According to the pullback, the resistance is broken and the pullback confirmation can be entered into a buy position with the target of the specified high level.
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According to my risk and capital management system, the risk of each trade is one percent per...
Just entered a short position in EURONEXT:PRX .
Entry @ 87,75
Stop @ 91,20 (-3,9%)
Target @ 75,20 (+14,3%)
There's long term divergence MACD (sell signal given) and RSI (sell signal given). DMI confirms with a DI - > DI + and ADX rising; confirming downtrend.
At the moment there's some gap filing going on, it's just waiting for the red rising support line to be...
Bull div on the MACD gives an indication we might see some upside potential in the coming days ahead. Trend has remained bullish. No reason to expect further downside.
Hi everyone,
Today I want to warn you that the AEX-index shows double top formation.
At first, AEX looked quite strong: breaking out of the rising wedge, but now it broke back into the wedge and formed a bearish formation.
Trade safe and take some profits I would say.
Dutch index has double top formation and it is just above the neckline. After breakout formation will be more reliable. Target price has been given on the chart. Good luck !
TomTom is struggling.
That is no secret.
The businessmodel of selling navigation-devices to the public is destroyed by Google Maps and by onboard navigation in new cars.
They tried wearables, but it did not work out so they abandoned it.
They work on automated driving software now, but that will not replace the cashcow for time to come.
Their most valuable...
I'm bearish AEX end of year.
Big boys have to take profit and square their positions end of year.
Today is option expiry day.
After today i expect AEX to decline.
This a follow up in this forecast:
First downside target met, but then AEX shot up and took out the high, so previous analysis is not valid anymore.
Wait and see priceaction beginning of next week before jumping conclusions.
