?#BTC Downward Channel, where is the support❓ ?From a structural point of view, we failed to quickly break through the resistance near 99,000 yesterday and there were signs of exhaustion of bullish power, so I chose to manually close the long position. In the end, the market fell as expected, forming a bearish cup-handle structure, so the support area we need to pay attention to is 91250-93000. ➡️From a graphical point of view, we are currently moving in a downward channel. Only if we quickly break through the resistance near 99,000 and stabilize can we maintain a positive attitude. Let's see? ?If you like my analysis, please like? and share? BITGET:BTCUSDT.P
In this video, I analyze the NASDAQ 100 (#NAS100) as it trades into a key resistance level, appearing overextended on the 4-hour timeframe. I discuss the potential for a counter-trend trade, targeting a retracement to the 50% Fibonacci level of the previous price swing. Watch for insights and strategies on navigating this setup! Not financial advice.
SOL/USDT Technical Analysis Price Action & Key Levels Price is consolidating inside a descending channel, typically a bullish pattern if broken to the upside. Key breakout level $195–$196 aligned with Fib 0.382 and trendline resistance. Critical support: $186 lower channel boundary. First bullish confirmation A close above $198 (1H 50 EMA + Fib 0.5). Target levels First target: $202–$203 (Fib 0.618). Second target: $210+ (previous high). Stop-loss placement : Below $186 to avoid fakeouts. RSI Analysis If RSI is currently below 50, it suggests weak momentum, meaning price could still consolidate before a breakout. If RSI crosses above 55–60, it confirms bullish momentum supporting a breakout. A hidden bullish divergence (higher low in RSI while price makes a lower low) would strengthen the case for upside movement. Volume Analysis Breakout needs strong volume confirmation. If price moves above $195 with low volume, it could be a fakeout. If volume spikes on a breakout, it signals institutional participation, increasing the likelihood of a sustained move. Decreasing volume inside the channel is a good sign this indicates sellers are getting exhausted before an upward breakout.
Up about 150% in the past 24hrs. Is the move over or just beggining? I think above .35 this chart gets interesting. If .58 gets breached i can see the possibility of it reaching $2. Avg 30D Vol 33.88M Current Vol 391.75M. There is definitely an increase in vol to help push this higher. Be careful with all penny stocks, Respect the levels if you trade it. GL!
Previously, Kaap Agri, the KAL Group is an agricultural company owned 40.9% by Zeder, which is, in turn, 43.7% held by PSG. The company operates through over 190 retail outlets offering a wide range of products and services mainly to the farming community. Kaap Agri has seven divisions: (1) Pakmark offers a wide range of packaging materials for the local and export markets, especially to the fruit industry. (2) Agrimark has over 70 stores in South Africa and Namibia offering a wide range of animal feeds, gardening equipment, tools, outdoor and camping equipment, and pet accessories. (3) Liquormark offers a wide range of liquor products from beers to wines, spirits, and mixers. (4) Kaap Agri Mechanisation offers farming machinery and equipment. (5) Wesgraan offers grain handling and management services. (6) Expressmark supplies fuel, especially diesel, mainly to the farming community. It also has convenience stores. (7) The Fuel Company (TFC) aims to be the market leader in the independent fuel retail market in South Africa. The group's product diversity has reduced its exposure to weather conditions in the agricultural sector, especially in the Western Cape, but it remains essentially a retail outlet that focuses on the agricultural sector. As such, its results are impacted by the general level of consumer spending in South Africa and the state of the local economy as well as agricultural conditions. On 4th October 2021, Kaap Agri announced that it had sold its 70.5% stake in TFC Properties for R446m. On 19th January 2022, the company announced the acquisition of PEG Retail Holdings for R1.09bn. This acquisition increases the number of petrol stations which Kaap Agri has from 43 to 84. In its results for the year to 30th September 2024, the company reported revenue down 3% and headline earnings per share (HEPS) down 9.2%. The company said, "The profit after tax of the Group amounted to R451 million (2023: R480 million) while the gross assets decreased to R8,215 million (2023: R8,290 million)." In an update on the 1st quarter to 31st December 2024, the company reported retail turnover up 2.3% and Agri turnover up 5.7%. The company said, "An average 18% decrease in fuel prices impacted turnover but not trading profit. Fuel price gains were R5.2m lower YOY and Group fuel volumes increased by 0.7%." Technically, the share broke down through its trendline on 6th January 2025 at 4952c and has since fallen to 4681c. We see it as a well-managed company that has exposure to South Africa's retail environment, loadshedding, and also to the state of agriculture in this country. It has suffered with falling petrol prices recently. We recommend waiting for the share to begin a new upward trend before investigating further. Issues surrounding expropriation of land without compensation have an impact on the company. However, with a P:E multiple of 8.34, these risks look fully discounted. In its integrated annual report, the group has predicted that it will make over R1bn in pre-tax profits by 2025.
