resistance at 14.470 is holding strong, i think we will see a bottom here and if we can see some bullish momentum from this resistance it is possible we will see 17.9 in couple of months.
04/25/2018:
Price has found support on Warningline of TrendChannel up.
Will it hold again and push to:
- € 15,50 (target 1 for long)
- € 17,50 - 18,00 (target 2 for long)
or will it fail on retest and fall to:
-€ 11,50-12,00 (target for short)
We might see a long term of correction / consolidation. This can take some time however it's just a healthy market, when we go up we once have to go down as well. The indicators show the lower bottoms which results in a downtrend.
For questions please comment.
Peace out
ING broke multi year resistance
strong bullish sign in my eyes and with the overall rally in banks worldwide im buying ING
just my idea, trade your own plan!
Stochastic divergence on a channel line support. Not a big move, but it's a high percentage trade.
Buy: 18.13
Target: 18.30 - 18.57 (0.97 - 2.47%)
jbzstocks.com
@jbzstocks
After a strong run up from the Brexit Low in the banking stocks, ING seems to lose momentum for extra buying power. However a correction may scare out a lot bulls, it will set in the last wave leg up on the weekly timeframe.
As investors are following the information servive from TradingEcology it would be a sure thing to close out all long in the zone 15.17 -...
Normally I look into patterns only on Dutch stocks and index, but as of Dutch ING N.V (inga) is going flat and closed today slightly higher while stochastic lowered. It got my attention to look into more detail.
The Dutch AEX-index is still going flat after hitting 484 and a bit in FTI (future contract), so did the major financial stock in the index. It goes...
