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  2. It is a consensus that Web3 wallets offer users whole control over their assets, ensure protection against unauthorized access, deliver seamless access to the growing world of blockchain services and more. However one quality that many participants are yet to tap fully is the earning opportunities they unlock. So in my exploration to access those juicy opportunities, I’ve discovered quite a few on Bitget wallet. Earned good rewards from the previous ZETA airdrop, and now in line with offering an unparalleled rewarding trading experience in Web3, Bitget Wallet has launched a massive airdrop for its ecosystem token BWB. Scheduled to last from March 18 to April 28, participants are invited to download Bitget Wallet app on their devices and claim BWB by participating in events through the app—the more tasks completed, the more points you gain. I just think that considering that 164m BWB points have already been issued over the period of 5 weeks, with one more week to go, no better time to hop on this opportunity than now especially with a welcome bonus of 50 $BWB points up for grabs!
  3. In the top menu at the end of the workspace tabs, if there are more workspaces then there is a 'more button' indicated by the 3 dots. When this button is clicked a dropdown displays the additional workspaces, and when a workspace name in the dropdown is clicked so that workspace displays. However the workspace dropdown remains open; I my opinion it would be better and logical for the dropdown to instead automatically close (as it used to a while ago).
  4. Hi, I read this IG article but it doesn't seem like Impala or Northam shares are available to trade in any of the places they are listed. https://www.ig.com/uk/trading-strategies/palladium-stocks--how-to-invest-and-the-best-companies-to-watch-210507 Any help please? Cheers.
  5. this sounds like an amazing opportunity for users in the crypto world. It's important to approach futures trading competitions with caution, ensuring one's financial stability and a comprehensive understanding of the market. While the prizes are enticing, responsible trading remains the ultimate goal. Thanks for sharing such an intriguing event, I’ll definitely be taking a look at it !
  6. As a newbie crypto trader, I dove headfirst into the world of futures trading on Bitget. Feeling overwhelmed by the charts and analysis, I discovered their copy trading platform. It was a revelation! Following the strategies of Bitget's elite traders, I learned the ropes while making real profits. Their expertise took the guesswork out of trading, allowing me to focus on understanding the market. This new Bitget Futures Elite Trader Selection Program is fantastic news. It incentivizes these top traders, giving them greater exposure, while also helping new users like myself identify proven performers. It's a win-win for everyone, and a huge step forward in making futures trading more accessible and successful for beginners. Thanks Bitget!
  7. Ontology is a high-performance, open-source blockchain that aims to revolutionize the way we approach digital identities, data sharing, and trust in the digital realm. One of the standout features of Ontology is its dual-token model, which separates the roles of ONT and ONG. While ONT serves as the staking tool for nodes and governance, ONG operates as the value-anchoring utility token for on-chain applications and transactions. This innovative approach mitigates the risk of turbulent fluctuations in the native asset value, ensuring a stable and efficient ecosystem. The ONG listing on Bitget is particularly exciting for several reasons. Firstly, it aligns with Ontology's recent announcement of a $10 million fund aimed at fueling the innovation and adoption of Decentralized Identity (DID) through the ONT and ONG tokens. This initiative underscores the project's commitment to empowering, educating, and evolving its ecosystem in exciting new ways.
  8. Ontology is making waves in the Web3 space by offering a unique solution to a major challenge: digital identity and data management. This high-performance, open-source blockchain empowers businesses to build secure and scalable solutions. Here's what sets Ontology apart: Focus on Identity and Data: Ontology specializes in decentralized identity (DID) and data solutions, helping businesses create trust and transparency in Web3. Flexibility for Businesses: Its infrastructure supports cross-chain collaboration and Layer 2 scalability, allowing businesses to tailor their blockchain needs. Dual-Token Model: Ontology utilizes both ONT and ONG tokens, decoupling gas fees from the core asset value (ONT) to avoid market fluctuations impacting transactions. ONT is currently traded on major exchanges like Bitget and Binance. $10 Million DID Adoption Fund: This recent initiative showcases Ontology's commitment to fostering innovation by empowering developers and educating users about decentralized identity. In summary, Ontology offers a secure, flexible, and user-friendly platform for building trust-based applications in the evolving Web3 landscape.
