Update LONG idea about the ENI ITALIAN STOCK
The RSI shows how much the stock has been oversold. The title in the last few day showed strength and i think that, if it breaks the 5.21 level, it could have the necessary push to have a fast hike, until 6 euro. Pay attention, the banking sector is very volatile in Italy now, not like American's titles maybe, but it is more than in the past. I've also noticed...
Iniating a short position on Luxottica. The stock CHXEUR:LUXM has been trading at historically high levels and TRIX shows a clear trend reversal (TRIX 15 periods above 0 with period=1day) Let's see what happens next
Weekly: - Clear double bottom this year around 12,90. Neckline and Kumo top is ard 16,72. Above that space would open to 20. - Ichimoku setup is turning to neutral as Chikou losing open space and Price is trying to move above Kijun Sen. Thin Kumo overshade ahead. However Tenkan is still below Kijun and future Senkou A points down a bit. - Heikin Ashi may give a...