As explained in the video, it seems ABN AMRO may continue the previous uptrend and grow further 33% in 58 days. Let's see :)
We made the run on the vaccination news in november and closed our position at the top. Then we went short. Last week closed shorts and are in cash. Why? We are at a crossroads. We do not know what effect the dividents news will have on the bank stocks, and same goes for the increased ECB support/lending. So it was safer to wait and see. We did not see much...
Take a look at the pattern at Aben Resources. It's always similar but to varying strengths. In the Canadian taxloss season, the Canadians sell everything that is not nailed down and then buy it back in the new year. If good drilling results have been presented, the share price has risen by 300, 500 or even over 600 percent. If no noteworthy drilling results were...
Near 8€ seems like a good buying zone. This is a resistance level. Be patient and be prepared.
ABN is stalling, volume decreasing, little buyers at the top of this rally. We have been pulling back for 2 days and did not make a new pre-march high. Take note that we pulled back exactly from the purple/pink top trendline. We did not break top resistance and will retest bottom support first around 8.840 then possibly 8.650. Looks like a buy the dip, weekly...
EURONEXT:ABN We completed a very nice 2 day bull run yesterday based on the Pfizer vaccin news. Such volatile runs based on short term news are often short lived as fundamentals regarding covid have not really changed and true industry rotation is far away. After two straight days of gains I sold yesterday afternoon. This morning I shorted ABN to 8.3, now...
Maybe a little late. Still in time for the break with high resistance..
EURONEXT:ABN has not been performing well since the peak of januari 2018. Since then it has steadily dropped from 28 euro's to 18. Where at first it looked like it has found its bottem there. However the price quickly broke support, made support new resistance and dropped 60% from there. After that 60% drop the stock has found its bottom around €5.70 which is 80%...
I have been following this stock since the crash in march 2020. I always pay attention when Dutch bank stocks tank. Main reason is that Dutch are super conservative when it comes to banking (in comparison to USA especially) and regulate the sector well. This is the second biggest dutch bank and it's chart is very similar with the nr1 (ING) which I also have opened...
This stock will rise because of the high price of gold and silver! But I'm not 100% sure! Anyone an opinion? good luck!
Amro Bank - Euro-next Amsterdam , has a good opportunity if it cross above 8.45. Let's see! :)