  9. How many of you caught this off my previous posts? I'm willing to bet no one Retracement down to both the 70.7% (SQUARE) retracement level AND the 75% level Extended Gann Box angle with the Indicators oversold! Come on it ain't hard Then you drop to a lower time-frame for entry! - You do NOT blindly buy the angle or the ret level, let the retail crowd buy those - you drop down to an Intra-day time-frame etc PS - This is what GANN was doing over 100 years ago - this is NOT new
  10. The world of cryptocurrency can be exciting and fast-paced. New projects are constantly emerging, and there’s a constant buzz around innovation and potential. While I’m always following the latest trends, I recently came across an event that piqued my interest. Bitget, a well-known crypto exchange, is hosting a futures trading competition with some truly incredible prizes. We’re talking luxury goods like a Louis Vuitton bag and a Rolex, or even a Tesla Model S! This is a great opportunity for experienced traders to test their skills and potentially win something life-changing. Of course, futures trading carries inherent risks, so it’s crucial to only participate with capital you can afford to lose and to have a solid understanding of the market before diving in. Now, I know futures trading can be a bit risky, so this definitely isn’t for everyone. But if you’re already into crypto and have some experience trading, it might be worth checking out. There are even smaller rewards for achieving lower trading volumes, so you don’t have to go all-in to win something cool. Remember, these rewards are exciting, but responsible trading is always the best prize.
  11. Which I did and several weeks later got no any reply.
  12. 5. Several weeks now - get no any reply to reasons of absence of L2, thus support doesn't exist. 6. Why are STOP orders prevents me to sell the same stock when it has higher price?! It makes no sense esp. with cash account, I have to cancel stop orders first and then sell next, by that time there will be no profit left... Which simply means I can't use STOP orders. 7. No market scanners which can sort by % price gain (even w/o dynamic update, with manual refresh).... Nope not possible. So, it can be fine for investment where you have a few trades per day, holding stock for days-months, but for day trading personally I can't trust any large money to IG with all that issues, I am sorry to say.
  13. Unlike many emerging platforms that are building a reputation, Safe is already a leading provider of smart wallet infrastructure for Ethereum and EVM blockchains and their focus is to transform every Ethereum account into a secure smart account. With over 200 projects already deployed on Safe's standard, including Gnosis Pay and Worldcoin, it boasts a vast ecosystem that enables new applications in DeFi, staking, gaming, and more. Widely used by individuals and organizations for features like gasless transactions, facial recognition logins, Safe is trusted by industry giants like Vitalik Buterin, Punk6529, Shopify, and Reddit for managing their digital assets. I believe with over 8.3 million Safe accounts, 47 million transactions processed, zero critical security incidents since launch in 2018 plus a slated Bitget listing of SAFE token, Safe is setting the industry benchmark for security. Who is/are Safe’s closest competitors?
