Hello everyone, happy Monday! Last week movement, HSI retraced consecutive 4 trading days and slight recover on Friday yet closed with loss 271pts; -1.12% for the week of 10 Mar 2025. However, YTD it has logged an increased of +4216.69pts; +21.02%. HSI:HSI MACD - Goldencross was marked in Green (5Mar25; 14Mar25) BB - Currently trading within upper BB channel.the Mid-line 4H chart at 23789 at point of writing ✍️. For this week trade plan: Buy into support Sell at resistance. Set your TP/SL. ? as of ✍️ : ?️ Level : 22979-23242(23374)- 23997- 24385 - 24586 - 24648 - 24945 To retest 24385 again. The Index continues its Bullish mode. https://www.tradingview.com/x/WIkiH8Ln/ With some catalyst news to support Long call. https://www.tradingview.com/news/te_news:451647:0-hong-kong-stocks-extend-rally-to-begin-the-week/ ? Reminder: Continue to accumulate China & HKG for the potential upside for the year! All retracement is a good entry point. ? DYODD and don't listen to anyone. Invest in yourself, do some study and learn along the way while you trying to verify or finding the answer if to start invest in CHN/HKG markets. If you don't know how or where, you may ask Deepseek/Chatgpt for most reputable Trading courses nearest to you. ** Please Boost ?/LIKE ?, FOLLOW ✅, SHARE ? and COMMENT ✍ if you enjoy this idea! Share your trading journey to encourage the trading buddies
On the 4-hour chart, USDCAD is in short-term volatility. Currently, you can pay attention to the support below around 1.427, and after it reaches the support, you can pay attention to the potential bullish bat pattern.
Good morning! Happy New Week! Happy New Day! Here's your daily Gold market analysis. Learn, grow, and trade wisely.
Weekly Chart Weekly Chart https://www.tradingview.com/x/I5AJYP9i/ BIAS: Bullish Although last weeks candle did not close beyond and above previous week's high I feel that the weekly bias is still bullish based on the order flow. Daily Chart https://www.tradingview.com/x/3Muar8at/ BIAS: BEARISH Its possible that price might need to retrace lower (correction) before making a new high. Possible that price might need to mitigate previous lows and daily fairvalue gaps before turning bullish.
Hello, Dash is designed to be the most user-friendly and scalable cryptocurrency for payments. It offers instant transactions, enhanced privacy options, and a self-governing, decentralized model powered by masternodes. Key features include: InstantSend – Near-instant transactions for seamless payments. CoinJoin – Advanced privacy features to keep transactions confidential. ChainLocks – Robust security against 51% attacks, ensuring network integrity. From a technical perspective, Dash is currently trading at historical lows, presenting a strong opportunity for investors with a higher risk tolerance. With a medium-term target of $70, Dash holds significant upside potential for long-term growth. Now might be an opportune moment to position yourself before momentum shifts upward. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Astoria (ARA) is an investment company that was formed to give investors exposure to an international selection of equities in developed economies. The share trades well below its NAV and has only recently begun trading after being suspended from September 2020 to April 2021. The company benefited from the sale of "non-lethal self-defence" products during the period as a result of the civil unrest. It owns one-third of Outdoor Investment Holdings, a 35.7% stake in Trans Hex, and has sold its stake in CNA. On 19th April 2021, the company announced that following the distribution of 51.15m shares, trading in the company's shares had resumed. In its results for the six months to 30th June 2024, the company reported headline earnings per share (HEPS) of 79.29c compared with a loss of 18.32c in the previous period. The company's net asset value (NAV) rose from 74.76c (US) per share to 77.2c. In an update on the 3 months to 30th September 2024, the company reported headline earnings per share of 70.62c compared with a loss of 7.3c in the previous period. The company's net asset value (NAV) was slightly higher at 1407.67c per share. In a trading statement for the year to 31st December 2024, the company estimated that its NAV would be between 59.6c (US) and 63.58c—a decrease of between 20% and 25%. Volume traded on the share has increased to R131,000 worth of shares per day on average, with some days without any trades. It remains in a downward trend.
