Titan continues to attract the interest of both investors and the broader market, showcasing an impressive performance on stock exchanges and reporting strong financial results for the first nine months of 2024. With its stock price closing at €39.80, marking a 2.71% increase, the company confirms its robust momentum. Technical Analysis: Steady Upward Momentum The technical outlook of Titan’s stock highlights a solidifying upward trend. Exponential Moving Averages (EMAs) across various timeframes (20, 50, 100, and 200 days) support the positive perspective. The current stock price is notably above these averages (EMA 20: €36.44, EMA 50: €34.68, EMA 100: €33.15, EMA 200: €30.41), indicating strong buying activity. The MACD indicator (12, 26, 9) reinforces this momentum, with a positive divergence between the MACD Line (1.582) and the Signal Line (1.151) and a Histogram value of 0.4312. Pivot Points also indicate the stock approaching the first resistance level (R1: €41.25), with strong potential to breach higher levels (R2: €43.80) if the upward momentum persists. Key Moving Averages (EMAs) The EMA indicators signal a clear upward trend: EMA 20: €36.44 EMA 50: €34.68 EMA 100: €33.15 EMA 200: €30.41 The stock price remains substantially above all these averages, underscoring the strength of its long-term bullish trajectory. MACD (12, 26, 9) The MACD indicator confirms the upward dynamics: MACD Line: 1.582 Signal Line: 1.151 Histogram: 0.4312 This positive divergence suggests sustained buyer interest. Pivot Points and Key Levels Pivot Point calculations outline support and resistance levels as follows: R1: €41.25 R2: €43.80 S1: €34.25 S2: €29.80 The proximity of the price to the first resistance level (R1) signals a potential breakout towards higher levels if the upward momentum continues. Titan Cement’s technical outlook reveals strong upward momentum, supported by moving averages and MACD. The stock’s position relative to Pivot Points suggests increased demand, potentially targeting the €41.25 level. Strong 9-Month Financial Results Titan Group reported positive results for the first nine months of 2024, with all geographic sectors contributing to growth. Sales increased by 4.9% to €1.985 billion, while EBITDA rose by 14.6%, reaching €455 million. Improved selling prices, enhanced operational efficiency, and reduced fuel costs boosted profit margins. Notably, net profits rose by 20% to €238 million, while earnings per share stood at €3.19. S&P’s credit rating upgrade to “BB+” and the reduction of the net debt-to-EBITDA ratio to 1.1x underscore the company’s financial stability. Strategic Initiatives and Growth The Group continues to invest in strategic initiatives with a focus on sustainable growth. The acquisition of quarries and concrete plants enhances production capacity. Simultaneously, the advancement of the carbon capture project IFESTOS in Greece highlights the Group’s commitment to environmental sustainability. The planned listing of Titan America’s operations on the New York Stock Exchange, expected in Q1 2025, is set to further boost the company’s expansion strategy in the U.S. Outlook: Robust Performance Amid Challenges Despite global economic challenges, including inflationary pressures and geopolitical uncertainties, Titan Group remains focused on growth. Demand for cement is expected to remain strong, especially in the U.S. and Europe, driven by public infrastructure projects and private investments. In Greece, the economy shows resilience, with private sector investments and EU funds fueling growth. Meanwhile, Balkan countries and Egypt display mixed results, with long-term prospects depending on local economic stability. Titan’s stock appears attractive for investors seeking stable returns in a high-uncertainty environment. With strong technical and fundamental indicators, a potential breakout above €41.25 could pave the way for further gains. The anticipated Wall Street listing and commitment to sustainable development enhance the stock’s long-term value. Titan is poised to continue its growth trajectory, supported by strong performance, green development strategies, and international opportunities. With current dynamics, 2024 is shaping up to be a milestone year for the Group in both sales and profitability.