  14. Dow, Nasdaq 100 and Nikkei 225 make headway off recent lows The selling in indices has stopped for now, with major markets higher after finding at least a short-term low last week. Source: Getty Images Written by: Chris Beauchamp | Chief Market Analyst, London Publication date: Tuesday 23 April 2024 13:38 Dow recovery goes on The index continues its recovery from the lows of last week, and Monday’s session saw it move back above the 100-day simple moving average. The flood of major earnings over the coming two weeks may mean that the index experiences a more volatile period, even if it does continue to rebound. Further gains target 39,000, which provided some resistance earlier in the month, and then on to 40,000. A close back below 38,000 could suggest the price will head back towards 37,500, retesting last week’s low. Source: ProRealTime Nasdaq 100 braces for big tech earnings The pullback in the index paused yesterday, as the price reached 17,000. A small gain helped to suggest that a low may be forming. The big tech earnings that dominate this week and next may mean that the index struggles in the short-term, though with the percentage of index members below their 20-day SMA hitting 5% last week a short-term bounce still seems likely. A close above 17,415 and the 100-day SMA helps to build a short-term bullish view. Sellers will want to see a close back below 17,000, which could then open the way to the January low at 16,177. Source: ProRealTime Nikkei 225 returns to 100-day SMA As with other indices, the Nikkei 225 has seen its pullback pause over the past three sessions. Buyers appeared last week when the index dropped below 37,000, and the index then pushed back to the 100-day SMA. A close above the 100-day SMA would add strength to the bullish view, while the price then targets the early April highs around 39,860. 37,000 continues to hold as support for now, so a break below here is needed to put the bearish view back on track. Source: ProRealTime
  15. While the price of crude oil stabilises, gold and silver prices fall sharply De-escalation in the Middle East leads to risk on sentiment and flows out of save haven commodities such as precious metals. Source: Getty Images Written by: Axel Rudolph FSTA | Senior Financial Analyst, London Publication date: Tuesday 23 April 2024 13:23 Brent crude oil price recovers slightly from near one-month low The Brent crude oil price’s sharp decline from its 91.67 mid-April high to Monday’s 85.21 near one-month low amid de-escalation in the Middle East has been followed by a minor bounce which so far remains tepid and below the 87.11 mid-March high, though. Were 85.21 to give way, the key mid-November-to-early March previous resistance area, now because of inverse polarity a support zone, at 84.58 to 83.79 would probably be tested. Source: ProRealTime Gold price plunges to three-week low as geopolitical tensions ease Spot gold is on track for its second straight day of losses, having so far fallen by around 5% from its mid-April $2,431 per troy ounce record high, as tensions in the Middle East ease. A potential downside target is seen at the 5 April low at $2,268. If fallen through, a more significant correction might take the precious metal price to its 20 March $2,223 high. Minor resistance sits between its mid-April low and Tuesday’s intraday high at $2,335. Further minor resistance can be spotted at the 17 April $2,354 low. Source: ProRealTime Silver price comes off its three-year high The spot silver price is seen coming off its $29.79 per troy ounce mid-April high, a level last traded in February 2021, towards its 5 April low and the February-to-April uptrend line at $26.29 to $26.16 as geopolitical tensions in the Middle East abate. Another potential downside target is the 21 March high at $25.77. Minor resistance above Tuesday’s intraday high at $27.36 can be seen at the 10 April low at $27.53. Source: ProRealTime
  16. Nice content, i really enjoyed it
  17. Security and Transparency have always been the bedrock of cryptocurrency and focusing on these principles is particularly endearing to the crypto community. I found this to be more true when I came across BRC-20 DEX Exchange. In short, BRC-20 DEX Exchange is a DEX built on the BRC-20 protocol, offering secure and transparent trading for BRC-20 tokens. Basically, the BRC-20 DEX Bridge allows users to easily transfer BRC-20 tokens to Ethereum (ETH), Binance Smart Chain (BSC), and Polygon (Matic) networks for wider trading options. Additionally, the bridge enables transferring assets back to the BRC-20 blockchain. The BRC-20 DEX offers various utilities, including efficient bridging of BRC-20 tokens, spot trading of cryptocurrencies, and margin trading for borrowing, trading, and leveraging BRC-20 tokens. While they have gained popularity, the listing of their token BD20 on Bitget will be another milestone in their journey. Do you think BRC-20 DEX transparency and security will offset the limited number of operating chains?