1. Trend Structure & Key Levels: Downtrend Formation: The price is following a descending trendline (marked in blue), showing a continuous bearish structure. Key Resistance (Breakout Point): $3,004 – If the price breaks above this level, it could indicate a bullish trend reversal. Key Support (Breakdown Point): $2,980 – If the price falls below this level, further bearish momentum is expected. 2. Trading Plan & Confirmation: Bullish Case (Breakout Above $3,004): A strong breakout above this level, followed by retests as support, can confirm a bullish trend. Potential upside targets: $3,020 - $3,050. Bearish Case (Breakdown Below $2,980): A breakdown below this key support level with volume confirmation would signal further bearish movement. Possible targets: $2,970 - $2,960. 3. Expected Market Movement: The dotted line projection indicates that price could consolidate around $2,980 before a strong downward push if no bullish breakout occurs. A breakout above the descending trendline may lead to a bullish rally. 4. Conclusion: Waiting for Confirmation: Traders should wait for a clear breakout above $3,004 or a breakdown below $2,980 before entering trades. Short Bias Until Breakout: Given the current structure, bearish momentum remains dominant unless a strong bullish breakout invalidates it.
Hey everyone! ? Let’s take a look at this weekly cryptocurrency price chart together. Here's what stands out: We’re looking at two possible scenarios: Primary Scenario: The price might bounce back from the first support level, marked with a solid yellow arrow. Secondary Scenario: If it doesn’t, the next potential rebound is from the lower support level, shown with a dashed yellow arrow. Keep an eye on the numbers highlighted—$0.4310 and $0.3798. These are key price levels that could guide future movements. It’s also essential to monitor liquidity, candlestick patterns, and trading volumes. A strong confirmation, like a favorable candlestick formation and sufficient volume, could signal a rebound. However, if the price dips below these critical levels, it might shift the perspective. Staying vigilant is key. Always remember, this is just an observation. Do your own research, stay informed, and keep learning. The journey in the crypto world is as much about growth as it is about numbers! ??✨
MC Mining (previously "Coal of Africa") (MCZ) is a small metallurgical coal-mining company with a single producing mine, Uitkomst. Aside from Uitkomst, the company is developing the Makhado project, the Vele colliery, and MbeuYashu. The Makhado project is the company's flagship operation in the Limpopo province. It is an opencast mine with a life of 16 years and the potential to be extended. In January 2019, the company announced the acquisition of surface rights, which will make the Makhado project viable. Production was initially expected to commence at the end of 2020, and the mine was projected to produce 800,000 tons of hard coking coal and 1 million tons of export thermal coal. The Makhado purchase improves the risks substantially and makes this into a viable investment. The IDC has provided R245m for the project, but a further R530m is still needed. The company owns 69% of Baobab Mining and Exploration, which owns the Makhado project. On 8th April 2024, Business Day reported that Goldway Capital had received acceptances from shareholders amounting to 83.67% of the issued shares—more than the 82.15% required for the takeover to proceed. On 24th June 2024, the company announced that Godfrey Gomwe would resign with effect from 30th June 2024. In its results for the six months to 31st December 2024, the company reported an after-tax loss of $8.4m—up 40% from the previous period—with revenue down 67%. Administrative expenses rose by 55%, and finance costs increased by 19%. The headline loss per share was 1.83c compared with 1.45c in the previous period. The company said, "Cash and cash equivalents of $3.9 million compared to cash and cash equivalents of $0.2 million at 30 June 2024. Net asset value increased slightly to $75.6 million from $75.4 million in 30 June 2024." This remains a volatile commodity share with only about R20,000 worth of shares changing hands on average each day, high debt levels, and all the risks of mining exploration and development.
Renergen (REN) describes itself as an "...integrated alternative energy business..." which invests in renewable energy projects in Africa. The company listed on the JSE in June 2015 and has been losing money every year since. This is reflected in its falling share price. Renergen is investing in liquified natural gas (LNG) and helium. The R125m rights issue was fully underwritten and enabled it to access a R218m loan facility. Its initial public offer (IPO) on the Australian Stock Exchange (ASX) was more than two times over-subscribed. It claims to have proven helium reserves of over 6bn cubic feet. On 18th May 2018, the US government identified helium as critical to national security, causing the price to rise by 135%. On 7th June 2023, the company announced that it had received $750m in further funding from Standard Bank and the International Development Finance Corporation for its Virginia Gas project. In its results for the six months to 31st August 2024, the company reported revenue of R25,6m, up from R23,8m, and a headline loss of 45,73c compared to a loss of 29,87c in the previous period. The company said the loss was "...broadly as a result of the reduction in gross profit contribution, higher operating costs1 (employee costs, depreciation and amortization, professional fees, insurance cost and repairs and maintenance expenses), higher interest expenses1, lower deferred tax credit, which were offset by a higher other operating income mainly consisting of foreign exchange gains and lower share-based payment expenses." The share may be a speculative opportunity, but it is making losses and is very risky and volatile. We advised at least waiting for the share price to break up through its long-term downward trendline before investigating further, which happened on 14-3-25 when the company announced its first commercial sales of helium. The announcement caused the share price to jump. We advise caution, at least in the short term.