GNW short positionOn the chart we can see a rising channel pattern. We expected that the price reach the upsloping resistance line and will come back to break down the lower support. Our strategy is entering short once the breakdown occurs. Target is shown on the chart.Shortby vf_investment111
GNW on its path to a new highIt could be that GNW recovers quickly after the drop. If so, a new high should be expected. The company beats the EPS since 2021, every quarter. It could signal a decent business turnaround.Longby alpha62539Updated 2
Up then back down but longterm potential?Is this stock underalued or being propped up by nothing... idk, webull gives out so many free gnw shares and they just said they were gonna do a 360 million stock reybuyback MAYBE so I doubt it will happen. Just dont make sense if your in debt and alll However this is my short term forecast. Rough draft. New posting here on trading view Longby Its_Me_BlakeUpdated 0
GNWNYSE:GNW The longer the resting period, the greater the move and there looks to be a double bottom if this breaks the upside resistance. Sloppy charting on this, however, valid thinking. I don't care to draw diagonal lines, channels and horizontal levels are better IMO. by Candle_Vandal881
GNW - THE MOST UNDERVALUED COMPANY IN THE MARKET? MIND BOGGLING All, Lets get down to the financials on this one. Outside the fact this is absolutely going to break here with this bullish ascending tri. I mean take a look at P/B at 0.14... Price to Free Cash Flow ... 2?!?! I mean forward P/E is 4.98? THEY HAVE 1BILL REV AND NET MARGINS LOL @$4. SOME COMAPNIES WITH WORSE FINANCIALS THEN THIS TRADE AT $15-$55 ON HIGH END. Summaries -EPS has not only grown over 5 years but even gotten better exponentially now. -Price to free cash flow is essentially what Buffett looks for I mean holy hell not to mention P/B puts this as 1/10th undervalued (even though PB is an older valuation usage still) Highlights -P/S 0.25 -P/B 0.14 -P/FCF 2.06 -EPS past 5Y 40.10% -EPS Q/Q 651.30% These financials are real.. and disturbing this somehow is trading at $4 Negatives (about one) -Float 500M (hard to move but does have options) Positives Market Cap 2.13B Income 1.02B Sales 8.36B Book/sh 29.91 Cash/sh 4.47 P/E 2.19 Forward P/E 4.98 PEG 0.44 P/S 0.25 P/B 0.14 P/C 0.96 P/FCF 2.06 EPS EPS next 5Y 5.00% EPS past 5Y 40.10% Sales past 5Y 0.20% Sales Q/Q 1.90% EPS Q/Q 651.30% Longby DigitalData3
GNW Beautiful Triangle!Hello Community! When looking at GNW we can see it clearly trading in a triangle on the weekly TF. We need to pay close attention to this pattern and watch to see how it reacts to the trendlines shown. Overall, this is usually a bearish setup but anything can happen in the trading world. Based on the technical indicators, it's looking bearish for the next week or two. The MACD is beginning to tick towards the red and the RSI is forming a lower high. I can see a retest of the lower trendline in the near future, which would be a great place to start a long with a tight stop-loss. If entering a trade don't forget to use a stop-loss. Don't trade with what you're not willing to lose. Love it or hate it, hit that thumbs up and comment. It'll be greatly appreciated! This is not financial advice. Safe Trading. Calculate Your Risk/Reward & Collect! Simplicity Wins (:by rnaofs114
GNW Rejection!Hello Community! Before we begin please support my idea with a thumbs up and comment. It'll be greatly appreciated and will motivate me to post a little more! This is a quick analysis. GNW keeps getting rejected on the daily timeframe, the RSI is overbought & THE MACD is heading towards the red. Until it breaks that diagonal resistance line drawn it will remain bearish (Short term). This is not financial advice. Safe Trading Calculate Your Risk/Reward & Collect! Simplicity WinsShortby rnaofs111
Potential for over +700% return ?! $GNW (Genworth Financial) is a stock that I purchased recently at $3.51 per share Company has formed a flat base in the stock price in recent years but i feel its massively undervalued The book value per share is up at $30 and we have the following data: Free cash flow = 1.96 billion Total cash = 3.31 billion Total debt = 3.64 billion So debts are perfectly manageable with the cash they have and the nice positive cash flow coming in on top of that. the net asset value of the business is nearly 10x higher so this company looks massively undervalued to me. If we are able to reach the $30 per share target that would be a return of over 700%Longby BenSparham114
