Renault is going down toward the 2008 crisis level at 10.738 unless we close on a monthly basis above 25.51 the price will test 10.738 and the trend is still bearish We should wait for a monthly close above or below 10.738 to see what will happen for Renault For the long term investors the Dividend yield is 6.5% but you should wait for 10.73 or below to buy it...
Double top for Renault, already activated. The price may reach potentially 19,58€, -46% from current price.
falling knife but after confirmation worth to try the implied value
Price has already broken out of triangle bottom Trade money management is: Enter 2 trades at daily close below triangle bottom = 50.86 Entry SL is 1.5 x ATR (1.49) = 2.24 from close of breakout candle (50.86 + 2.24 = 53.10 SL for both trades) TP is 1 x ATR = 1.49 from close of breakout candle (50.86 - 1.49 = 49.37 1st TP) When 1st trade TP is hit move 2nd trade SL...
Hello Guys, Market is tumbling down as expected and suggested by myself so many times, while the majority of traders and financial analysts were suggesting to buy. My target for the next months is 30 Euro. Thank you, See you soon, Simone
: a very good opportunity if price stay above resistance line next week.
D1 - Two bigger cycle (Yellow) Two smaller cycles (Blue) inside each leg of the bigger cycle. H4 - Price is trading inside a channel. We have divergence. We will be looking for a breakout above the channel to start looking for buys. Ideally and most conservatively, we want to see a break above 76.90 zone. If the stock breaks below, 67 zone will be the next...
A bearish bat in d chart take profit usually for the bat sl around 89.732
SUPPORTS AND RESISTENCES - RENAULT - DAILY (1D) Good Luck!!