Had a gap breakout to all-time on the 8th of March
Retested minor support and formed a pivot low on the 11th of March
Had a mini-breakdown failure from consolidation at minor support on the 19th of March
Had a wide range igniting bar on the 22nd of March and an inside bar on the 23rd of March
Good long entry if it takes out high of wide range bar with potential...
Athene Holding Ltd
Athene Holding Ltd. is a retirement services company. Its products and services include Fixed and fixed indexed annuity products, Reinsurance services offered to third-party annuity providers and Institutional products, such as funding agreements. Athene Holding Ltd. is based in Pembroke, Bermuda.
Strong EPS and Sales...
Hello my friends, ATHENE HOLDINGS is in a bullish configuration with low traded sell volume and some kind of marubozu. The TIMEFRAME M1 shows us a marubozu with a low explosion in past purchase volume, it goes to the top of the stabilization zone for a retest. There is a good chance of breaking out the price with momentum at the same time the zone to interfere in...
The Financial sector has been on fire the last few days and ATH is one that is setting up nicely for a possible ascending triangle breakout trade.
The pattern horizontal boundary @ $37.85 has been tested multiple times. A daily close above that level will confirm the pattern and triggers a long entry. Chart pattern price target identified on the chart.
Athene Holding Inc (ATH - US) is moving down in ABC down wave pattern. B wave is complex zigzag. After B wave was over, wave C has started moving down and form 1st and 2nd wave. Currently 3rd down in progress, which should be more sharper than 1.
ATH offers a nice trade here, buying on dips to support. You can use a relatively tight stop, at 51.69 but, it would increase your risk. Alternatively you'd use a wider stop or no stop at all, but can't do this without knowing how to size trades correctly, and how and when/where to determine that your signal was invalidated to exit.
Good luck if you take this...