The Italian stock index recently concluded cycle wave 2 counter trend up and it is developing primary wave 1 down. The current upward movement is a counter trend that could be labeled intermediate wave 4 or primary wave 2. The log-term forecast is the same in either cases, after this counter trend up the index should go for a long-term downward path. FOLLOW...
The ECB cannot get a grip on it and the 10-year Italian government bond is quoted at 17.8% p.a. on 19 March 2019. Not only is Italy bankrupt, but also the portfolios of the government bond holders are disappearing into thin air, above all the ECB and pension funds and insurance companies. Not funny.
Doppio minimo evidente dopo una manipolazione, mi aspetto un'ulteriore induzione short prima del reale markup a rompere la barriera dei 137
Trend line rispettata in pieno, si punta sulle primissime resistenze. Se superate, tenere il titolo per altri giorni/mesi. Il titolo ha dei ottimi fondamentali.
Ferrari NYSE RACE H&S Pattern Technical Analysis
Breakout rialzista. Già spostato SL in profitto e lasciamo correre in attesa di occasioni per incrementare.
Breakout sui massimi e nuovo ingresso. Attendo il momento favorevole per spostare lo stop in profit e inserire nuove posizioni.
I see a completion of a triangle pattern in banca ifis chart.
GMMA crossover between 6.25-6.50 with strong momentum, with MACD in long position BUT RSI overbought way over 70 so opening a position would have been very risky... despite overbought price reached 6.79 before retracing so there was space for a gain but I thought there was too much risk for me buying with RSI at 74. A strategy could be waiting for a retracement...