Not sure about the irregular flat pattern (correction of the high @10,865) but assuming the last movement was a C wave and assuming this C wave can be divided in an 5 waves impulse then the low would be behind us @9,159. A little frustating is the fact that the gap @9,156 has not been filled
Anyway in this case a entry point would be the breakout of the 4th wave...
did not make new high on friday...
the volume was decreasing
rsi extreme overbought
moving averages too low from the stock price
they have already started to take fast profits
Short
disclaimer
- lot of untouched prices below current pricefloor ('air').
-continued downtrend.
- support is multiple times tapped and reaction from it becomes weaker.
huge rise for the oil and for the oil stocks .
now is the time to buy the sell options 39 euro for this stock
the rsi is too overvalued and fund the previous resistance
we had profit taking today and tomorow as the oil price has already started to decline would be more intense .
disclaimer
Carmat SAS is a France-based Company engaged in the development and production of heart prosthesis.
enter price:25.8; stop-loss 23.30; target price 33.60.
Carmat's RSI looks strong and shows upwards momentum, therefore a drastic trend reversal or corrective pullback are unlikely to occur in the near future.
DMI the indicator in these situation can't be easily...
RSI divergence from March.
Down trend canal hit after triangle break.
Ichimoku indicator show us an up trend to, over TS and KS and until yesterday LS is free.
Target on white rectangles
After looking at the FIB retracement levels this is the ideal RR to open a short position on Kinepolis group. TP would be 50.55, SL would be 58 wich makes it a 2,3 RR
Round numbers always twist.
s&p hit highs to fast.
All MACD'S are at highest points.
china markets closed before weekend.
evergrande about 200/300billion problem.
china wont save it, is what i think. cost them to much to save others.
US stocks and indexes up before weekend hitting ATHighs
looks bullish right?
wait till monday..
nobody knows what wil...
As shown in the graph, the AEX index is at a crucial point. If they break the small resistance line, we can expect uptrend movement to around 800-805 points. If the resistance line holds, we can expect more downtrend or sideways movement to potentially 778 points. Drop a comment in the comment section and a like if you agree with this prediction and/or have other opinions!
SNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly...
there is a big probability 90% of probability that the CAC40 will going to be down and arrive at the price of 3723 for the next month so i recommend to sell the cac40
