Euronext has activated a double bottom pattern that may lead the price to 98.15€ that is +6.12% from current price. Price above 109.60€ may activate a second impulse structure with a target price at 143€.
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...
Euronext Total WaveTrend bearish
Euronext Arkema crossing swing high resistance
Euronext Arkema crossing swing high resistance
Update: Start depression - AEX Euronext forecast (Elliott Wave)
Start depression - AEX Euronext forecast (Elliott Wave)
If we look at the overal Global Market, not a lot has changed due to uncertainty about the CoronaVirus. Now, 2 months later, the second wave is starting to kick in at Europe and this may be again the trigger for the long time correction that is lying ahead of us. Trade with care and Trade Safe!
Amro Bank - Euro-next Amsterdam , has a good opportunity if it cross above 8.45. Let's see! :)
Thank you for you likes and shares! Much Appreciated! _______________________________________________________________ DSY DASSAULT SYSTEMES price have been bouncing several times on the pink decision zone. It is probably the best level for entry/exit in this market. The blue uptrend line have experienced a strong pullback on it marking an amazing triangle with...
01/04/2020 #AEX shall close cap before it will continuing!
First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis and not meant to be taken seriously. That being said, let me get into my opinion. FR40 which is a French stock index for the Euronext Paris, have been hit pretty significantly as a result of Covid19 after being on a bullish recovery for almost a...
Here is my analysis of the Pharnext action; volumes stert to inflate, an increase is very likely with the figure of cup with handle. The cup with handle patern would give us from 3,700 to 6,000 with a stop at 3,150 which would invalidate this figure. I see a second increase in the long term with the recovery of the gap that we can see on the left we would go in...
We wait for the price to reach for the around 27.00. Then we can prepare for the BUY. It's to late to get ride in the bearishness. Don't chase the price, We wait for the price to come to US. Then we can take the next turn-over and ride with the trend "Bullish". Watch the news coming for the ALO may be GOOD. For the price to climb ASAP this #coronavirus has to...
Comme d'habitude une petite idée pour suivre ce qui se passe :)