I Expect a drop for the Italian FTSEMIB, the target is 22150 near the 15th of Febrary.
W1 - Double wave down, Price moving higher after reaching critical zone. Bullish divergence formed. D1 - Special cycle completed, we may expect the price to reach 50% retrace. H4 - False break on the bottom and also a false break on the top with convergence. Possible push to upside or at least in a corrective range. As long as the low at 102.11 holds, we can...
This is another idea Matty and our group waiting on. Just wanted to share also
Qualche settimana fa EMAK ha rotto al ribasso sotto 1,5€. Questo scivolone, però, si è rivelato un FALSO break down. La seguente ripresa sopra 1,5€ la interpreto come un nuovo segnale rialzista. Adesso sto sfruttando il PULL BACK in corso nelle ultime tre sedute: poco fa ho aperto una posizione a 1,62€ per un trading di breve periodo.
As mentioned in the previous chart of DAN before, the share price was about to hike to €23.50. We have not reached that price yet, however it seems the share price is in a hurry to see that price. No LONG trading strategies are advised at this point as ratio risk-reward is negative. Besides, Danieli is value at €32.5 from a value point of view.
We could be facing a possible uptrend flag still to be completed on brembo
The situation on brembo appears to still be decided on which trend it will take
I think we are about to go up with this triangle pattern. We could problably pave the way to 45
Since 2016 the price is going up until the important resistance of 39. Now the price seems at the end of an ascending triangle...
MIL:ITKY Since 2013, the monthly graph shows the mantainance of the support at around 20 and decrescing maximums. Let's see if it will be able to break up the triangle or it will confirm the descending pattern. High volatility is expected in both cases.
Intesa Sanpaolo Bank is, in my opinion, in a correction mode finding a support level at 2.70. Such a price was the one tested during last June "gap up" after the Italian Bank incorporated two smaller regional banks. Altough some analysts (www.thecerbatgem.com) forecasted a 3.20 target price, that level is quite difficult to reach in the short term. Much will...
DAN has been drawing a corrective pattern for 5 months. It seems the price is ready to attack previous highs (€23,50).
No news for Unicredit. Still inside the flag channel since august. A breakdown of the flag will bring either bullish or bearish signal.
UniCredit SpA and Intesa Sanpaolo SpA could face combined losses of almost 20 million euros from the failure of Innowatio.