This is a breakout out of the book! look how nicely it formed! we see a highest high to start from. And then it all goes according to what the textbook says: "Price will form higher lows and lower highs, until it all collapses and just breaks out." This is a pattern you should always keep in mind! It is sooo likely to happen, and more important, if you trade...
I belive that we have a good chance here, to take some quick profits. looks like the support held, and price goes back up. EMA 200 gives a long signal as well. Me personally, I will move SL to breakeven ASAP, since I am careful with these small stocks.
Anticyclical LongChance? If VW could break the shortterm downtrend a further buyingwave up to 150 respective 158 could be exspected. Trading below 35 would destroy the up-momentum. Here i exspect a sharp drop down to 123/116
As we see in the daily chart, price is forming a double top. That means, we take a ride down that mountain and go short. And it will be a loooong ride all the way to the bottom. Me personally, I like setups like this, we are in a channel, have a double top, and EMA 200 is about to break price. If you want to wait for a confirmation, I recommend use the EMA 200...
VW is exhausted and need some retracements. The bigger Picture is good - so lets see how far the retracement will come and if we could stop at support level for long positions. Short term short, longer term slidely long.
wether go in long now for further uptrend (risky!) Better wait till the pullback hits the support and come back for the profit!
Looking for a bull move into 160€+ This double bottom is looking promising and its worth a long position. I am buying a dip around 136/135€ around the 200 DMA with a stop below 130€ targeting 160€+. Blessings to you all.
pullback has finished by a good bullish candle ....buy
Der Aufwärtstrend in der Deutsche Post ist am Ende (erschöpft). Rücksetzer zum Unterstützungsbereich 29,50-30,50 EUR sind in den nächsten Wochen einzuplanen! We see an exhausted uptrend in DPWD. Target for the next weeks is next support level at 29.5-30.5 EUR.
Der Dax tut sich sehr schwer nach oben auszubrechen. Das Chartbild zeigt weiterhin deutliche Schwäche und spricht eher für eine weitere Abwärtsbewegung in Richtung Gap-Unterstützung um 12.280 Punkte und Gap-Close um 12.080 Punkte. Ein Stundenschluss über 12.560 Punkten würde das Chartbild etwas aufhellen. Dax shows further weakness which could result in a drop to...
Bought on Trendline support & 50MA bounce at 132.- Target at 151.-ish. Massive resistance at that level. Will sell have here and only hold the rest if a bullish pattern appears and price holds net that level. Good risk / reward trade.
Should find support here, just above my initial buy level from 49.90. Last weeks VOL shows that it is already decreasing, selling should stop here. Nice level to move up again to target at 67.50ish