Adidas just broke an uptrend and finished 1-5 Elliot wave. We are waiting for an ABC correction, we should enter for a long position on the C, which should be ~80$ mark, since market created gap there which needs to be filled, also there is a 61.8% fib zone which indicates that market should reverse in that zone.
GER30 is creating a Bullish Flag on the 1D chart. This is signifying a long-term buying opportunity for the index. It is currently on the back end of the formation, the break and retest, so momentum and trading activity should be increasing behind the buyers very soon.
ADIDAS : Follow the uptrend. Look at my other analyzes, great profit :)
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I predict with the best probability the future trends, my ideas are reserved for the experienced trader. #UniversTrader
The curve for Adidas shares has been upwards since mid-May. At first, it seemed as if buyers were running out of Amo in the area of the € 220 mark, but in the past few days the share has regained momentum. In the meantime, investors have caused the price to rise to EUR 241.10. Until the pre-crisis level of 282.45 euros was reached, however, more than 17 percent is...
Sportswear manufacturer #ADIDAS dropped overall -47% after they had to close their local shops cause of Covid and got terrible expectations for Sales.
If we comparing the blue indicator (TEXTILES & APPARELS Index - TSE/TXA) in the chart we can see that we already reached the bottom of the crash (maybe). And the white indicator (Nike) give us a picture what stock...
Hi guys. As we can see the price is going up after touching the resistance line and the new target could possibly be 296.
If the stock beats this price (296) it will shoot up to 320 or more.
Besides it is quite above the moving average (60) so it indicates an upward trend.
Fibonacci retracements were also used showing that the price broke one of the...
Adidas is one of the top 10 stocks in my shortlist. I don't know why but the chart is crazy bullish. And im expecting a parabolic move to the upside in 2020
I don't have any setups yet but waiting for the levels to watch for call options
I'll be sharing ideas in a couple of days/weeeks
IF ONLY you would have used tha reverse ADIDAS pattern homie...
jk it wasn't a thing back then :)
Bitcoin has taken a huge hit in the last month but that's doesn't mean you can make money with it...maybe idk
We see a divergence between the OBV indicator with a downtrend since august. (short-time bear)
Heavy resistance will probably be tested soon around $90 . / check chart for more details