Amazing Market GeometryInteresting Market Geometry
It is used mostly for analysis but not trading execution!
Read : Technical Analysis for The Trading Professional for more details (Constance Brown)
8YA trade ideas
CAAP | Time to Fly Higher | LONGCorporacion America Airports SA engages in the acquisition, development, and management of airport concessionaires. It operates through the following geographical segments: Argentina, Italy, Brazil, Uruguay, Ecuador, and Armenia. The firm conducts its operations in international airport, such as Ezeiza Airport, Brasilia Airport, Aeroparque Airport, Bariloche, Iguazu, Galapagos Ecological Airport, and Florence Airport. The company was founded in 1998 and is headquartered in Luxembourg.
CAAP BullishFundamentally this could be an under-the-radar reopening trade. As for the chart, I like the relatively tight trading range since mid February and also the current price in relation to to the POC (Dec 1 - Present). Also the MACD is curling up and should cross any day now. Finally, yesterday's candle broke the .5 fibonacci level to close above it.
Looking for a break of $4.79 for entry.
$CAAP can rise in the next daysContextual immersion trading strategy idea.
Corporacion America Airports S.A., through its subsidiaries, engages in the acquisition, development, and operation of airport concessions.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $4,52;
stop-loss — $3,58.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$CAAP can fall in the next daysContextual immersion trading strategy idea.
Corporacion America Airports S.A., through its subsidiaries, engages in the acquisition, development, and operation of airport concessions.
The demand for shares of the company still looks lower than the supply.
This and other conditions can cause a fall in the share price in the next days.
So I opened a short position from $2,52;
stop-loss — $2,66.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
CORPORACION AMERICA AIRPORTS SA - beautiful..NYSE:CAAP
I couldn't resist. It's very beautiful!
It's a pleasure to trade shorts!
Strong accumulation, squeezing, close-retesting and pushing the price.
If the price is not pulled up tomorrow (in this case there will be a false break-up with two bars), I will look for the entry point into the short.
CAAP Long• Ticker - CAAP
• Entry: 5.99
• Stop loss: 5.64
• Profit target 1: 6.5
• Profit target 2: 6.7