GNW will do a head and shoulders breakout into ABC correctionRight now, we are in a pennant consolidation, and I expect the stock to break out with good stimulus news. This will occur in a standard 12345 elliott impulse wave, and then we will have a huge ABC correction because GNW's real fair value is around $0.69. Thus, we have our ABC correction, in which the C wave subdivides into an elliott 5 move impulse wave.Longby frsqy331
Genworth FinancialI was given this as a "free stock" so this is me keeping an eye on this asset. Feel free to join me if you like!by ChrisJTradesFX6
$GNW entry soonentry here is possible, hold for 3.05 or 2.85; scalping at 3.18, 3.43 or 3.62 all viable into mid April convergenceby dilille0100
GNW Breakout Stock AlertBREAKOUT STOCK ALERT $GNW - Genworth Financial Inc Common Stock Initial Alert Price: $3.45 Potential Price: $4.84 Potential Gains: 40.29 Stop Loss Limit: $ Looking GNW to retest the $4.76 Levels of Resistance after the company did not complete the steps required to meet the set end date for a merger with Oceanwide, although the two companies currently remain committed to still completing the merger. If the two companies are able to complete the final steps for the merger, we could actually see the stock bounce to the upside due to a total Market Cap of around $15-$16B. If the stock is able to retest those $4.84 Price Levels, we could see a 40% Gain on the trade and the next levels of Resistance would be $9.19 if the stock can find strong support above the $5.27. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #TodayLongby MyMIWallet6
Long $GNWWith a potential Buyout in the works, this weekly chart really points to a pop to the potential buyout price around $5.50. A break above the channel can bring some significant upside. Positions include: $5.5 Call 1/15/2021, $6 Call 3/21/2021Longby nwhiteokc110
GNW - Cup and Handle - Part 2Continuation of swing idea: Once this clears the 5.25 resistance I expect a minimum price target of 7.60 but 8.62 would be the 1.618 fib extension from the cup low. These targets line up with previous accepted trading range from 11/2014-07/2015 Gaps to fill above at 6.92 and longer term 11.95Longby TheHappyCrab0
GNW - Finishing Cup - Handle ComingLong, but not until Early Jan 2021 - Read Notes Swing Trade Idea I-H/S Expected Cup and Handle. Finishing Cup now on wave (3). --- Expected rejection from 4.81 to begin formation of handle. (Could short for wave 4 if you wish) Anticipated L entry early Jan 2021 Only then, look at a long from 4.10 - 3.82 which should be the beginning of wave (5). 5.10 - R/R = 2 5.60 - R/R = 3 SL 3.60 This may spend some time in the 3.80 - 4.80 area while it builds out the handle. --- *** Once this clears 5.25 - look out! Low float. *** This one has been in accumulation for several years between 3.00 - 5.00 --- Look at GNW part 2 for longer term swing ideaLongby TheHappyCrab0
GNW Inverse Head and ShouldersIf it can break recent resistance there may be a long swing trade opportunity here. This didn't really sell off while the rest of the market was today.Longby RS_Trades221
GNW tested resistance zone, but couldn't break throughGNW tested the resistance zone between $3.67-$3.74, but it couldn't break through. I am therefore going to place a short trade, while my SL is at $3.75 and my first TP is at $3.00. If GNW breaks through the minor support level at $3.00, next level to reach for would be $2.49 and then $1.98.Shortby PraefectusUrbiUpdated 1
GNW in resistance zone / Possible short opportunityGNW is in a resistance zone right now which has been tested several times before. If we close below the lower resistance level today, it would be worth thinking about a short swing-trade.Shortby PraefectusUrbi0
Ready to bounce soon. Insurance company is the most money makingbuy with confidence. will see at least 3.5 soonLongby LetsBeMillionaire227
New York Regulator Reapproves Proposed Oceanwide Acquisition of GNW: Genworth Financial, Inc. 2020-03-24 07:00:00 New York Regulator Reapproves Proposed Oceanwide Acquisition of Genworth's New York-Domiciled Insurance CompanyLongby JetEquities2
ih&s neckline break, feb call buyers 3.5 stepped in, puts sold. puts sold, calls bought. risk reversal.Longby samsungalaxy2
Rectangle Top formationThis stock has formed a top rectangle with a preceding upward trend. If stocks breaks the top of the rectangle it should go up. PLEASE THIS IS NOT INVESTMENT ADVICE . TRADE AT YOUR OWN RISKLongby rafaeltradesUpdated 3