This level sits inside the Weekly Demand which was responsible for the ending of the Weekly upward momentum.
Our probability indicator has observed Long Term BOS (Break-of-Structure) on Daily TF. Essentially what that means is that we closing in on bearish cycle for XETR:CON and new bullish leg is forming for longterm continuation of new bullish cycle. We expect further bearish correction to 68.30 - 64.80 zone ( Current Inverse H&S pattern support zone ) where...
Hi viewers, 1CON price break first zone, in last periods bullish market we are have, curentlly here new bullish period expecting TP1: 76 TP2: 80 TP3: 84
This tire producer looks juicy. Seems like it is building an inverted head and shoulder pattern. This is generally a end of trend pattern. And looks like we build a wide double bottom with the lows in Mach 2020 and September 2022. It' worth a buy in my humble opinion. I see a potential target at €115.
1. Breakout resistance zone with gap on earnings day. 2. Confirmation of resistance turning into support. 3. Fly to next support zone. * 𝗧𝗵𝗲 𝗶𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝘀𝗵𝗮𝗿𝗲𝗱 𝗶𝗻 𝘁𝗵𝗶𝘀 𝗽𝗼𝘀𝘁 𝗶𝘀 𝗻𝗼𝘁 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗮𝗱𝘃𝗶𝗰𝗲. 𝗔𝗹𝘄𝗮𝘆𝘀 𝗰𝗼𝗻𝗱𝘂𝗰𝘁 𝘆𝗼𝘂𝗿 𝗼𝘄𝗻 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗮𝗻𝗱 𝗿𝗲𝘀𝗲𝗮𝗿𝗰𝗵.
Targets are determined according to Fibonacci.Watch out for wedge resistance on the weekly timeframe
I believe that continental is working on a 1-2 on the 4h and also on the 1h. I will go heavily long very soon.
Swing trading idea after a breakout. If you have any questions, let me know!
The euro tire maker shares looking reasonable & trading within a logical realm of sanity. I'm long Europe & quickly piling into India as they work through a really shitty couple months here...
CON - It is about to finish the 5th wave of C within ABC zigzag cycle up (or it may be 3rd wave of impulse cycle). One minor up cycle will probably end the cycle and thereafter correction down expected, which will reveal the next higher time frame cycle. Give thumbs up if you really like the trade idea/analysis.
Hello People, Continental is located in a correction. Wave a ist finished at the 38 Fibo. Wave b is traded May the force be with you.
Conti is a company that has 2 factories in my hometown. They are giving a lot of jobs to many people. I market down the areas where I might add LONG to this trade. They will surely get a bailout if they get in trouble because of the number of jobs they give and the number of suppliers they work with. Plus they have a really good quality product. ( Tires...
Hi, Continental Aktiengesellschaft (CON) develops products, systems, and services for customers in various industries worldwide. The company operates through Chassis & Safety, Powertrain, Interior, Tires, and ContiTech segments. The undervalued stock price will indicate an increase from $90-$100: 1) Old clean resistance levels start to act as a support...
Hi Guys, i think the chances for a longterm bullish setup here are quiet good. Bounced of longterm Fib-Retracement 61.8. Broken bearish trendlines, retesting them. Possible 5th Elliot-Wave completed. Possible H&S forming. Longterm Mid-Trend-Channel-Resistance hit several times. Good Luck
Repeating Eliot in continental stock. Bulls are coming long. Eliot in red color, copy and paste.
As of now continental is going 153ish. If it finds enough power it could go as high as 162 in this run.