Danone is evolving in an ascending canal delimited by resistance R and support S since years.
The price seems to rebound on the support S (point s). For end of year prince will probably increase to the resistance o t which is in triangle configuration with support S.
Our opinion is that price will increase to obj 1 (67€). Afterthat we will observe if a break of...
If accsys opens green tomorrow with a nice volume then I will certainly take a long position. Last Friday, the price closed for the first time since July 2014 above 1.14. If this outbreak is confirmed on Monday 11-05-18, then the next small resistance will be around 1.25. After that the 2 euros is certainly achievable. The volume has increased considerably during...
AEX is approaching our first resistance at 534.15 (horizontal overlap resistance, 61.8%, 100% Fibonacci extension , 50% Fibonacci retracement ) where a strong drop might occur below this level pushing price down to our major support at 512.94 (61.8% Fibonacci extension , 61.8% Fibonacci retracement ).
Stochastic (21,5,3) is also approaching resistance and we might...
Sanofi has developped a head (h) and shoulders (s1 and S2) pattern from 2013 to 2018. During 2018 a strong pullback has been observed to the resistance R. If the pattern is confirmed, price will begin to decrease in the coming weeks.
Objective 1: 68€ (the neckline)
Objective 2:50€
AEX is approaching our first resistance at 534.15 (horizontal overlap resistance, 61.8%, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 512.94 (61.8% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastic (21,5,3) is also approaching resistance and we might...
Buyers should come in as ADYEN drops down to ipo range. People who missed the run to 700 will be delighted to see the stock back in the high 400 - low 500 range.
AEX is approaching our first resistance at 516.29 (horizontal pullback resistance, 23.6% Fibonacci retracement , 61.8% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our first support at 492 (100% Fibonacci extension ).
RSI (34) and ichimoku cloud is also facing bearish pressure where we might see a corresponding drop...
