Nestle - The Breakdown, finally happened, I was waiting for this move from past many sessions. REfer the previous post (linked here ) for detailed analysis
If it fails to sustain 6596.15 then it'll head towards 16011.15
Nestle has been trading in a range since April 2020. In technical terms, this particular range formation is called descending triangle, this patterns generally forms in downtrend and acts as continuation pattern, but in this case the structure of the stock is of uptrend, this bearish pattern may act as reversal pattern, because it indicates distribution , so i...
hello friends, If short trigger than I mention target in charts Thanks
Nestle broke and closed below key 101.0 structure support. looking left we see that the next structure is lying much much lower. the stock has enormous potential for a further bearish continuation: The next key levels are 93.0 and 82.0 good luck!!
Meatless meat from vegetable laboratory proteins. That's what vegetarians are supposed to eat. I wouldn't buy the products, but the stock might go through the roof. Be carful - highly explosive
TECHNICAL ANALYSIS : ASCENDING TRIANGLE.
Currenlty we are in I - > J upward move. That will take Nestle share prices to the new price record - around May/June 2019. After that time, there will be a strong downward move J -> K and price will go down to ~75 per share. Subsequent moves will follow, I will continue on
Laburlah Technical Coverage (30-APR, Monday): NESTLE Technical Analysis Breakdown 1. Trend: Bearish 2. RSI & MACD: Bearish 3. Parabolic SAR: Bearish 4. Remarks: Broke down from MA50 5. Supporting zone: 121.36 - 128.01 Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant personnel and do your own analysis before...
I am long, bought yesterday. Expecting the 5th wave to be in the making. If 80 chf breaks lower i will close, then it will probably make some kind of more complex structure. There is a nice risk:reward in this position, plus i like the fundamental situation around Nestle. I had some good reads about it, also Goldman, UBS, Kepler, Citi all have targets above 90 chf...