SAN is looking bearish and would be a good trade if you put a short term position on it
Hi everyone, As we can see this first impulse could be the first wave of a huge movement so we have to be analyzing the price to take a long position before the next movement has gone. Stop Loss: 1°: 2.74 more or less 2°: 2.90 more or less Follow me for more content !!!
After a big correction and a dividend payment, we bought Banco Santander, it will have a huge dividend yield in the coming years and we are too low from last highs seen years ago. It is part of our Human Dividend 40 Index and the performance for an inflationary period like this with upcoming interest rate hikes, banks will benefit from it. So we have performance +...
im a rookie on traiding, and in this occasion im trying to found on the chart high and lows tendencies and the accumulations time
Resume Banks are concerned about the balance of the financial sector, yet it seems to be threatened again and again by the global economic crisis. The cause of the banking crisis is macroeconomic instability, poor supervision, bad tactics, poor management, inadequate control system, failure of operations and Cheating. The authorities, whatever the cause,...
the sellers decide to controle the market and take it down
Quasar is the firm created by Banco Santander in association with Blackstone, who holds 51%, to deal with Banco Popular's toxic assets. In 2019, Quasar suffered losses of €1229 million and covid19 may increase them a lot. If Blackstone decides to bring the Spanish bank to court, SAN could face subpoenas and legal amendments that could bring down SAN's shareprice...
#SAN jump off in time! Soros' coming to
Overall opinion is to SELL .. A lot of confluence technical factors : 200 ema price down , trendline in place and price has closed consistently below 3.70 ( Engulfing Bar) and formed a critical Swing High /rejected and closed below 2.50. We are currently trading below the crucial 52 day low of 1.90 , so cautiously looking for a stable level of support to BUY,...
Looks like it has broken its downtrend and has broken the downtrend in RSI. Might be a good place to start a position
This is a review on a monthly view of the main banks in Spain. We are not going to make any more comments than to limit ourselves to paste the charts, just to say that they are inside a big shit. In which one would you put your savings? Greetings and God bless us. ------------------------------------------------------------------------------- Banco...
I don't invest in banks but... this stock was downtrend since May 2017, so i have detected a double bottom in the lowest level, now it keeps consolidating and probably it will change the trend. The next level: 3 per stock
so this has hit all time lows in price now taking a look at the overall price structure this could see some moves returning to the upside or could this still keep dropping ? and on the lower time frames its showing more likely that this could push up very soon. and overall we can see a nice clear pattern. i will wait for the first move up to be confirmed with this...
Posible canal lateral con soporte y resistencia.