XRP/USDT Analysis ?? ? XRP is moving within a bullish channel on the 4-hour timeframe, showing positive signs for a continuation of the uptrend. ? Key Levels: Strong Support: ? $2.68 (critical level for potential bounce if correction happens). Major Resistance: ? $3.70 (next target for breakout). ? Trend Analysis: A significant pump was seen in the previous move, and the price is now in a consolidation phase. Breaking out of the triangle pattern could define the next trend direction: An upward breakout targets the $3.70 resistance ?. A downward move could retest the $2.68 support ?. ✨ Suggestion: Wait for a breakout confirmation and trade accordingly. Keep an eye on how the market reacts to the support and resistance levels. ?
https://www.tradingview.com/x/RiF8Ptmo/ 15min TF overview 4Hr TF entry Pair EURUSD Fri 24th Jan 25 11.00 am NY Session AM Entry 1.0537 Profit level 1.0497 (0.38%) Stop level 1.0553 (0.15%) RR 2.5 Sellside trade idea Reason: Price reached a pivotal supply level indicative of a Sellside trade on the 4Hr TF 2nd confluence: LND to NY high sweep of liquidity Target OB (orderblock) Price level 1.0497
”Every movement in the market is the result of a natural law and of a cause which exists long before the effect takes place and can be determined years in advance. The future is but a repetition of the past, as the Bible plainly states…” -- W.D. Gann https://youtube.com/shorts/h9qQ1kC8xWg?si=v9rh--vxj-Ke2Tu2 "Down just means, not up yet" -- Bathsalt
Following the major setback in 2021, Zymeworks has been actively working toward FDA approval for their drug, which they’ve now successfully secured. This approval could signal the continuation of an upward trend. I’m considering a buying opportunity around the $9 range. It’s also worth noting that they were listed on NASDAQ earlier this year. Let me know your thoughts!
Following the big weekly gain for the OANDA:EURUSD , it seems like there is still some upside potential for the EUR ahead of the Fed's rates decision next week (at which point all bets are off depending on the outcome, even though no cut seems to be almost certain, but might still be used as a catalyst for bigger moves) As seen on the chart we're currently in middle of nowhere, leaving a big imbalance on today's daily candle and R1 not having been reached yet on the monthly pivot. At 1.0344 we still have a FVG left open that we will close at some point, but the most likely current outcome is the 1.059 resistance for the short term. It's a popular support/resistance for the past few years and if we can get there it would lead the way to a deep retracement to the 1.0344 mentioned earlier, which would then be the golden zone fib as well as closing the FVG. Without getting too much ahead of course, the idea for the upcoming week until the fed decision is to target 1.059. 1.04421 Would be an ideal entry long but with no certainty we'll have that pullback first. That being said, entering long at the current level for daily timeframe trader is highly risky as we're deep into premium prices. I'll be monitoring the current price and update that idea next week. As a reminder for the week end: there is no shame sitting on your hands waiting for the right time to enter the market. Hell it's the complete opposite, trading is a waiting game. And with trump signing executive orders left and right, speaking about everything and anything all day and with fed interest rate decision coming next week, it's as good a time as any to be cautious and maybe skip a few days of trading. You can check my previous idea post on GBP to confirm that, waiting for days to get to the right level led to a massive drop in price as expected, and even if I was wrong, at least my SL would have been close by from my entry and secure a small loss. Luckily it went according to plan. Have a great week end, take the time to rest, journal your wins & losses to learn from them!
https://www.tradingview.com/x/GStdBcFU/ Hello,Traders! NIKKEI is trading in an Uptrend but the price has Reached a horizontal resistance Of 40,000 so despite our Bullish bias we will be Expecting a local Bearish correction Sell! Comment and subscribe to help us grow! Check out other forecasts below too!
The safety trade appears to be unraveling, with Bitcoin showing clear signs of topping out as it moves through a distribution phase. Chart analysis supports this, and the narrative among Bitcoiners has shifted following President Trump’s emphasis on supporting all digital assets and U.S. companies, rather than positioning BTC as a strategic reserve. This marks a pivotal shift in market sentiment. Many had hoped for Bitcoin to play a central role, but the focus on a broader digital asset ecosystem has left some investors disappointed. While this may take time to fully digest, I believe this narrative, combined with technical indicators flashing bearish signals, sets the stage for a rotation out of BTC and into altcoins. Altcoin momentum could gain further traction as investors seek opportunities in projects aligned with a more diversified digital future. As we continue monitoring price action, this could be the catalyst the market has been building toward.
