Trend line ribassista sentita e rispettata. Titolo in calo dal 2017.
Last week saw the break of a bear flag. We are now resting on downtrend support. The chart looks heavy at this point. Italian banks have major exposure to Turkey. Also, Italy threatens to drag the EU under. The Italians are not as docile as the Greeks - they do not care for whatever rules Brussels attempts to impose on them. Thus, my next target for capital...
Long FTSE MIB @ 21,750.50; TP @ 22,185.50, SL your choice
LONG POSITION ENTRY POINT: 1° tranche <= 1,970 STOP LOSS <= 1,852 TAKE PROFIT: follow our updates and sign in www.tradingbusiness.it
Notes on chart. Waiting for weekly closes is best here....I don´t want to buy either, as a long sideways market over the summer is possible.
Try to go SHORT in area 1,255-1,260 EURO. Stop Loss > 1,274 euro (last >= 1,275 euro). Take Profit about 1,190 euro. From: www.tradingbusiness.it Please log-in into www.tradingbusiness.it
Update LONG idea about the ENI ITALIAN STOCK
WAIT PULLBACK AND GO SHORT MAX TARGET 16'000
Guys, my highest and smaller order in the highest risk entry point was filled. My trade is now with +1.47% of profit with leverage 1. This is my Chart that Explain the Price Action. I bough on the Distal Line of the Demand Level, considering the strong bearish momentum and new Low in the chart. Of course, the trade is still at risk. I bought in the highest entry...
210 415 - Reversal Curve Rates Italy - Sales of long-term - Shopping on short - Contagion Grexit - This has led to the tracing on FTSEMIB
The big bubble continues ... effect QE ECB , Euro devaluation and no Grexit bring the iTA index to the first target of 24600 and then..27/28.000 at the end of the year?!?!
Spread between the equity markets (S&P - Dax - MIB) - crude oil - eur usd who won with the excuse of the crisis ...!!
Bubble from QE on Italy Stock index Compensation loss index value The devaluation of the euro is offset by index 06062014 index 22500 eurusd 1:36 180316 index 22500 eurusd 1:05 theoretical value index change at 1.05 is 17500. The QE and the weakness EURUSD have created a bubble in the value of 5000 points.. is not now but in the end the bubbles burst...