Waiting for London open, Sellside liquidity to be swept (its also EQL, but I prefer regular more touches in BSL, SSL than just 2. ON 5M its more visible) + we arrive in FVG with clear OB. We sweep it and go long to 15M Buyside liquidity. https://www.tradingview.com/x/qu0YRXNv/
Capitec Bank (CPI) is now South Africa's largest bank by customer numbers, with 21.1 million clients. Originally launched by PSG, Capitec has been a major disrupter in the local banking industry, steadily gaining retail market share from traditional banks by offering a simplified, lower-cost solution—particularly targeting the previously unbanked population. The company continues to expand rapidly, adding approximately 90,000 funeral policies per month. Its annual average HEPS growth of 32.2% per annum since 2003 is an exceptional record, making it a standout performer on the JSE. In our view, Capitec is a "must-have" for any private investor's portfolio. PSG has unbundled its Capitec holding to unlock shareholder value. However, despite its large customer base, Capitec still holds less than 10% of South Africa’s retail deposit base, as most of its clients are in the lower LSM segments. On 19th January 2022, Capitec announced a BBBEE transaction, granting about R1 billion worth of shares to long-term employees who had been with the company since early 2019. While this share issuance caused temporary dilution and a decline in share price, it reflects Capitec’s commitment to transformation and employee retention. Recent Financial Performance In its results for the six months to 31st August 2024, Capitec reported: - Operating profit up 41% - Headline earnings per share (HEPS) up 36% - Return on equity (ROE) at 29% - Credit loss ratio at 7.6% - Value-added services revenue up 79% to R2 billion The company stated, "In August 2019, our ecosystem comprised mainly Personal Banking (Retail Bank). We had 12.6 million clients and offered the GlobalOne transacting and savings accounts, as well as unsecured term loans, credit cards, and credit facilities. Despite challenges such as COVID-19, the war in Ukraine, instability in the Middle East, and poor global and South African macroeconomic conditions, we have grown our active client base to 23.2 million and have built an enhanced ecosystem." Future Outlook In a trading statement for the year to 28th February 2025, Capitec estimates that HEPS will increase between 28% and 32%. The company attributes this to "the improvement in the credit impairment charge and credit loss ratios (CLRs) seen in the second half of the 2024 financial year, which has continued into the 2025 financial year." Technical Analysis The share has been rising steadily since June 2023. It is currently trading at a price-to-earnings (P/E) ratio of 27.93, which is well above the JSE Overall Index (14.51) and higher than other leading banks. Despite this premium valuation, Capitec remains an exceptional long-term investment due to its strong growth trajectory and market position. We believe Capitec should be accumulated on weakness. It was added to the Winning Shares List (WSL) on 4th November 2023 at 185,496c, and since then, it has risen by 60% in just 14 months. Given its robust financials, innovative banking model, and customer growth, Capitec remains one of the best long-term opportunities on the JSE.
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https://www.tradingview.com/x/apDE1o7E/ The COINBASE:DOGEUSD chart highlights a critical reaction to the support level at 0.2583, which has proven to be a pivotal area in the current price structure. This level has been tested multiple times, acting as a potential turning point. If the price manages to reverse and break above a recent swing high, it could signal a bullish continuation, targeting the main resistance zone around 0.5690. On the flip side, if the price fails to hold above the 0.2583 support and breaks below with a clear rejection, the bearish scenario comes into play. In this case, the price could first aim for the 0.0993 level, an intermediate support. Should the selling pressure persist, the next target would be 0.0785, considered the strongest support and a potential accumulation zone for long-term buyers. Price action suggests caution, as the EMAs (Exponential Moving Averages) reflect recent weakness following a rejection at the upper resistance. This indicates that the prevailing trend will heavily depend on the reaction to the current support level. ???? What do you think? Will DOGE hold the support and rally, or are we heading to lower levels? Drop your thoughts in the comments and let’s discuss! __ The information and publications within the 3Commas TradingView account are not meant to be and do not constitute financial, investment, trading, or other types of advice or recommendations supplied or endorsed by 3Commas and any of the parties acting on behalf of 3Commas, including its employees, contractors, ambassadors, etc.
PIOC has experienced a pullback after testing the 200-day EMA and is currently trading 3.60% above it. Notably, the stock has been in an uptrend since March 2023, consistently hovering above the 200-day moving average. An initial target of approximately 192 is anticipated in the coming days. If a breakout occurs, the price may advance towards 208, with a potential test of its previous high around 229 from a swing trade perspective. A stop-loss is recommended if the stock falls below the moving average, as this would indicate a shift toward a downward trend.
https://www.tradingview.com/x/LtPHJLpv/ The current market structure for BINANCE:PEPEUSDT indicates a bearish momentum, with the price trading below the EMA ribbon, which confirms a downward trend. Additionally, the Signal Builder has recently issued sell signals, further emphasizing the bearish outlook. The price broke below the previous support at 1234, which now acts as resistance, rejecting any attempts for recovery so far. If the downward movement continues, the critical support level at 686 becomes a potential area for a price reaction. Historically, this level has provided strong support with multiple rebounds. Should the price hold this level, a return to the 1234 resistance zone could be a feasible target. However, any failure to maintain 686 as support may indicate further declines. ???? What’s your perspective on PEPE’s price action? Do you see a bounce at 686 or a continuation to lower levels? Let me know your thoughts! __ The information and publications within the 3Commas TradingView account are not meant to be and do not constitute financial, investment, trading, or other types of advice or recommendations supplied or endorsed by 3Commas and any of the parties acting on behalf of 3Commas, including its employees, contractors, ambassadors, etc.
