Hello traders,
I hope you are doing great!
I know it's been a long time since the previous trade idea here in Trading view but a lot is going on with "The Greek Traders" community along with the V.I.P trading mentorship programme.
We can see a trade we have also shared on the V.I.P group since the previous week.
We are reffering to the "Volkswagen" stock trade of...
My trading idea for #Volkswagen #VW - LONG
Entry: 122.80 EUR
Target: 197.00 EUR (profit +58%)
- So far, there are few affordable small electric cars on the market. Volkswagen wants to change that and presents the ID.2all for less than 25,000 EUR. According to VW, the fully electric compact car will have a range of up to 450 km and will be launched on the market...
Pair Trade:
#VW (Vz) LONG
#Porsche SHORT
VW and PORSCHE have a correlation of 84%. Reason enough to try out a pair trade. Currently the values have drifted apart by approx. 7%!
Porsche is currently performing better (relatively), which means a SHORT signal. VW, on the other hand, is lagging somewhat behind!
Volkswagen - 30d expiry- We look to Buy a break of 134.02 (stop at 127.96)
We are trading at oversold extremes.
This stock has seen good sales growth.
Posted a Double Bottom formation.
A break of the recent high at 133.46 should result in a further move higher.
The bias is to break to the upside.
Our profit targets will be 149.48 and 157.48
Resistance:...
Germany's largest carmaker and DAX40 group Volkswagen did not perform well on the stock market in recent months and the share price went south. Since the beginning of the Ukraine war, the price lost slightly over 50% or 126€.
On the overarching chart picture, however, this sell-off is only part of an overarching correction according to my assessment. The market...
Volkswagen - Short Term - We look to Sell at 145.76 (stop at 152.42)
The medium term bias remains bearish. Broken out of the channel formation to the downside. We have a Gap open at 145.76 from 19/08/2022 to 22/08/2022. Preferred trade is to sell into rallies.
Our profit targets will be 120.52 and 115.00
Resistance: 145.76 / 151.50 / 160.86
Support: ...
VAG shows potential for doubling its share value in the next year due to EV sales.
Fundamentals:
VAG outplaced TSLA in Europe by sales of EVs in 2022 and has strong momentum which is backed by models ID.4 and ID.3 will continue.
eu-evs.com
Technicals:
- potential ending C (from ABC) -wave on weekly
- with the potential to end at the top of the channel on...
My trading idea for Volkswagen - Buy / LONG
Target: EUR 143.00 (+8% gain)
VW has sold more electric vehicles worldwide than in the first quarter of the year. This is a positive business development despite supply bottlenecks.
It is becoming apparent that many automotive suppliers have reached a low point in their business development. Nevertheless, the car...
Volkswagen is testing a major resistance level.
Bullish scenario: breakout of the resistance will generate new buys and end of the downtrend.
Bearish scenario: if the breakout is not successful, the downtrend will continue into the channel with a retest of the support level located at 160
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of...
Volkswagen's EVs Are Taking Off in China, May Soon Surpass NIO's Market Share
On October 22, SAIC Volkswagen ID.3 was launched in the country at CNY 159,888 to CNY 173,888 per vehicle.
Volkswagen China achieved a milestone of 10,000 EV sales in September 2021.
We dissect Volkswagen's EV sales through three perspectives: product, production and marketing.
A...
A few days ago Porsche Holding presented their earnings and today we will find out if this company is a good buying opportunity, or not.
Buying points:
-close to a break out above the triangle
Indicators:
-> strong support in the 88.96 area (->fib 0.618)
-> hit the SMA 100 several time
-> relativ % divergence between VW shares which indicates a gap upwards...
Volkswagen had a great ascent in the past few months. Went through a corrective phase, now ready to resume the uptrend again after breaking out on the upside from the triangle. Time to go Long.
No there is nothign wrong with this stock its a typical bio downtrend. I think this is due for a massssssssive move.
I actually rarely pay much attention to indicators regardless how many I have / most the time zoomed in double clicked in just using volume etc. However, to find end of long term downtrends they can be extremely useful on these.
Bollinger Bands...
