On the Philips chart (PHIA - 4h timeframe), We can see the price is currently oversold. The price is approaching a support area and is probably going to bounce off. Enter and leave the trade at the level defined on the chart.
The three indicators used are Bollinger Bands, RSI, and Stochastics. All these three indicators are confirming the oversold...
Philips is not a weak company that can go bankrupt very easily. It had a massive drop over the past year and forming a double bottom. The correction has been massive and now looks like a good entry for a long-term hold position. It might go more down but then a good investor averages down :)
You see both bullish and semi-bearish cases in the chart :)
Hello Dear Traders, i Think we have 2 possibility In the near future:
something will happen Like Financial recession of 2008 and the all worlds' stocks and shares will fall or they should Rise and go Up A.S.A.P because it's not normal to stay for a long time in Lower Line of Up Trend Cuz it can Break it so Strongly and there will be a Mega Bearish Trend.
Big investors seem interested in Philips, and that’s been happening for a while now.
For various legal vicissitudes the Stock has had to suffer a pressure from part of some types of investor and for last the collapse happened some days before.
However, the trend towards short-term reductions by institutional investors and professional investors has not been...
Philips has reached it's (nearly) lowest levels for the last 3-5 years,
The reason seems to be a recall of equipment of a value of about 4bl$.
In general the company is quite healthy, no debts, positive cashflow, not very impressive, but still good PE and EPS ratios.
They have concrete development plans and solid background for upcoming profits.
The stock price...
Price target: €100 / €115
Philips second-quarter earnings beat forecast as pandemic fuels demand
Philips delivers Q2 sales of EUR 4.2 billion, with 9% comparable sales growth; net income amounts to EUR 153 million and Adjusted EBITA margin improves 280 basis points to 12.6%; company announces EUR 1.5 billion share buyback program
Alright my loyalest of followers, gather round for another prophecy.
Today a Philips Razor was ordered. Soon it wil be within my grasp. Thus, a sharp look shall be foretold. Such will inspire many a man in the coming times. As the tale of my newest of beards spreads, more men will reach for a Philips device to attain a similar legendary status. All will fail to...
I have alot of lightbulbs in my appartment that are ready for replacement. Will this short play out and will I get my discount?
- Not the most perfect bear div on the daily, but it looks convincing enough to me to say that momentum has died.
- PIHA price closed below 4h uptrend line, will the hidden bull div play out? I don't think so personally.
- I also want to...
With general market weakness (or exhaustion, if you like) we are focussing on new short-entries for the near term (1-3 months).
PHIA ( EURONEXT:PHIA ) has shown a recent breakout failure followed by the setting of a new lower peak. We expect prices to take out the trigger at
31.25. The first target comes in at 29.55 and we suggest keeping stops tight at 32.15....
The share price moves between a small range of levels. Nevertheless the indicators suggesting a new rebound of the bulls to at least 35 and maybe 37 euros within a few days or weeks. On Friday 21th July Philips Lighting presents its 2nd quarter earnings and this can lead to a new direction in the long term trend. Although the trend is your friend, we can see that...
- There should be some energy left for at least another wave up (volume, resistance / support)
- It will face some difficulties with breaking the all-time high, so some consolidation after it has touched would seem appropriate. I already bought at 31.5, looking to take most of the profit inside the yellow box.
- Stop loss is riding...
As Said in title only gap at this point can make this market move to dogs.
Rules to short:
Short when market breaches the red horizontal line
Reasons To Short:
Standing on the volume any gap can make this market to go bump
Divergence will be eliminated after gap so there will be nothing left to hold this market
Market will follow trend if gap down