Pair : Germany 40 Index Description : Completed " 1234 " Impulsive Waves Break of Structure RSI - Divergence Exp FIAT as an Corrective Pattern in Short Time Frame
Macro Monday 38 - Please review the full report shared prior to this. This is only the German chart in Isolation. GERMAN ZEW INDEX The German ZEW Index data is not derived from all the countries in Europe, it is derived from the views of collection of 350 economists and analysts that operate from and represent the German economy. As Germany is the largest...
Macro Monday 38 The Euro Area ZEW Economic Sentiment Index & The German ZEW Economic Sentiment Index (Released this Tuesday 19th Mar 2024) ZEW is the German acronym for the Zentrum für Europäische Wirtschaftsforschung, which translates to the Centre for European Economic Research. There are two releases from the Centre for European Economic research we...
Pair : Germany 40 Index Description : Rising Wedge as an Corrective Pattern in Long Time Frame and Breakout of Lower Trend Line Break of Structure RSI - Divergence Lower Lows - Lower Highs Bullish Channel in Short Time Frame
Last year in September, we analyzed Porsche's stock following its 2022 initial public offering. At the time, we noted Porsche's shares had great prospects in the long term and viewed a potential pullback in price as a great opportunity to buy this stock at relatively reasonable prices (judging by Porsche’s performance during its short life span on the exchange)....
At Volkswagen, we're now placing a limit order for Wave (ii), as we've once again failed to master and reclaim the trend channel. Consequently, we've fallen below it again. However, we believe we're dealing with Wave (ii) and anticipate a significant push upwards after a bit more selling pressure. This situation has a somewhat sour aspect, as it's possible we're...
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Since our short scenario for the DAX was invalidated, we had to reanalyze and concluded that we are dealing with a very long and extremely bullish scenario, as it's the only other option we have left for the DAX. We assume that, on the weekly chart, we will reach a minimum level of 22,000€. This scenario is supported by a trend channel that we have now broken and...
Pair : Germany 30 Description : Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line Higher Highs - Higher Lows Break of Structure RSI - Divergence
Starting our analysis for the Deutsche Bank chart at the Corona low of $4.45, we have since seen an uptrend developing with a Wave (1) and already a Wave (2), placing us in the overarching Wave (3). Within this Wave (3), we're looking for potential entry points. We've also developed Waves 1 and 2 and are currently, as seen on the 4-hour chart. We want to enter at...
In a groundbreaking development for the global cannabis industry, Germany's decision to legalize cannabis marks a significant turning point, paving the way for increased access and growth opportunities. Canopy Growth Corporation (Nasdaq: NASDAQ:CGC ), a leading player in the cannabis sector, stands poised to capitalize on this historic moment, positioning itself...
The #EU is Marxist, Socialist, and is involved in Price setting That didn't work out too well for USSR as economic powerhouse and so too we see the once great German economy being brought to it's knees. It is being de-industralized and being brought down in a great economic levelling of the union Such a shame Bayer Pharmaceutical is arguably a company we...
DAX has seen some deep pullback in 2023, but it was A-B-C drop into the important 14400-14600 area. We can see nice and clean impulsive recovery from that support area and back to new highs, so bullish trend is back and it's very strong one; a move that can resume even higher after recent consolidation. Ideally that's wave 4 that can be now completed with current...
Porsche (PAH3): XETR:PAH3 Our analysis of Porsche Automobil Holding focuses on the stock's price movement since the lows during the COVID-19 crisis at 28.48 EUR. Since then, Wave (1) in blue has expanded to 102 EUR, currently serving as a local high. Subsequently, a remarkably unusual and complex Wave (2) has been observed, which appears atypical at first...
Hello friends, On the 4-hour chart of the CAPITALCOM:DE40 pair, my first target is 16,346, and the second target is 16,143. Best regards, You can express your appreciation by clicking the like button and the follow button for the analyses we have meticulously prepared for you; we've invested time and effort on your behalf. Feel free to share your thoughts...
DAX has nice and clean impulsive personality away from the lows in the 4-hour chart which indicates for more gains, but we should be aware of some slow down after a five-wave movement, which can approach the temporary 16530-16600 resistance area from where we may see some pullback.
European equity markets, especially the German DAX, are poised with a bullish sentiment despite concerns about a potential economic slowdown in 2024. Analysts surveyed anticipate a moderate increase in European benchmarks, projecting a 4.1% rise for the pan-European STOXX 600 index and a 2.5% increase for the Euro STOXX 50 index by the end of next year. Amid...
DAX is forming a large Diagonal. 3rd wave, ABC formation, wave C seems started after expanding triangle, wave B, completed by the last wave Ⓔ truncated.