ZAL entering stage 2?ZAL has been in a downtrend for years. With AVWAP anchored to ATH we cleary see that sellers haven been in control until now. With a pattern of higher highs and higher lows the price moved above a rising 30 week SMA and broke above ATH AVWAP. A further catalyst could be the announcement that ZAL want to acquire its competitor YOU for 6,5 € per share. If the momentum continues we are likely so see a stage 2 breakout in ZAL.
4ZAL trade ideas
Zalando (ZAL) to gain 50%** investment opportunity **
On the above 5 day chart price action has been in correction since July 2021. A full 80% correction. A number of reasons now exist to be long:
1) Price action and RSI resistance breakouts.
2) Trend reversal.
3) Support on past resistance. Look left.
4) The first and second resistances are shown. 55% and 130% above actual price action on December 3rd, 2024.
Is it possible price action corrects further? Sure.
Is it probable? No.
Ww
Type: Investment
Risk: You decide
Timeframe for long: This month
Stop loss: Will say elsewhere
@ZAL MN1 TF set to correct to €37.16Observing the MN1 TF PA, Zalando is finding a bottom in 2024 and is set for a correction to 23.6% = €37.16!
Company guidance is positive, revenue is ok, and buyback program starting today to mid June are all positive catalysts to help push the price higher!
Lesgo!
Zalando could go up with low risk tradeThis isn't any advice, this is just how I see situation.
Zalando can break downtrend and go up to 30 per share. So watch it and when price break trendline there is possibility to trade with low stop loss and high reward
Moreover Zalando just releases news that they will buy a lot of it's own shares from the market. Good news then :)
Zalando: Final Stage 🏁Zalando's stock price retreated last week, so we consider the high of the magenta wave (iv) to have been reached. We therefore locate the price in the last stage of the gray wave II and expect a descent to the green Target Zone between €18.71 and €10.40 before this movement is completed. Long entries could be made here. However, there is also a 30% probable alternative, which would see a further rise should the price exceed the resistance at €26.40.
ZALANDO BUY Hello, According to my analysis of zalando stock, there is a good investment opportunity. The stock has broken through the downward channel. It also broke the support at level 28. The double button pattern was breached. Which indicates that the stock is in a very positive condition. And confirms the strong entry of buyers. Good luck everyone
Retacement Stopped...... and fell through immediately.
The long rise since September has been retraced in February. The bulls tried to stop this downward retracement twice. But now after the second attempt the price fell through with ferve. As the retracement was not a valid one by Fibonacci rules we may now expect a completion of the retracement.
ZALANDO share price analysis - rather weak in the medium term!Hello dear readers,
Teaser: Purchase 🔼 from insiders
Volume: € 39.88 m
Market capitalisation: € 22 bn
Potential: Short
Insiders have been making decent moves on ZALANDO lately. In the long term, this may be a good idea, but what about the short term? Can we possibly get even better entry prices?
Chart-technical assessment
- The share price has been showing slight weakness for some time. The price has left the major trend channel to the downside.
- The current consolidation is developing below the trend channel in the form of a pennant. This formation is considered a trend continuation formation and thus supports the medium-term prospect of further falling prices.
- Wave E has been completed and thus a breakout on the downside should be imminent in the next few days.
The plan
- As long as the pennant is not exited to the downside, I do not expect prices to fall further "yet".
- However, should the formation be exited to the downside, I would like to establish a long position at the price target of this formation, at around 64 points.
- Updates on this idea will follow as soon as facts have been created here.
If you want to support my work I would be happy about a Like & Follow 🙏
Best regards & success!
Chartdigger
ZAL.DETried programming a simple moving average 12 days & 26 days in R using a small algo I learned last week. Still buy signals, I'm not advising to trade on my advice or my position. I do own the stock myself from the week before cyber week onwards. What do you think about 2021?
New to tradingview.com, open to all tips.