I expect stock price to go down about 17% in the next
This is not a pessimistic lecture, the new prices will give opportunities for new investors to enter the market.
ENGI has been trading in an upward channel (red lines). It hasn't been able to break the neck of W formation this time. Likely to go down a little further, max. up to the lower red trend line and break the W neck during next upward trend. Price target of 16 by end-2023.
Here's a quick macro view of the stock from Dutch insurer NN using Ichimoku cloud indicator. Indicated are the zones/levels of interest where we can be looking to invest long term.
Note: this is my view and not financial advise.
LIMIT BUY @ 24.80 EUR
TP @ 30.50 EUR (22.98%)
SL @ 23.00 EUR (-7.26%)
Technical Analysis
This stock has formed a Continuation Wedge pattern (Bullish), providing a target price for the intermediate-term in the range of 30.50 to 32.00, the Momentum oscillator has crossed above 0, thereby signaling a new accelerating uptrend. The stop loss was placed just below the...
Following weekly chart.
Got a long signal from my indicator.
TP EMA100 or 2
SL 1.46 - I am using indicator stop loss but 1.46 might be a good candidate to stop.
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After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the...
P/B = 0.5
Bullflag breakout
Since a couple of weeks the price of this company was fallen and created a bull flag pattern.
Now this pattern is broken and the price will soar the coming weeks.
Essilor Luxottica is a non-crypto company with all the facets of token modus operandi. I call it "the unstoppable" due to the heavy "slow" manipulation it is subjected to. "Slow" because it's a European asset, so it moves with less volume.
Introduction: Given the delicate period and general uncertainty, this IDEA does not intend to discredit the company's work....
This evening, Reuters published an article titled "AXA Weighs Offloading $2 Billion Reinsurance Arm to Cut Disaster Risk". Could this boost upwards tomorrow's and next days' share price after the US CPI reading?
Heineken already had the pre summer 10% climb yet we are back at support from march where i also always buy. I think this summer we can get another 10% profit on this trade.
#Heineken #HEIA
Essilor Luxottica is a multinational corporation that designs, produces and markets ophthalmic lenses, optical equipment, prescription glasses and sunglasses. The company dominate nearly a thirds of global eyewear industry under it's wings.
The company has shown a strong growth of revenue over the past 10 years. However there are some issue on their ability to...
According to Lookonchain monitoring, in the past 2 weeks, 4 giant whales bought more AAVE and pledged to Aave. They bought a total of 53,208 AAVE (about $3.63 million) at an average price of $68.24
