After posting a more than 14% drop in 2022 operating profit (1.74bn), missing market estimates of 1.84 bn, and even though its operating capital generation (OCG) jumped 8% to 1.71 billion euros last year mainly thanks to higher interest rates and a strong business performance of the Netherlands Life and Insurance Europe segments; the company is shaping the biggest...
CONTEXT :
Long term :
- Under historical linear regression line in M1
- Support line at 32 EUR
Short term :
- Under resistance zone of 51-52 EUR
ANALYSIS :
- IF BROKEN : Long and profit target at 63-64 EUR
- IF NOT : Buy limit at 32 EUR (long term support line)
Are we going to gain the last high here and make rotation, or are we ready to take suffering retailer COLRUYT some more. After gaining I am willing to pick a position on a Higher Low , ...
At the moment looks like we are rejecting, going to hold my attention on COLRUYT.
Following in weekly chart.
Reversal H & S targets are :
TP1 : 4.9
TP2 : 6.6
Actually it's broke out the resistance, but I believe it's going to close the gap in the shoulder. The more it drops, the more I'll buy till 3.65.
But you can wait for a clear breakout as well.
Following weekly chart
There is a clear cup & handle formation.
I mostly follow handle target, so
TP 25.17
SL 9.16 - I know it's too far away but technically this is what it is.
This chart could be a perfect example of why you should use caution when dealing with a volatile price chart. We’ve seen this with Bitcoin recently: The price goes up in a steady line, maybe in a parabolic fashion, before the trend weakens.
A slowing down of a trend is not necessarily bad. For example: the price went up almost 30% between the first and the last...
"Companies like LVMH have high quality businesses, they compound profits over long periods of time and deliver great returns for shareholders," said Mark Denham, head of European equities at French asset manager Carmignac.
"It is true that the ratings of these companies have risen so it becomes slightly more asymmetric, but over the long term earnings compounding...
Title: CAC 40 Futures ( FCE1! ), H4 Potential for Bullish continuation
Type: Bullish continuation
Resistance: 7381.5
Pivot: 6397.5
Support: 6797.5
Preferred case: Looking at the H4 chart, my overall bias for FCE1! is bullish due to the current price crossing above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price...
