just now
This is some major support at 49. it looks like it wants to go trough it, testing it multiple times.
We have had a nice retrace up to 52 and is encountering it's downtrend since the crash in march.
This downtrend is strong, and with the crash in oil it is draging the markets down.
We having a negative RSI divergence indicating a price drop.
BMW, just...
Bmw Fibonaci Levels.
Disclaimer:
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is...
Price looks to have hit the bottom of a downward channel. Looking for it to make a small retracement to the upside (approx. 50%) then continue to fall to the downside based on the trend it has been in. Price has continuously gapped down, but has attempted to retrace each time.
BMW price had a breakout of parallel channel and this may lead price to 79€. If price exceeds 77.3€ a AB=CD pattern may also be activated and a new price target would be 82.2€.
We may see the beginning of a bottoming out of the BMW share with a subsequent upward movement in the medium-term price development.
Before it's here, it's on analysta.net ;-)
...read the full text on www.analysta.net
Math Is The Answer.
Hey traders,
I have a bullish forecast on BMW stocks.
analyzing the price fluctuations on a daily you can clearly see the convergence of multiple technical elements:
65 is a strong horizontal structure support level
this level matches with the retest of a broken resistance of a falling channel
perfect confluence with 618 retracement of the last...
Friends, please before reading, support this idea with your Like and any Comment, thanks.
You can buy BMW from 65-70
Stop-loss at 58
You will find more trading ideas in SAV Finance community.
Seems like an impulse is unfolding to the upside, and price is in the wave 4, that will be a flat (whether running or an expanding one).
So, next year will bring another solid trade, as soon as price corrects itself 50-60% and then BUY
Hello dear friends,
Currently BMW stock showing divergence of bullish momentum near resistance level which suggests that may see a correction the forthcoming days, use this ascending trend line as a trigger for your short trade and target lower support levels.
Good luck!
Hi, today we are going to talk about Audi and its current landscape.
BMW it's poised to gain traction on the market since Tesla today has shaken the European auto markets by announcing that it has chosen the region of Berlin in Germany over the U.K to be the new engineering and design center site. A big step for the company that until now had to rely on a single...
