SVF1! trade ideas
#SILVER #XAGUSD looks mature for a downmoveThe chart is noisy with a lot of subwaves labelled, but all of them confirm to Elliott guidelines. Watch this area to see how price reacts, and downmove from here can trend down strongly. SL should be the highs made in the last few/next few hours
Silver Mini Buy / Sell based on FIBO and GANNSilver Mini Expected swing Buy at 61817 Stop loss 61700 Target 62760
Follow the swing strictly don't enter the trade before making new high . Wait and buy only after the new high is formed as per our swing
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Silver Mini Buy / Sell based on FIBO and GANNSell Silver 61790 Stop loss 61980 Target 60950 / 60520
LITTLE RISKY
Silver Mini Buy / Sell based on FIBO and GANNsell silver at 62324 stop loss at 62550 target 31350 / 60458
Silver Mini Buy / Sell based on FIBO and GANNSell silver mini 62520 Stop loss 62630 Target 61790 / 61200
#SILVER # XAGUSD can turn to a new low nowSilver seems to have completed its "Y" wave with the recent sharp move to the $26 / INR 66000 area. This also hit the top of the corrective channel and seems to have a full wave structure. Silver now seems headed to a new low, stop losses will be recent highs made last week $26.05 .
#SILVER #XAGUSD moving up within corrective channelSilver (INR) completed its wave X at the INR 58450 low and seems to be making its way up within the corrective channel to complete Wave Y. It is most likely headed to INR 66000 area ($26 XAGUSD).
A subsequent correction to new lows is due before a long term upmove.
Risk level for stops also mentioned on the chart
#Silver #XAGUSD Rally reached target rangeSilver has hit the indicated target range rather soon. There should be some cooloff and reversal to the midpoint of the channel now
Silver "Breakout"Buy Silver at cmp 64080 Strict sl - 63199 Target - 66000/67000
Its a high risky trade, please consult your financial advisor before entering any trade.
HhDefense contractor Northop Grumman fell hard toward trend line support both before and after its earnings report last Friday, despite a solid beat of analyst expectations. The fall has occurred as analysts adjusted forward estimates of earnings and sales downward for the next two years. Despite the downward revisions, Northop Grumman remains a growth company, with PEG ratio of 1.8.
The share price has fallen much faster than earnings expectations, making NOC a very attractive buy as it approaches support. Let's look at NOC's current price ratios compared to its three-year median price ratios on earnings dates. Here is the implied upside from the current price ratio to the median price ratios on earnings dates over the last three years:
P/E: 21%
Fwd P/E: 18%
P/S: 17%
Fwd P/S: 21%
P/D: 17%
Fwd P/D: 23%
P/B: 31%
P/FCF: 81%
Sentiment on NOC is positive, with an 8.3/10 analyst summary score (average rating Buy). The news environment for the company is good, thanks to several US government contracts recently signed, and several others recently successfully completed. Open interest on NOC is about evenly split between bulls and bears, but the 30-day average of trading volume favors the bulls.
NOC is nearing support from July lows and a seven-month trend line . I will look to make a buy around 287.
