After the cut of the 2024 prognosis the share price drop significantly. The pattern has all characteristics of a BnR and the 20th October candle is almost an hammer. We see a drop equal to two times the width of the lead in channel. The important low of 2022 was broken within day but not on a daily basis. So we may see either a quick V-shape rebound (black) or no...
After the correct analysis of the chart in the previous post that mentioned the rise of the index. We are now witnessing a correction in the chart and my prediction is that we will witness further declines. Follow for notifying more Analysis. Boost, Comment for signal, and more.
After the price slump following the last quarterly earnings hornbach consolidates. Given the daily chart this slumps was the 5 of a potential bullish wolfe wave now ready to break out.
The news with respect to the turbine issue induces a sharp price slump. In the chart we have all characteristics of an BnR pattern with a downmove of one channel . Recently, also the price has reached and taken the minimum Fibo Retracement which is a necessary condition for a local bottom
If the range of 15150 units is broken and the price stabilizes below it, the price may fall to the range of 15050 units, and in case of strength, the range of 14950 units Otherwise, the possibility of price increase up to the range of 15,350 units
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The German DAX40 stock index has experienced a recent downward trend, falling below its 200-day moving average and a critical support level at 15,500. This reversal followed a multi-year high above 16,500, where the 50-day moving average became a resistance level, intensifying the sell-off. A classic Fibonacci pattern suggests a corrective pullback targeting the...
BUY XETR:BMW Tp : 112.50 sl : 89.00 if you have any questions do not hesitate to contact me.
✅DAX will soon retest a key resistance level of 15,539 So I think that the index will make a pullback And go down to retest the demand level below at 15,360 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
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The Porsche Holding share price is approaching the 78.60% retracement of the magenta target zone between €56.44 and €36.61. Here, we expect the low of the magenta wave 2, which has been dragging on since 2021. With the low formed, a reversal should then take place, and the price should rise well above the resistance at 60.18€.
Covestro has just been added as a 12.5% position to our model portfolio. Some comments: 1. 7/8 qualifiers of Minervini's trend template are met and the stock is in a confirmed phase 2 uptrend. 2. Stochastic RSI are indicating an entry coming our of an oversold position. 3. This is a pullback entry following a healthy pullback over the last 2 weeks under low...
It is a little bit difficult to describe what I see. 2 different VWAPs(a rising and a having turned downward) indicate a bottom and on Friday we have re-entered a 3rd VWAP which is following the downtrend since 15th September. In my opinion this says that we shall test the upper lines of the price band. I know that this seems to be a bit strange but due to my...
Here I will document my trades to keep track of them and ask you to comment. The trades are based on a spreadsheet that combines common trading approaches. In the next posts I will explain them in detail. At the moment I have a combined result of -0.35. That triggers a signal short. Signal -0.35 DAX Short
Here I will document my trades to keep track of them and ask you to comment. The trades are based on a spreadsheet that combines common trading approaches. In the next posts I will explain them in detail. At the moment I have a combined result of +0.29. That triggers a signal long. Signal +0.29 DAX Long
From the Whykhoffian view Target range is 45-50 EUR and from Elliot View nest Stop should be 25 Region. Good luck in Trading
From the Wykhoff View this could be a once in a lifetime Chance. Accumulate as much as you can. Target above 100 !!!