After the first wave, correction we are ready to move down. Objective 1 6.000 and second 5825. As you can see we had made a pull-back to the breaking line and now we only can spect the second wawe. Aternative scenario when we go up above 7.192. Good Trading ant Take Care.
On a daily chart, it seems the bullish trend is confirmed buy the incoming volume. RSI indicator is on 50% so there is still space to keep increasing the price.
Volume was flowing out and it seems that we could have reached to a swing point but I wouldn't be very optimistic and expect a rally.
Checking the hourly chart, It seems it will go long during the next 2-3 days but I'm not sure it's a general trend. My opinion in the medium term it will remain lateral until the industry in Spain goes back to a regular production and then increase the electrical demand.
Considerint the earning results it's possible to see that the uptrend is kept until touching the EMA200 that could result on a lateral period.
Due to the lack of incoming volume and the general sentiment in the markets, that is waiting until we can see the reopening of businesses and probably waiting also until the Q2 results, this stock will remain lateral with maybe a weak upside trend.
Only if there is a clear exit from the triangle upwards. solo si hay una salida clara desde el triángulo hacia arriba.
So I've decided to somehow repost this big scheisse after the bank doesn't stop sending me emails saying they have experts analyzing the markets and wanting to give an explanation of why the stocks are going up. Really? Who are they trying to convince with this graph? It will be bad, very bad. And in the end we will always pay for it, always the same. Enough! ...
ITX is going to recover the 32 EUR in the next weeks, today 3.8% www.informador.mx www.lefigaro.fr
IAG in reaccumulation range. Buy at 2.2 Sell at 2.5 (15%) Stop at 2.14 (-3%) Profit risk ratio = 0.3:0.06 = 5:1
Multiyear view of Inditex. - Distribution (Wyckoff) from 2015 to 2017. Range 29 to 32. Blow off top on 36 euros. - Second redistribution from 2018 to 2020. Range 24 to 28. Blow off top on 32 euros. - Potencial third redistribution 2020 to 2022. Range 18 to 24: Topping on 32 euros in December 2019. Almost 50% drop on March 2020 A - Support on 18,56...
Telefonica seems to have position for another wave breakout or some sort of bullish run. Again, don't take what I say seriously or at face value (as always), this is an opinion basis. That being said, let us get into my analysis. Looking at a long position target, you could see the 4.88 target range as feasible going into the upcoming years, or some sort of +15%...
We can observe the downward trend by seeing how price fluctuations have high and low ceilings, but always with a negative inclination.
After almost 2 years, Banco Bilbao share is still on target. A bailout/bailin is imminent and should lead to riots or even revolution in another 2 years. In 2018 this was still unimaginable and today hardly anyone would doubt it or rule out the possibility, would they?
Due to a double bottom structure that has been activated Atresmedia may reach 3,33€ +30% from current price with a reward ratio of 6,8. Stop loss at 2,44€.