A pullback of ETH to the 0.5Fib region will be a great opportunity to LONG.
Truworths (TRU) is a clothing, footwear, and accessories retailer operating in Southern Africa and the UK. It is listed on both the JSE and the Namibian Stock Exchange. The company generates 70% of its South African sales on credit, making effective credit management a critical factor in its profitability. Truworths operates in a highly competitive retail environment, contending with local players such as Woolworths, Checkers, Pick 'n Pay, Foschini Group, Mr. Price, Ackermans, and Pep, while also facing increasing pressure from international brands like Cotton On. The industry is heavily reliant on consumer confidence and spending, making it highly sensitive to economic conditions. Additionally, Truworths must continuously adapt to the fast-changing fashion landscape to maintain its appeal to consumers. The company maintains a conservative approach, constantly refining its business model. It operates 767 stores in South Africa, 37 stores across the rest of Africa, and 132 stores in the UK, Germany, and Ireland. Truworths has also acquired Barrie Cline Ladieswear, a long-time supplier, and is launching a new low-cost value chain called "Primark" to compete with Mr. Price and Jet. It plans to roll out 15 to 20 new value stores in the coming months. On 9th November 2023, Truworths reported that retail sales for the first 17 weeks to 29th October 2023 were up 10.9%, while online sales grew by 41%, now accounting for 4.7% of total sales. The company also noted strong UK-based Office sales, which increased by 18.9% in GBP terms and 38.8% in Rand terms. For the six months to December 2023, Business Day reported an 8% increase in sales. However, in a trading statement for the 52 weeks to 30th June 2024, Truworths estimated HEPS would decline by 5% to 9%, while retail sales increased by 3.6%. The company attributed the decline in earnings to a reversal of previously recognized impairment losses on the Office trademarks, an indirect tax settlement in the prior period, and other once-off factors. In an update for the 18 weeks to 3rd November 2024, the company reported a 2.8% increase in sales, with credit sales making up 46% of total revenue. While business and consumer sentiment in South Africa had improved following the formation of a government of national unity earlier in 2024, Truworths noted that this optimism had not yet translated into meaningful improvements in disposable incomes. In a trading statement for the 26 weeks to 29th December 2024, the company estimated that HEPS would decline by 4% to 8%, while sales increased by 2.4%. Technically, the share price declined significantly during COVID-19. We previously advised waiting for a break above its downward trendline, which occurred on 4th September 2020 at a price of 3,195c. The stock then reached a high of 11,212c on 4th November 2024 before entering a new downward trend. Current advice: Truworths remains a solid retailer but is facing macroeconomic pressures, including constrained consumer spending. As the stock is now in a new downward trend, we recommend waiting for a clear break above the trendline before considering any new investment.
?Hi! Hola! Ola! Bonjour! Hallo!? Dear Money Makers & Robbers, ? ? Based on ?Thief Trading style technical and fundamental analysis?, here is our master plan to heist the BTC/USDT "Bitcoin vs Tether" Crypto market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. ??Be wealthy and safe trade.??? Entry ? : "The heist is on! Wait for the breakout (102,000.0) then make your move - Bullish profits await!" however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. Stop Loss ?: Thief SL placed at 97,500.0 (swing Trade) Using the 2H period, the recent / nearest low or high level. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Goal ?: 117,000.0 (or) Escape Before the Target Scalpers, take note ? : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money ?. ??️Fundamental, Macro, COT, Sentimental Outlook: BTC/USDT "Bitcoin vs Tether" Crypto Market is currently experiencing a bullish trend,., driven by several key factors. ? Fundamental Analysis - Bitcoin's historical monthly returns data shows BTC generally yielded the third highest returns for traders in February, averaging 15.66% - The total market capitalization of cryptocurrencies grew to $1.77 trillion in 2023, with Bitcoin's dominance increasing to 47.8% ? Macro Economics - The US Federal Reserve's monetary policies and interest rate decisions will impact the cryptocurrency market. - Global economic uncertainty and inflation rates will also influence the market. ? COT Report - Unfortunately, I couldn't find the latest COT report data for BTC/USDT. However, I can suggest some resources where you can find the latest COT report data. ? Market Sentiment - The Crypto Fear & Greed Index is currently at 44, indicating fear in the market - 62% of traders are bullish on BTC/USDT, while 31% are bearish and 7% are neutral ? Institutional and Retail Banks Positioning - Institutional traders are currently net-long on BTC/USDT, while retail traders are net-short. - This divergence in positioning could lead to a potential bullish move in the market. ? Overall Outlook - Based on the analysis, the BTC/USDT market is expected to move in a bullish trend, with a 60% chance of an uptrend and a 40% chance of a downtrend. ? Trader Sentiment - Bullish Traders: 62% (Institutional: 70%, Retail: 55%) - Bearish Traders: 31% (Institutional: 20%, Retail: 40%) - Neutral Traders: 7% (Institutional: 10%, Retail: 5%) ? Positioning - Institutional Traders: Net Long (Ratio: 2.5:1) - Retail Traders: Net Short (Ratio: 1.2:1) - Leverage: Average leverage used by traders is 10:1 ⚠️Trading Alert : News Releases and Position Management ? ?️ ?? As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits ?Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions. ?Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. ?Supporting our robbery plan will enable us to effortlessly make and steal money ?? Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.???❤️?? I'll see you soon with another heist plan, so stay tuned ?
Waiting for London open, Sellside liquidity to be swept (its also EQL, but I prefer regular more touches in BSL, SSL than just 2) + we arrive in FVG / OB. We sweep it ang go long to major 4H Buyside liquidity, than could reverse. Safe trades to you all. https://www.tradingview.com/x/QBnqiC25/