PKN ORLEN anticipates wyckoff phases Sp500 , the Wyckoff phases are the same .
On the graph, we can see a typical ascending triangle pattern. The breakout point should be at ~2131.77.
I put half of my desired position in play based on the current situation. If this level will not hold, I am ready to increase my position around 85. Depending on the situation it may become a long-term thing or just a swing trade up to around 110.
We will see how will it going in the next 1 year. Of course if bear's world financial crisis will not wake up.
Unimot seems to have another round of incline in near future. The goal price is approx 40 PLN.
The creators of the highly successful video game The Witcher 3: Wild Hunt. With a new release on the horizon 17th Sept 2020 - Cyberpunk 2077. There was a revised release date In January as the firm want to polish things. As of the end of September, 2019 - no outstanding debt under any credit or loan agreements. Looking quite interesting to me for long term...
So far we can expect the price to move higher to drawn rectangle
After last serious sell off, market should push the price higher.
I expect a round do upper rectangle and general correction do lower one.
Situation is unclear for now. Even though price spiked in last two sessions, it may be still a false flag ... Personally I would expect drop to blue rectangle before major extention of inclines.
Pekao remains in narrowing wedge, which started in April 2015. Probable that we reach 110 PLN and then observe local correction.
PKOBP price is struggling to finish corrective movement initiated at the beginning of 2018. There may be another decline /point E/, however, as for now I would trade long with minimal exposure.