  18. Monday’s session saw the FTSE 100 finally reach a new record high, joining its peers which saw fresh peaks earlier in the year. Source: Getty Forex Indices Shares FTSE 100 Federal Reserve Pound sterling Written by: Chris Beauchamp | Chief Market Analyst, London Publication date: Tuesday 23 April 2024 10:22 FTSE 100 hits new peak as rate cut hopes boost index Monday’s session saw the FTSE 100 finally reach a new record high, joining its peers which saw fresh peaks earlier in the year. FTSE 100 closes at record after broad up day for UK stocks The UK's premier FTSE 100 stock index hit an all-time closing high on Monday, with the blue-chip benchmark surging 1.6% to finish at 8,023.9 points. The rally was broad-based across most index constituents. Weaker pound helps boost UK exporters A key factor driving the FTSE 100's record close was the renewed weakness in the British pound versus the U.S. dollar. Sterling slumped 0.3% to $1.2333, its lowest since mid-November. With most FTSE 100 companies earning the majority of their revenues overseas, the weaker pound boosted their relative valuations. Diverging rate outlook for Fed and Bank of England Market expectations are building for the Bank of England (BoE) to start cutting interest rates as soon as August. This contrasts with views that the U.S. Federal Reserve (Fed) will keep rates higher for longer. The diverging rate outlook between the BoE and Fed is seen as benefiting the globally-exposed FTSE 100 index. New highs come despite cheaper valuations Even after setting a new all-time closing peak, UK stocks continue to trade at a record discount to their peers like the S&P 500. This depressed valuation gap reflects years of underperformance by British equities relative to other major markets. UK companies continue to be snapped up by foreign investors, with engineer Tyman agreeing to a takeover on Monday and other major names in focus. Energy and bank stocks support FTSE 100 gains Sector boosts from rising oil prices lifting energy giants like Shell, as well as gains for UK bank stocks amid an emerging economic recovery, have helped drive the FTSE 100's recent rally to new highs. FTSE 100 technical analysis The FTSE 100 finally managed to overcome its previous record high dating back to February of last year and is fast approaching the 8,100 mark. Since over the past decade the index several times fell just short of the psychological 8,000 mark, the question is whether this time round a valid break above that level has finally been made. For now at least, the index seems to be on track for its third consecutive month of gains. This is encouraging for the bulls as it shows consistent buying pressure. FTSE 100 Monthly Candlestick Chart Source: TradingView A technical upside target can be found at the 161.8% Fibonacci extension of the March-to-June 2020 advance, projected higher from the October 2020 low, at 8301.90. This bullish view will remain intact while the 200-day simple moving average (SMA) and the 2020-to-2024 uptrend line at 7,597.9 to 7,582.1 underpin on a weekly chart closing basis. Immediate upside pressure should be maintained while the FTSE 100 stays above Friday’s one-month low at 7,748.8 on a daily chart closing basis. FTSE 100 Daily Candlestick Chart Source: TradingView Minor support above these levels can be seen between the 8,016.5 early April high and the psychological 8,000 mark. This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.
  19. As Amazon gears up to release its Q1 2024 earnings on April 30, market watchers are eyeing potential growth in AI technology, cost-cutting measures, AWS expansion, and advertising revenues. Written by: Tony Sycamore | Market Analyst, Australia Publication date: Tuesday 23 April 2024 05:45 When will Amazon report its latest earnings? Amazon is expected to report its first quarter (Q1) 2024 earnings after the market closes on Tuesday, 30 April, 2024. Amazon: a titan among the Magnificent Seven Amazon is an American multinational technology company specialising in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. It is a member of the so-called "Magnificent Seven", along with Tesla, Microsoft, NVIDIA, Apple, Meta, and Alphabet. In its Q4 2023 earnings report, Amazon surpassed Wall Street's expectations, resulting in its share price surging 8% higher in after-hours trading. The company reported revenues of $170 billion in the fourth quarter, 14% higher than the $149.2 billion reported in the fourth quarter of 2022. The company reported EPS of $1.00 per share, beating market forecasts of $0.80, significantly exceeding reported EPS of $0.03 in the fourth quarter a year earlier. "This Q4 was a record-breaking Holiday shopping season and closed out a robust 2023 for Amazon," said Andy Jassy, Amazon CEO. "As we enter 2024, our teams are delivering at a rapid clip, and we have a lot in front of us to be excited about." Amazon projects robust sales growth and profitability in Q1 2024 guidance Source: Amazon Amazon's key financials Slowing revenues Current Quarter (Q1 2024): $142.53 billion Previous Quarter (Q4 2023): $170.00 billion EPS takes a dip Diluted EPS Q1 2024: $0.83 Diluted EPS Q4 2023: $1.00 Amazon sales revenue Source: TradingEconomics Andy Jassy's vision for Amazon: what to watch for? Amazon embraces the AI revolution Jassy mentioned AI and Gen AI more than 30 times in his letter to shareholders earlier this month, noting that "Generative AI may be the largest technology transformation since the cloud – which itself is still in the early stages – and perhaps since the internet." As such, there will be keen interest in seeing how Amazon continues integrating and utilising AI technology within its business and product offerings and the potential it can create for shareholders. Jassy's cost-cutting crusade After overspending during the pandemic, Jassy is expected to continue cutting costs, specifically in the fulfilment and logistics division. "As we look toward 2024 (and beyond), we're not done lowering our cost to serve. We've challenged every closely held belief in our fulfilment network, and re-evaluated every part of it and found several areas where we believe we can lower costs even further while also delivering faster for customers." Riding the AI wave: AWS's growth trajectory Last quarter, revenue for the AWS segment increased by 13% year-on-year. There will be keen interest in seeing that rate of growth maintained in this AI-heavy area of Amazon as more businesses shift their data storage to the cloud. Prime video and sports: the advertising goldmine Amazon's Advertising revenue increased by 24% year over year in 2023 to $47 billion from $38 billion in 2022. Shareholders will look for continued strong growth in this area powered by various measures, including incorporating advertisements into Prime Video Shows and Movies and live sports. The rise and fall of Amazon's cashier-less dream Amazon's cashier-less technology, designed to help shoppers skip the line, was intended to reshape the future of retail. However, shoppers appeared uncomfortable using the technology. While Amazon has announced that they are walking back the technology, there will be interest in seeing what plans the company has for the technology already developed. Amazon's 2023 letter to shareholders Source: Amazon Amazon technical analysis In a move that took almost three years to complete, Amazon's share price recently reached a new all-time high after dropping more than 55% from its July 2021 high of $188.65. Amazon's ascent to new highs was driven by an 18% increase in the share price during the first quarter of 2024 - a performance that exceeded the tech-heavy Nasdaq, which saw a more modest 8.50% rise during the same timeframe. Amazon weekly chart Source: TradingView The daily chart below illustrates that after an 8% jump in early February (following its Q4 2023 earnings report), Amazon's share price recently surged to new highs, propelled by a bullish trend channel. Looking ahead, bullish trend channel resistance lies at around $192, which would be a logical spot for profit-taking type sell orders. On the downside, initial support is identified at $170, where we would expect dip buyers to step in, ahead of more significant support at the lower boundary of the trend channel, coming in at around $148.00. Amazon daily chart Source: TradingView Source TradingView. The figures stated are as of 17 April 2024. Past performance is not a reliable indicator of future performance. This report does not contain and is not to be taken as containing any financial product advice or financial product recommendation. This information has been prepared by IG, a trading name of IG Australia Pty Ltd. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients.
