May be inverted Head & Shoulders, but no neckline - need to see how it goes.
Called out by @thecryptosniper, here's my charting of HVF.
USD/JPY may get break upwards, meaning JPY will get weaken significantly, price reaching the green line may confirm this prediction.
Holding company, controls GPM Petroleum LP through pyramid. GPM owns 1400 comfort stores and gas stations in the USA. 2020 Q1 Report: mayafiles.tase.co.il 2020 Q1 Loss: -$75m 2019 Loss: -$90m Head & Shoulders might be in play, waiting for confirmation from the market.
Broadening pattern (megaphone) on an ascending pole. After shaking out some bulls, it usually resumes the uptrend. Usually there's 1 more test of the megaphone's middle line before going back up and break out.
AudioCodes Ltd. (NASDAQ, TASE: AUDC) is a leading vendor of advanced communications software, products and productivity solutions for the digital workplace. AudioCodes enables enterprises and service providers to build and operate all-IP voice networks for unified communications, contact centers, and hosted business services. Market cap ₪3.5B, Capital ₪345M,...
Gazit Globe, Commercial Real Estate Company Almost all of company's assets are commercial, offices, which got the most hit during the pandemic. ₪9.4B debt in bonds, ₪1.37B should be paid up to 2022. 2019 net profit was ₪800M, but 2020 Q2-4 expected to be significantly less, ability to maintain debt payments is a major risk. Stock needs to find a bottom before...
Cellcom, cellular communication company Used to be one of 3 cellular companies in Israel, but since the market has been opened up for competition it has been struggling for survival after being milked by previous owner who went bust, had a lot of excessive fats in terms of expenses. Today Cellcom is doing a decent job is reinventing itself, expanding to ISP and...
Right shoulder may be forming, expecting one more leg down before the final 10k breakout.
Shufersal, the leading groceries network in Israel, good online presence and delivery system. Great profitability during lockdown, decent PE ratio. Price action looking good, may break out of funnel upwards if price consolidates on the upper part of the funnel.
EL-AL Airline Company In dire straits frequently, currently requested assistance from the country, frequently in conflict with its pilots, added to COVID-19 trouble. Price action looks bearish, this may either continue to crash or reverse, too soon to tell. Need to watch where it consolidates, on the upper part of the funnel or on the bottom part.
Broadening pattern (megaphone) on an ascending pole. After shaking out some bulls, it usually resumes the uptrend. Usually there's 1 more test of the megaphone's middle line before going back up and break out.
Bezeq is a declared telecommunication monopol in Israel. Cheap cellular and rising competition in ISP services, plus regulatory reforms forcing Bezeq to allow others use its infrastructure led to gradual demise in stock sentiment. 2019 revenue ₪13B, loss ₪1B. 2020 Q1 report: mayafiles.tase.co.il Cash balance: ₪2B Company is not profitable, low gross profit, high...
Real Estate Company Income (74% from Tel Aviv region): • 53% office space, ₪391M 2019 rental • 21% commerce (malls and shopping centres mostly), ₪148M 2019 rental Rental occupation (2019) 96%, this will probably plunge during 2020. 2020 income may drop to ~₪300M due to lockdown and companies moving to work from home, AMOT has debt payments of ₪666M for 2020.