Global Financial Engineering Swing Trading Strategy for Air France(AF) as at July 2, 2019 The Primary Trend (PT) given by the Monthly TIME BAR ( MTB ) is currently Bearish The Secondary Trend ( ST ), given by the Weekly TIME BAR ( WTB ) is currently Bearish The Medium Term Trend ( MTT ), given by the Daily TIME BAR (DTB) is currently Bullish The Short Term...
Short/Sell Idea The price is testing and reversing at upper boundary of 9-month channel. Short at current levels: €10.95 SL: €11.70 TP: €9.20
Watching this place carefully. could be a good longposition. Especially when oil prices keep falling.
Airfrance-klm is creating a bullflag. As oil is the main costcomponent for airlines. Falling oilprices will increase profit.
De retour sur le niveau du breakout en zone neutre Projection 10.8 euros
KLM looking really promissing. Where oil prices will fall really soon this will take off...
Very stronk levels by volume profile. If the stock will pass the support level it would fall far away. I think now it is the best moment to enter for a long position. Daily trading is limited due to low likvidity
looking to long Air france we'll see
Some are yet punished, Overhead Supply zones take time to pierce, usually, prices stall in the bottom of the OS area, and suddenly open/raise above area, retesting and now becoming support zone. Personally, I don't see further reasons to pray for disaster, but long-term support is around €7.50.
The Moneyflox index declined very hard, the hardest decline since years and now we see a little recovery. The best scenario is pullback to the level 10.45. Then we see if a rebound is possible to happen.