  20. Silver Elliott Wave Analysis Function -Trend Mode - Trend Structure - Impulse for (A) Position - Wave 3 of (A) Direction - Wave 4 of (A) Details - Currently in wave 4 dip before further rallies for wave 5 of (A) higher. We should see one more leg lower for wave 4. Not much has changed since the last update. Silver has undergone an extension of its pullback phase since April 12th, 2024, and is now poised within the critical Fibonacci reversal territory. The prevailing trend unmistakably favors the bulls, and it's only a matter of time before its upward trajectory resumes. Amidst this phase, buyers are gearing up to reclaim dominance within the current reversal zone, a juncture demanding keen attention from retail traders. Within this discourse on commodities, our focus delves into both the long-term and near-term Elliott wave prognostications for Silver, emphasizing the pivotal reversal zones meriting trader scrutiny. Zooming into the daily chart, we observe a significant breakout from a protracted triangular formation, constituting part of a double zigzag structure stemming from the September 2022 low, where Silver traded at $17.56. Presently, the price action aligns within the intermediate wave (A) of the primary wave Y (circumscribed in blue). Wave (A) is unfolding into an impulsive sequence since late January 2024. Within the confines of wave (A), the ongoing descent constitutes wave 4. As wave 4 approaches its culmination, an anticipatory surge in wave 5 beckons, potentially propelling prices towards the 30 major level, or possibly even surpassing it. The pivotal query revolves around the termination point of wave 4. Shifting focus to the H4 chart, we discern wave 4 materializing into a zigzag pattern, suggesting potential support within the 100-138% Fibonacci extension levels, corresponding to the range of 26.86 - 26.07. Should the projection extend to 161.8% (25.6), the integrity of the zigzag structure may be compromised, potentially catalyzing a transition toward an impulsive decline. Consequently, an anticipatory rebound within this zone is anticipated. Presently situated within this crucial territory, the price trajectory might explore deeper depths, yet a decisive and vigorous recovery out of this zone remains imperative to facilitate the advancement into wave 5. Technical Analyst : Sanmi Adeagbo Source : Tradinglounge.com get trial here!
  21. Upcoming McDonald's earnings on April 30th could signal key shifts in market dynamics, with investors eyeing potential impacts of inflation, geopolitical concerns, and competitive challenges. Source: Getty Shares McDonald's Fast food Franchising Relative strength index Inflation Written by: Monte Safieddine | Market analyst, Dubai Publication date: Tuesday 23 April 2024 02:14 When will Tesla report its latest earnings? If you're craving a Big Mac on Tuesday, April 30, it might be because that's when McDonald's Corporation is expected to release its figures for the first quarter of this year. A snapshot of last quarter's performance Hopes are it won’t be mixed results as we saw in the final quarter of last year where it outperformed on earnings per share at $2.95 versus $2.82 forecasts but suffered a slight miss on revenue at $6.41 billion instead of the $6.45 billion expectations. McDonald's and the changing tides of fast-food consumption In the past, it was a story of snatching market share from pricier chains when the cost of living rose significantly, but it has since begun to impact even fast-food companies. Polling from Revenue Management Solutions back in February painted a picture of low-income consumers cutting back on fast food, and at times avoiding it altogether, instead of merely reducing consumption at the franchise. That has meant concern over receiving less from budget-conscious consumers, and pushing more into that camp where previously it had been more about tastes and preferences. Inflation has generally been moderating, but slight panic is resurfacing once more that controlling it in the next phase will be a more challenging task. And focusing on the state of California, prices are expected to be higher for the current quarter after the minimum wage increase to $20 at the start of this quarter, as leaders in the industry said they’d adapt to incorporate the higher costs, even if for some it’ll be up to their respective franchisees. McDonald's ambitious leap towards 50,000 restaurants Higher costs in general will be observed and not just in the Golden State. There's also how it's faring on its expansion plans to reach 50,000 with the majority of capital expenditures on opening new restaurants, whether in the US or abroad, any update on evaluating its spinoff CosMc's, and the tie-in with Krispy Kreme going nationwide that benefited the doughnut maker’s share price significantly when it was announced, with little effect on McDonald’s share price. Those in the food industry have always sought further clarity regarding the impact of weight loss drugs, given the intent is on reducing appetite and feeling full for a longer period. Geopolitical concerns and revenue impact Then there’s the geopolitical angle. The ongoing boycott in the Middle East and its impact on sales in the final quarter of last year, and not just in the region but in other countries as well. It’s expected to have “a negative impact…as long as the war