Engie - 30d expiry - We look to Buy a break of 12.42 (stop at 12.04) Daily signals are mildly bullish. A break of resistance at 12.40 should lead to a more aggressive move higher towards 13.00. Trading has been mixed and volatile. Expect trading to remain mixed and volatile. Levels close to the 50% pullback level of 11.34 found buyers. Our profit targets...
Coinbase - 30d expiry - We look to Sell at 73.48 (stop at 78.66) The primary trend remains bearish. Price action continued to range between key support & resistance (60 - 74) although we expect a break of this range soon. The bias is to break to the downside. We look for a temporary move higher. 73.78 has been pivotal. Preferred trade is to sell into...
ABN Amro Bank - 30d expiry - We look to Buy a break of 9.63 (stop at 9.29) Prices have reacted from 8.69. Posted a Double Bottom formation. Short term momentum is bullish. There is no clear indication that the upward move is coming to an end. A break of the recent high at 9.62 should result in a further move higher. Our profit targets will be 10.44 and...
EasyJet - 30D expiry - We look to Buy a break of 311.1 (stop at 288.8) We are trading at oversold extremes. The trend of lower highs is located at 370. The previous swing high is located at 375. We look for a temporary move higher. There was little net movement as we continue to consolidate within the 280 - 310 range. Although the bears are in control, the...
Airbus - Intraday - We look to Buy at 91.05 (stop at 87.57) 89.00 has been pivotal. Bespoke support is located at 91.00. A bullish reverse Head and Shoulders is forming. We look to buy dips. Prices have reacted from 87.00. Our profit targets will be 99.77 and 103.77 Resistance: 95.00 / 98.00 / 100.00 Support: 91.00 / 89.00 / 86.50 Disclaimer – Saxo Bank...
Sanofi - Intraday - We look to Buy a break of 83.71 (stop at 79.98) We are trading at oversold extremes. Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher. 83.58 has been pivotal. A break of 83.60 is needed to confirm...
ST Micro Electrics - 30d expiry - We look to Sell at 38.14 (stop at 39.33) Resistance could prove difficult to breakdown. Bespoke resistance is located at 38.00. 38.44 has been pivotal. 39.21 has been pivotal. Levels close to the 61.8% pullback level of 38.91 found sellers. Our profit targets will be 35.14 and 34.14 Resistance: 35.00 / 36.00 /...
Alstom - 30d expiry - We look to Buy a break of 22.51 (stop at 21.29) There is no clear indication that the upward move is coming to an end. 22.42 has been pivotal. The previous swing high is located at 22.37. A break of resistance at 22.40 should lead to a more aggressive move higher towards 24.80. Our outlook is bullish. Prices have reacted from 16.04....
SAUDIAN STOCK 4300 The price retest on the trendline with same time in resistance and fibonacci level 61%. I expect start to rise the price to next resistance. For more details contact me. don´t forget like and support.I will be gratful👨💻.
Bitcoin has been trapped in a range between the $18,500 and 25k , lets see what is the most likely scenario.
Tesla - 30d expiry - We look to Buy a break of 238.11 (stop at 221.98) Weekly bullish divergence is expected to support prices. A break of the recent high at 237.40 should result in a further move higher. Trading has been mixed and volatile. The primary trend remains bullish. Our profit targets will be 279.29 and 289.29 Resistance: 238 / 255 /...
This is just a thought here - although this appears to be a never-ending downtrend, I wonder if this on-balance volume divergence signals something. This shows that buyers are willing to step in here a bit more aggressively than the previous "bottom," as shown by higher OBV despite lower prices - even though OBV has declined overall since its peak. We're also...
As I've finally started working full time again, I'm trying to develop an investing strategy that works for me moving forward. Because I've been fairly good with my own trades and finances over the last several years I decided to continue managing my own portfolio for now. Currently, here is my strategy for investing in companies. It's really just a 3-step...
BNP Paribas - 30d expiry - We look to Sell at 50.58 (stop at 52.36) The previous swing high is located at 51.04. 50.76 has been pivotal. The medium term bias is neutral. Bearish divergence is expected to cap gains. Offers ample risk/reward to sell at the market. Our profit targets will be 45.85 and 44.85 Resistance: 51.04 / 52.00 / 54.75 Support: 49.00 /...
Godfrey Phillips Looking Very Good On Chart Its Cosnsolidate Period Is More Than 2015-2022 Now Looking Very Nice To Break Uper Level. If Break And Retaste Then Enter And Captured Verry Good Movement. #THECHARTREADER
Hello ladies and gentlemen, according to my chart analysis of the CHINA STOCK 002594. Elliote wave compeleted And wave A correction completed too. Not only that but we have retest on the 62% fibonacci. There is a high probability of an rise in the next few weeks. For more details contact me.
I know absolutely nothing about this stock but how I would play this chart is the following... 1) I would have a $1000 account and buy as much stock as I can at $1.20 and hold till stock is bankrupt with a TP of +40%. Every time price comes back down into $1.20 area I would buy and play my TP + 40%. Once I've doubled my account, I would pull my initial $1000...
This is very subjective, and I am not good with these analyses... It seems like a Rising Wedge in an uptrend has established (though some might see a Cup and Handle). Also there is a strong bearish pinbar candle, that has shown the sellers are winning. The momentum is looking weak and we could very well expect a reversal from here. I would only short though if...