marihuana-aktien
Short

Midterm View: HONDA with Bearish FLAG???

NYSE:HMC   HONDA MOTOR COMPANY LTD
107 2 30
Since 2010, a really loadable bottom @ 28$ established itself. Several times HONDA tested this "buying-Niveau" and was bought.
This Year, Honda dived through this Level and made a new low at 24.5$
After this break, Honda retested this former support Zone 2 times but could not overcome this level.
As Long Honda is trading below 28$-28,75$ this Level still remains as a Pivot resistance Level . With my technical view i see a clear bearish flag . The TP of this pattern could be 21,5-22,5$.
Prices above the old Support Zone (~28,5) will generate a Long Setup with taget @ the midterm downtrend`s uper edge @ 30,5-31$

In my Chart i have illustrated the mentioned short Position by virtue of the bearish flag .
Trade active
Comment: ideal....
Comment: "2" triggered, new shortsignal active as Longas HMC is trading < 24.5
Well done!
Reply
Great call! Well done!!
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out