The AEX index has been in the grip of a slow consolidation movement. Currently, price has been moving back towards the upper region and in combination with RSI divergence it seems the index is ready to break out. If so, that would mark the end of a wave 4 correction so that we can focus on the last move upwards which would end somewhere around 630 points. For now...
Today BAM is dropping through its three monthly lowest price. Taking this into account, we analyzed the technical analysis. The RSI3M3 indicator has fallen in its oversold region and now we are waiting for the buy signal . Given the downward trend, this could happen within 6 trading days. In addition, the ADT - DeMarker I & DT Bressert indicator must have...
I expected a low per 7 August based on my turndates pointing to 10/11 August and other short term techniques pointing to 7 August. However, we got a 3 August low and a higher low per 7 August to the 38,2% Fibonacci level at the opening of the AEX around 09:00 o'clock. I considered this possible which can be read in one of the comments from 5 August in my previous...
Update: Start depression - AEX Euronext forecast (Elliott Wave)
So far so good. :) Praise Yehovah! Shalom, Im
Start depression - AEX Euronext forecast (Elliott Wave)
Hi traders, The chart shows what I am thinking right now. I was not going to post anymore analyses because I felt they were not appreciated (just by looking at the likes and follows). However, I felt like I needed to share this just to see if I am onto something and not totally crazy. :) I knew this upmove was coming and I am expecting AEX 615 for some time now....
Hi Traders, Just as an example to show time and price in balance... 26 July (so that means 24 Friday or 27 Monday) was a turndate for me (a hard move expected). Also, the signals from my system (which I hid under the chart) show a BUY. Next to this, two TTheory time hits, point to a reversal (bottom) now. And my target of 557 was almost reached (Fibonacci...
My adage is: everything is relative, market is always right, buy low sell high. It took me awhile, but this is my preferred way of looking at market data. I'm only looking for relative high's and lows. The result is a strict 'whatif' using logical operators and looking only at price data and movement per interval. Cheers
Rising wedge + bearish divergence on the RSI
The question is, which way it's move next. Break down is more propably right now, but we neet to wait.
Hello all, Here another TA of me, this time on the stock Altice. Scenario 1 (Green arrows) Forming new Higher Highs and Lower Lows. The cirkels showing a new Higher High and new Higher Low. This is needed to reverse the trend and break out of the currently ranging trend. A new Higher High in the area of € 4,50 will confirm the up trend. Scenario 2 (Orange...
Adyen is currently in overpriced. This bubble is about to burst. The current P/E Ratio is 191.0 We think that a pullback in this giant run will be healthy. Price target: € 800 - € 850.
Hello all, Here another TA of me, this time on the stock PHARMING. Its a very interesting company, i would advice you to dive in the fundamentals for further information. I will just show the possibilities with TA. Before you choose to buy and hold a stock, always do your homework on the fundamentals. TA can help you by choosing a good moment and price to buy...
Hello all, Here another TA of me, this time on the stock RENEWI. Its a very interesting company, i would advice you to dive in the fundamentals for further information. I will just show the possibilities with TA. Everything you need to know, when it comes to TA, I've put in the chart. In sense of risk reward ratio, this stock might be a very good one to gain a...
Hi traders, This was the mid June spike low! My date was June 13 but I know it often comes a little earlier. Especially when the date falls in the weekend. ;) So this morning at 536,50 I played a long position and just banked at 547. in 2,5 hours time. That is why time is so important, it makes me understand the moves way better and gives a huge edge in...
Hi traders, This time I show you signals that came from my system (which I do not show in this chart). The blue ones are signals generated from the system (hard data) while the orange one is based on my own experience/feeling for the market. Not bad and as I have told you, a low will come in mid June. I did not expect the AEX to go this high in the beginning of...