Acquisition of ExxonMobil’s Assets In February 2024, Sable Offshore Corporation (SOC) finalized the acquisition of ExxonMobil’s Santa Ynez Unit (SYU). This asset includes three offshore oil platforms—Hondo, Harmony, and Heritage—and the onshore Las Flores Canyon processing facility in Santa Barbara County, California. Initially valued at $643 million, the transaction ultimately closed at $989 million, reflecting accrued interest and interim costs. The purchase was primarily financed through a $625 million loan from ExxonMobil. The SYU was once a prolific oil-producing asset, responsible for 671 million barrels of oil from 1981 to 2015, when a pipeline rupture halted production. The remaining reserves are substantial, with 646 million barrels of oil equivalent (BOE) estimated, comprising 86% oil and 13% natural gas. Restarting operations, however, requires significant regulatory and logistical hurdles to be overcome before the January 2026 deadline, or the assets risk reverting to ExxonMobil. Pre-Production Requirements SOC must address the following key challenges before production can resume: 1. Regulatory Approvals : SOC needs federal and state permits, particularly from agencies like the Bureau of Land Management (BLM) and California’s Department of Conservation. 2. Environmental Assessments : California’s stringent regulations require comprehensive Environmental Impact Assessments (EIAs) to mitigate ecological risks. 3. Infrastructure Repairs : Repairing the ruptured pipeline and ensuring compliance with safety standards will require an estimated $197 million in additional investments. 4. Community Engagement : Addressing environmental and community concerns is critical to gaining public and local government support. Challenges Under California Environmental Laws SOC faces significant obstacles due to California’s regulatory framework, including: - California Environmental Quality Act (CEQA) : Requires all projects to identify and mitigate significant environmental impacts. - California Coastal Sanctuary Act of 1994 : Prevents new offshore oil leases in state waters but does not directly affect SOC’s federal leases. - Recent Legislation : In 2024, Governor Gavin Newsom enacted laws granting local governments more power to restrict oil production and accelerate the decommissioning of idle wells. The Game-Changer: Trump’s Executive Order On January 20, 2025, President Trump issued a landmark executive order declaring a national energy emergency. This order drastically alters SOC’s prospects by overriding state-level regulatory obstacles. Key provisions include: - Defense Production Act : SOC’s oil is classified as critical to national defense, granting the federal government the authority to expedite operations. - Federal Preemption Powers : California’s environmental restrictions are deemed a threat to national security, allowing the federal government to override them. - Military Construction Authority : SOC’s infrastructure is designated as a strategic defense asset, enabling accelerated repairs and upgrades under military authority. Valuation Analysis: SOC’s Massive Upside Potential Peer Valuation Comparison Comparable mid-sized oil companies are valued at $20–$30 per barrel of oil equivalent (BOE) . SOC’s current valuation implies a mere $4.87 per BOE , significantly undervalued relative to its peers. Stock Valuation Scenarios Based on SOC’s reserves (646 million BOE) and the impact of the executive order, here are the potential valuations: 1. Optimistic Scenario : - Assumptions : SOC restarts production by Q4 2025, oil prices remain at $80/barrel, and regulatory hurdles are eliminated. - Enterprise Value (EV) : 646 million BOE × $30/BOE = $19.38 billion . - Net Debt : $1 billion. - Market Capitalization : $19.38 billion - $1 billion = $18.38 billion . - Stock Price : $18.38 billion / 100 million shares = $183.80 per share . 2. Moderate Scenario : - Assumptions : SOC faces minor delays, production restarts by mid-2025, and oil prices decline slightly to $70/barrel. - Enterprise Value (EV) : 646 million BOE × $25/BOE = $16.15 billion . - Net Debt : $1.2 billion. - Market Capitalization : $16.15 billion - $1.2 billion = $14.95 billion . - Stock Price : $14.95 billion / 100 million shares = $149.50 per share . 3. Pessimistic Scenario : - Assumptions : Significant delays prevent production until late 2026, missing the deadline and risking asset reversion to Exxon. Oil prices drop to $50/barrel. - Enterprise Value (EV) : 646 million BOE × $15/BOE = $9.69 billion . - Net Debt : $1.5 billion. - Market Capitalization : $9.69 billion - $1.5 billion = $8.19 billion . - Stock Price : $8.19 billion / 100 million shares = $81.90 per share . Conclusion SOC’s acquisition of ExxonMobil’s Santa Ynez Unit presents a massive deep-value opportunity. With 646 million BOE of reserves , the company is undervalued at just $4.87 per BOE compared to peer valuations of $20–$30 per BOE. President Trump’s executive order drastically shifts the regulatory landscape, enabling SOC to potentially restart production before the January 2026 deadline. SOC’s stock could reach $149–$183 per share in a successful scenario, representing significant upside from its current price of approximately $27 per share. However, risks remain tied to execution, oil prices, and potential regulatory challenges despite federal intervention. Investors should monitor SOC’s progress and federal actions closely.
1/24/25 :: VROCKSTAR :: NASDAQ:AGYS A bit extreme at low 90s... buy - another one of those 6/10 ideas like NYSE:NVO in the low 80s (that worked out btw, closed this PM) as well as NASDAQ:PEP in the low 140s (also closed). - these extremes on days were mkt is selling off are the places you can find better risk than reward playing reversion. - #s weren't great, stock not "cheap" in traditional sense. but great chart, good execution, no idea on mgmt (if i was going to actually own more than 1% trading position i'd care)... but chart would indicate they're doing something right... you buy. - so this is a place where i think i can outearn the crappy 4+% annualized yield in a MM account over the weekend. looking to exit early next week for a gain or a loss, not a LT spot. - anyone have a more nuanced view? for me this is more of a trading call than a bottom-fishing expedition. not looking to FAFO. many other interesting names i'm buying today in size e.g. NVDA where i've loaded TF up. V
Why would anyone ignore a metric one of the richest persons in the world uses. Tangible book value is a key metric Warren Buffett uses for looking at companies as well as judging his own investment vehicles (Berkshire Hathaway) success. Im focused on NASDAQ:IQ IQ Iqiyi stock, and Im emboldened because of IQ's tangible book value. Its a potential grower for the next years and being at low TBV gives me confidence that its a good value now at around the 2 dollar range. I also show in this video 2 other example cases ( NYSE:GME GME and NYSE:XOM XOM) where TBV was useful to gauge value during peak fear and overselling periods. Hope you enjoy!