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In den App Stores von Apple und Google wurde eine neue Malware entdeckt, die deine Fotobibliothek durchkämmt und gefundene Informationen exfiltriert. Für iPhone-Nutzer ist dies das erste Mal, dass derartige Malware im App Store verbreitet wurde. Der Beitrag Neue Gefahr für dein Smartphone: Diese App scannt deine Fotos erschien zuerst auf inside digital.
DRDGOLD (DRD) was listed in 1895 and is the JSE's oldest listed company. It was followed by SA Breweries, which was listed in 1897 and has now been acquired by Anheuser Busch. DRD is now a gold surface treatment operation which is at an all-in sustaining cost of extraction of just over R627247 per kilogram which compares to the average received gold price of R917996. They are re-treating surface dumps which still have traces of gold that can be profitably extracted with modern extraction methods. The benefit of this type of operation is that it is far less risky than underground gold mining operations because it has far less union exposure and has none of the expenses or difficulties of an underground operation. Its life and grade, and hence its profitability, are precisely known. The share tends to be volatile because it depends on the current price of gold, but the company has a debt-free balance sheet and strong free cash flows. A deal was concluded for Sibanye to swap out its surface dumps for an additional 265m DRD shares - which took Sibanye to a shareholding of 38%. Then on 10th January 2020, Sibanye announced that it had exercised its option to increase its stake to 50,1% at a cost of R1086m. The CEO of DRD Gold, Niel Pretorius, wants to join up with other tailing projects on the West Rand to create a massive unified re-processing operation. The company is building a 20mw solar and battery facility. In its results for the year to 30th June 2024 the company reported revenue up 14% and headline earnings per share (HEPS) up 4%. Gold production and sales were down 5% while cash operating costs increased by 20% in rands. The company said, "We are now positioning to bring on stream by the financial year ending 30 June 2028 ("FY2028") a combination of reclamation sites designed to lift tonnage throughput to 3 million tonnes per month, and gold production to just over 6 tonnes per annum." In an update on the 3 months to 30th September 2024 the company reported production up 7% and sales up 4%. All in sustaining costs fell by 5% to R933686 per kilogram. The company said, "Cash operating costs per kilogram of gold sold decreased by 4% from the previous quarter to R856,723/kg due to an increase in gold sold, despite an increase in total cash operating costs driven mainly by two months of winter tariffs which Eskom charges between June and August each year." In a trading statement for the 6 months to 31st December 2024 the company estimated that HEPS would increase by between 60% and 70%. The company said, "Group revenue increased by R828.1 million, or 28%, to R3,802.3 million (2023: R2,974.2 million), as a result of a 26% increase in the Rand gold price received, and a marginal increase in gold sold from 2,535kg to 2,567kg." Technically, the share made a high of 2458c on 9th May 2023 and then began a downward trend. It broke up through its long-term downward trendline on 3rd July 2024 at 1673c indicating a new upward trend. It remains a volatile commodity share subject to the international gold price.
Event to pay attention to today: 15:30 EET. USD - Non-Farm Employment Change GBPUSD: On Thursday, the GBP/USD pair experienced a sudden and significant decline, breaking a technical pullback from key averages and dipping below 1.24000. This move followed a rate cut by the Bank of England (BoE) of 25 basis points, which was accompanied by a hawkish monetary policy statement. This led to a shift in market expectations, with betting markets adjusting their predictions for further rate cuts to a later date than previously anticipated. According to market participants, the Bank of England is expected to implement two or three additional rate cuts this year.The decision to cut rates was unanimous among all nine members of the Monetary Policy Committee (MPC), with seven voting for a 25 basis point reduction and two members, known for their bearish stance, opting for a double 50 basis point cut. While policymakers are anticipating the benefits of February's rate cut, market expectations point to a further 70 basis points being taken away from the Bank of England's discount rate this year.Another non-farm payrolls (NFP) data release is scheduled for Friday, and net job gains are forecast to decline to 170,000 in January, down from December's 256,000.This week, close attention will be given to revisions of earlier data. Over the course of 2024, post-release revisions to the data have been on the upside, disappointing market participants who had hoped that cracks in US employment would help push the Federal Reserve (Fed) to cut rates further. Trading recommendation: Trading predominantly Sell orders from the current price level.