly.
Thank you for following along with this journey, and I remain committed to sharing insights and updates as my trading strategy evolves. As always, please feel free to reach out with any questions or comments.
Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too.
Disclaimer: The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It's essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It's important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.
ZooooooomZoom fundamentally good company with too good daily usage named brand. Earnings have been constant throughout and we can expect some growth now as company has laid off some guys with the herd giants like google and Facebook.. Just matter of time with very large RR and can expect good return.
SBUX : Added on to the positionFundamentals
Pros:
Solid Financial Performance: Starbucks boasts a market cap of $105 billion and an enterprise value of $140 billion, supported by a net income of $4.1 billion in 2022 and free cash flow of $3.2 billion. These figures highlight the company's profitability and cash-generating capabilities.
Strong Growth Potential: With revenue more than doubling over the past decade to reach $36 billion in 2023, Starbucks demonstrates robust growth prospects. Analysts forecast continued double-digit growth in earnings per share and revenue, driven by store sales growth in the US, international expansion, and innovative product offerings.
International Expansion: Starbucks' focus on expanding its global footprint, particularly in China and India, presents a significant growth opportunity. Plans to increase the store count from 38,000 to 55,000 over the next five years underscore the company's commitment to capitalizing on emerging markets' growing coffee culture.
Resilience and Innovation: Despite facing challenges such as unionization efforts and geopolitical controversies, Starbucks has shown resilience by adapting to changing consumer preferences and economic conditions. The company's loyal customer base, innovative efforts like the Starbucks app, and shareholder-friendly initiatives position it well for long-term success.
Cons:
Challenges in Operating Environment: Starbucks faces various challenges, including unionization efforts, COVID-related disruptions in China, and boycotts due to geopolitical controversies. These issues have contributed to a decline in stock price, posing short-term headwinds for the stock.
Uncertainty in Emerging Markets: While Starbucks sees significant growth potential in emerging markets like China and India, uncertainties surrounding regulatory environments and consumer behaviors could impact expansion plans and revenue growth in these regions.
Dependence on Non-Essential Goods: As a provider of non-essential goods, Starbucks may face pressure during economic downturns or periods of consumer belt-tightening, potentially impacting sales and profitability.
Reputational Risks: Continued involvement in controversies, such as boycotts related to geopolitical issues, could tarnish Starbucks' brand reputation and affect consumer sentiment, leading to potential revenue loss and shareholder dissatisfaction.
Technicals
I have increased my position in Starbucks, bringing the total size to 2.5% of my net capital, in line with my trading plan's maximum allocation for any single stock. I do not plan to add further to this position unless there is a significant increase in capital.
I anticipate a potential upside of approximately 21% to the nearest key inflection point. Moving forward, I will closely monitor price action and other fundamental dynamics, updating my analysis accordingly if any changes are made to my position or outlook on Starbucks.
Feel free to follow me for updates on my positions and market insights. Additionally, I welcome your feedback and opinions in the comments section below this post.
Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too.
Disclaimer: The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It's essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It's important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.
Anyway, just do itWhat do we understand about stock exchange? And how much do you know? Many people think it is like gambling but actually it is not gambling at all. Judgment is never possible by looking at externals.It requires deep knowledge and fundamental analysis. An organization or a crypto market is not created automatically. Intellectual creativity is the only foundation. Investment is material.But the fundamental thing is to understand the market and invest or withdraw. But whatever the situation, I have to do business. In any way possible. Welcome to this field of creatives.
Apple near at strong support buy now 210 , 235 Target on fy 25On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit