The PEAD projected a bullish outlook for $PHG following a positive under reaction after its earning release placing the stock in Drift A
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Contextual immersion trading strategy idea.
The Koninklijke Philips N.V. (Dutch company) has a strong upward trend.
The company operated different health technology, in particular, artificial respiration devices.
Due to the spread of the COVID-19, the demand for the company's products rose.
This and other conditions can cause a rise in the share price in the...
I am bearish PHG but Earnings upcoming the 22nd october. I want to see how that plays out first, even considering we recently had a pretty drop and there may be an organice retracement to the upside.. That also means I may lose a very big chunk of profit if earnings are bad. But thats how I feel for this.
Hidden bearish div on higher TF.
I would like, but I doubt...
Waiting for a retrace back to support levels on chart. If the previous RSI is anything to go by, it should set up a nice long as the RSI reaches support.
However the wedge could turn bearish is support is broken....