European banks have been much maligned and languishing for years.
Some banks have been trading at yields of close to 6 per cent (UBS and BNP are good examples.)
Despite the bad news and continued QE, banks in Europe even Deutsche seem to be forming long term bases.
The bases seem to be rounding bottoms and despite the fact that I am not bullish in general the...
Santander, good opportunity to enter in a long position, it´s near de anual support of 3.8, then it rise to 4.40 near and make a retracement to 4.05€ to the level 61 of Fibbonacci and after bad news so it´s a goood oportunity to enter long, maybe can have a continuation on the dowtrend but it´s in a good price for long swing.
Reposting this since TV removed this idea earlier for containing links to my telegram group.
Trading Methodology:
1. An asymmetric bullish/bearish pennant is drawn using ascending and descending curved trend lines with a minimum of three price action touche points per line. The direction is determined by the previous trend.
2. The angle tool is applied from...
Hey Traders,
Another good opportunity in the Spanish Stocks. Looking for these moves in Santander Bank. Check last analysis I did in 2016 here on TV. It is attached :)
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Hola Traders,
Otra oportunidad en Valores Españoles. Buscando estos movimientos en e Banco Santander. Chequead mi último análisis de TV en 2016. Esta aquí adjunto :)
Carlos
Santander's price has been on clear decrease from May's 2017 all time high, but it's showing some stabilisation or loss of interest in a symmetrical triangle, ever so slightly ascending. The Stochastic RSI is showing what could be a bullish divergence. If the price breaks the 5.90 resistance it would signal a change of trend. Otherwise, the 5.80 price area could...
Banco Santander, S.A. is a retail and commercial bank. The Banks segments include Continental Europe, the United Kingdom, Latin America and the United States. The Continental Europe segment covers all businesses in the Continental Europe. The United Kingdom segment includes the businesses developed by various units and branches in the country. The Latin America segment embraces all its financial activities conducted through its banks and subsidiaries in the region. The United States segment includes the Intermediate Holding Company (IHC) and its subsidiaries Santander Bank, Banco Santander Puerto Rico, Santander Consumer USA, Banco Santander International, Santander Investment Securities, and the Santander branch in New York. The Company's commercial model satisfies the needs of all types of customers: individuals with various income levels.
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SAN