continues,” according to its regulatory filing back in February, which resulted in the announcement earlier this month about acquiring all of its Israeli franchise restaurants. For now, reliance will remain high on its core regions where the US is well on top by a big margin followed by Japan and China, and the extent to which the slower start to the year on weather woes can play a larger role in reducing customer traffic. How does McDonald's stack up against Chipotle and Domino’s Pizza? Looking at the competition, there have been stellar gains over the past year for Shake Shack's share price (up over 70%), Chipotle (nearly 60%), and Domino's Pizza (by over 40%), while McDonald’s is down by 7%. That means while its established brand and strong balance sheet might have been a plus when investors became defensive preventing its share price from falling too heavily when the AdvisorShares Restaurant ETF was in retreat, it hasn’t been able to come close to matching the rest of the industry when they are enjoying double-digit percentage gains. Source: Getty McDonald’s forecasts from Q1 results In all, expectations this time around are for an earnings per share of $2.72, higher than the same period last year at $2.63 but quarter-on-quarter experiencing another consecutive drop, and an estimate that has been revised higher recently. Revenue is expected at around $6.2 billion, above 2023's Q1 $5.9 billion but below the three quarters that followed. Gross profit margin is anticipated to improve, and there's also the potential for a small dividend hike (source: LSEG). As for recommendations, the majority remain in the 'buy' category, with none opting for an 'underperform' or 'sell'. Eight analysts are advancing into 'strong buy' territory, 19 are opting for a 'buy', and eleven suggest a 'hold'. Regarding their price targets, the average among them of $324 is above the current share price (source: LSEG). Trading McDonald’s Q1 results: technical overview and trading strategies Examining the weekly chart and dissecting the primary technical indicators individually reveals the price positioned below most of its main weekly moving averages, close to the lower end of the weekly Bollinger Bands. The DMI (Directional Movement Index) is negative, with a considerable margin between the DI- over the DI+, and the RSI (Relative Strength Index) indicator still not reaching oversold territory. Additionally, the ADX (Average Directional Movement Index) is below the ranges indicative of trending movements. The daily timeframe indicates a deteriorating technical outlook. Given this analysis, it's understandable why determining a technical overview in these circumstances becomes more complex for the long-term weekly perspective, whereas, for the daily perspective, a 'bear average' appears more apparent. For those predicting the persistence of this overview (and its bear channel), selling strategies may be considered, whether through a significant reversal from the weekly 1st Resistance or a breakout from the first Support. The increased volatility in this current phase, triggered by the upcoming fundamental release, could necessitate adjustment to strategies, perhaps shifting focus to secondary levels depending on how significantly the results diverge from expectations. Source: IG McDonalds weekly chart with key technical indicators Source: TradingView IG Client sentiment* and short interest for McDonald’s shares When it comes to sentiment amongst retail traders (image below), the bias has been extreme buy and has risen over the past two weeks to 91% as of this morning from 80% prior. Short interest on the exchange was somewhat rangebound for a few years and beneath 1% of shares float, but over the past two quarters has started trending higher with the latest print at over 8 million representing 1.12% of shares float (source: LSEG). Source: IG *The percentage of IG client accounts with positions in this market that are currently long or short. Calculated to the nearest 1%, as of today morning 8am for the outer circle. Inner circle is from April 2, 2024. This information has been prepared by IG, a trading name of IG Australia Pty Ltd. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients.
  22. When you changed etc price and switched to proof of steak, its price stopped, I look at etc chart to predict etc crypto price for next year
  23. Dera @neueneuen, Thank you for clarifying. Please note that you can access both the MT4 CFD and SB accounts from the MT4 platform itself, you will have to download MT4 and log in using your MT4 credentials: https://www.ig.com/uk/trading-platforms/metatrader-4/download-mt4 The pairs mentioned are not available on MT4. The margin requirements for IG.com and MT4 are not the same, MT4 allows for trading smaller lot sizes you would not be able to trade on the IG platform. All the best, KoketsoIG
  24. I'm not aware of a way to prevent it resetting back to the current time but there is a date picker you can use to prevent having to scroll. It's on the chart menu, third from the left, next to Mid/Bid/Ask. You need to scroll over to see it.
  25. Yes, it's all there in the same way as any other market. If you use the marketnavigation endpoint, you can find the hierarchy ids and epic names. For example, "DO.D.CABLE.50.IP" is currently Daily GBPUSD 12410 CALL.
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