After a good impulse, a flag contracting pattern is being formed.
I am expecting this to trully rise, the reward on this type of shares is insane, as they are less than 1 unit, you can buy a lot of units and every cent it moves, gives you an insane reward.
There is two possibilities, buy in the E or buy the break out. I will personally probably buy the E as I am a...
IBEX35, the spanish stocks index, is ready to pop but first it has to correct to a huge support zone which was a resistance for approximately year and a half.
A potential Cypher pattern is pending to be completed highlighting the end of this correction, I will wait for pattern confrmation before I enter a long position.
If everything is correct, will place a...
I normally don´t watch local TV but fortunately saw the news last week while I was having a lunch. Spanish GDP is growing 3.2% since last year and I heard almost the same words that I heard in 2007: we are in front of Europe, the crisis is behind... and else, and else, and else...
Just wanted to have a look at Ibex35 index, to see whether I missed some wonder or...
A bullish rally is about to start on the spanish index. The famous ibex35 is in its way of a major wave III with a very clear continuing diagonal triangle at wave II.
Bullish positions till arount 9000-9150 and then get ready for the wave IV to come, probably on a sharp rally due to elliots wave alternation rule.
Maybe we there is a fair chance to be involved in...
Veo canal alcista hasta los 4,20 aprox. donde en caso alcista podrá tomar rumbo a los 4,35 o 4,45. Caso de descenso se podría ir a los 3,75 o 3,65.
Como mi usuario indica soy Novato y aprendiendo :P
Se agradecen comentarios.
HERE WE HAVE THE IBEX 35 INDEX IN A VERY SIMILAR WAY TO SANTANDER BANK. ALSO CHECK MY LAST ANALISIS ON SANTANDER FOR A GOOD TRADE OPPORTUNITY.
IF THE GOVERNEMENT IS FINALLY FORMED BY POLITICAL PARTIES PP + CIUDADANOS THE BIG INVESTORS WILL COME BACK TO SPAIN AND INVEST THEIR MONEY AGAIN, THAT WILL MAKE THE IBEX 35 INDEX GO UNTIL THE CLOUDS.
THE OTHER IMPORTANT...
$IBEX35 looking attractive for a big bounce after breaking downwards resistance that was holding back price since July 2015.
The first target would be 9200 and second target 10000.
Aggressive stop loss 8400, loose stop loss 8200.