DOGE, the king of meme coins, should not be underestimated. Its popularity, particularly among influential figures like Elon Musk and crypto enthusiasts, positions this coin with significant potential for growth during the altseason. As long as the support level remains intact, an increase in value is anticipated as predicted. Target Price 1: 0.862 Target Price 2: 1.149 Support Level: 0.288 Wishing you success! MRHPx from CRACKadabra
We are Investic Lab, a quant-focused lab dedicated to designing tools that provide clients with actionable insights from quantitative data on global markets. Our tools offer a unique perspective by analyzing market data based on facts—not speculative price predictions. ⚠️ Disclaimer: This post is for informational purposes only and does not constitute financial advice. Key Takeaways: ✅ Quantitative Insights Over Predictions: Our tools explore the concept of "Peaks" using data-driven approaches, offering a distinct advantage compared to traditional predictive models. ✅ Why Market Breadth and DJIA (US30)? The Dow Jones Industrial Average (US30) serves as a leading indicator for our analysis. By examining market breadth, we aim to identify potential short-term bullish weaknesses. Market Breadth Analysis: Understanding the Red-to-Yellow Zone Transition ? Timeframe: Daily (TF Day) The transition from the Red Zone to the Yellow Zone signals a shift in market dynamics. This change represents 7 to 24 stocks moving above the 20-day EMA, indicating moderate market strength and the emergence of a positive trend. ? Not Bearish, but Weakening Bullish Momentum: While this transition does not imply bearish conditions, it often reflects short-term bullish weakness. ? Opportunity at or Near the Peak: We suggest adjusting your Risk/Reward (R/R) to 3:1 to take advantage of this phase, which may represent the peak or near-peak conditions for the short term. ? Timeframe: 15 Minutes (TF m15) https://www.tradingview.com/x/or4T8Pnm/ For aggressive traders monitoring intraday price movements, we recommend incorporating Bollinger Bands into your strategy. Focus on the average line of the Bollinger Bands, which can serve as a reliable reference for trade setups. ✅ Use the Average Line for Entry Decisions: If you're experienced with Bollinger Bands, rely on the average line as your primary guide. Either, If you’re unsure about Bollinger Band parameters, substitute the 39-period Exponential Moving Average (EMA) line for a clear trend-following signal. Risk Management Reminder: ⚠️ Trading Against the Trend: This strategy goes against the prevailing bullish market trend, which inherently carries more risk. If the price doesn’t move as expected, cut your losses and wait for the next trade setup. ? Opportunities Always Await: Missed trades are part of the process. Stay disciplined—there will always be new opportunities ahead!
Litecoin has done a good movement to upper zones where the price just keeps on going and going. We are seeing a break of 2 major zones here where now we need to secure them, which means we might go for a smaller correction before a bigger movement to upper zones! More in-depth info is in the video—enjoy! Swallow Team
Hi Traders. look for more information in the chart what do you think?
Here is our view on CADJPY . Potential short opportunity. CADJPY has been following the downtrend for quite some time now. After its pullback to 107.100 the H4 is turning bearish again. After considering this we might continue following the trend and target lower levels such as 105.400 and 104.780 where our TP (Take Profit) is sitting at. If we break above our SL (Stop Loss) sitting at 107.485 we might visit higher prices. Our entry is at market price (current) sitting at 106.665 . PARAMETERS - Entry: 106.665 - SL: 107.485 - TP: 104.780 KEY NOTES - CADJPY is in a downtrend. - CADJPY has made its pullback to 107.100. - Breaks above our SL (Stop Loss) would result in higher prices and possible reverses. Happy trading! FxPocket
Dash has been around the block for pretty long time. I remember when it had multiple ambassadors and they promoted Dash as a new digital cash. Of course when the main altcoins were litecoin, dash, ethereum and a couple of others, they've gained a lot of attention and growth (look at 2017). But they've lost marketing points to DeFi, Smart chains, and even memecoins. So it is highly doubted that Dash will reach previous levels but a pump to ~$200 zone is almost imminient during this altcoin season.
EUR/USD has been forming an inverted head and shoulders pattern. However, it is too early to call higher prices, especially considering that the fundamentals are all leaning towards the downside. Combined with yesterday’s decline, this means that lower levels are likely as long as prices remain below 1.0550. The next support level is 1.0465 and then 1.0425.
https://www.tradingview.com/x/fa8GwDKf/ ETH - if breaks 3550 and gets into red circle could bring a deeper pullback. If it rounds the line and goes in the direction of green circle - it can make one more swing up.
?#BTC short structure intact, cautious bullish ⚠️ ?From a structural perspective, two short structures were built at the 2h level, so bullishness requires caution and more patience to wait for the right signal to appear before participating in new long trades. ➡️If a bullish structure is built at the 2h level, then you can participate in some long trades. ➡️Or be more patient and wait for the price to adjust further and achieve the goal of the short structure before participating in long trades. Let's see ? ?If you like my analysis, please like ? and share ? BITGET:BTCUSDT.P