On the monthly chart, Kering's outlook isn't looking great at all. Trading below ichimoku cloud and RSI below 50. There is a major bearish divergence spotted on RSI that isn't improving the outlook. Once EUR 400 - EUR 380 support is lost, expect some heavy selling towards EUR 240 - EUR 230 area. Could take weeks/months to unfold. This goes well with my fundamental...
Although it states long, I'm still somewhat neutral on this one. However, price has been tanking significant on some bumps on the road. They recent got a license to expand into the UK. Price has been trading short for a while now and locally it broke out of this downward channel. If the coming days or weeks price goes flat or even manage to take out some local...
In the ongoing trial that commenced on Tuesday, the Justice Department is presenting its case, contending that the Alphabet unit (NASDAQ:GOOGL) actively pursued agreements with mobile carriers to secure prominent default placements on smartphones, thereby establishing a dominant position in the realm of online search. This antitrust trial, touted as one of the...
As we can see on the monthly chart we are at most important support with the most buy order below us, I think it’s the time to buy some share for the long term.
LVMH in parabolic and overextended trend in MONTHLY. - TD9 overshoot. - RSI hardcore divergence - Exaggerated narrative in the medias ==> BUBBLE about to pop. Enjoy life, i'm back to business. Reminder : I'm not a financial advisor i'm doing it for my personal entertainment. Invest safely.
hedge grid strategy Trader1 buys 5 lots Trader2 sells 5 lots
Well, if we keep doing what we are doing it is going to be like this.
Strong resistence @ 36. target: 26 Breaking above the downtrend line could be bullish. I'm pretty bearish overal so it might not be sustainable until proven otherwise.
Hi guys, What if LVMH corrected all its excesses since 2017 ? It's simply an idea based on the fact that we could see a sharp fall in equities. It may never happen. That would take us to this black median line. Two major supports are shown in red NFA
The graph is forming a bullish triple bottom which may lead to a major outbreak through the resistance level of 53.88 euro. The next couple of days will be interesting to watch.
Perfectly bullish candle up from support. Back to 1ste resistance possibly higher.
Everybody is so depressed about China that it is time to look for the bottom... All big players have sold China, the state is starting to take some economic measures
I expect stock price to go down about 17% in the next This is not a pessimistic lecture, the new prices will give opportunities for new investors to enter the market.
ENGI has been trading in an upward channel (red lines). It hasn't been able to break the neck of W formation this time. Likely to go down a little further, max. up to the lower red trend line and break the W neck during next upward trend. Price target of 16 by end-2023.
Nice long opportunity on #ArcelorMittal based on historical trendline and current positive candlestick pattern.
Here's a quick macro view of the stock from Dutch insurer NN using Ichimoku cloud indicator. Indicated are the zones/levels of interest where we can be looking to invest long term. Note: this is my view and not financial advise.
The market could if he breaks the rectangle go back to the lower level market in redzone.