this is my bullish trend continue idea. however wait for come key level after how to respect to key level after trend continue to up trend you can entry ,so this is my opinion only .
Will the fun market of the World Cup cause a jump in the price of Adidas?
This is along with a recent upward lag and we are sitting watching TV in a buying position.
Not to see the World Cup games, but to score our own goal!!!
Let's take Adidas shares as an example.
To date, since the company's IPO in April 1998 the CAGR is 4.4%.
At the IPO, the market price was 39.68 euros. 1.5 years later, in February 2000 – 70% less, 14.06 euros. CAGR would almost double: 9.6–9.8%.
Similarly, for example, all subsequent highs and lows: 6.1% vs. 11.1%, 3.1% vs. 8.7%.
Unfortunately, the probability...
Fundamentals:
- new CEO from PUMA
AT:
- break of weekly trendline
- needed correction after big downtrend at least to 0,38 fibo/first bigger resistance level
possible move +35%
this is just what I've noticed and I'm curious of Your opinion. It's not any kind of financial recommendation.
In a clear downtrend we are facing a cross resistance. It makes me assuming that the recent rise has been a bearish correction. The overall market looks like being in a waiting mood however due to the weekend and the uncertainty about the next FED actions.
This is the risk. But I think that adidas as a producer of lifestyle products may suffer of consumers'...
Adidas is another company confirming what we laid out some time ago - a trouble brewing during the current earning season, supporting our notion about the stock market progressing in the second stage of the downtrend. That being said, the company reported its quarterly earnings, after which the stock fell approximately 10%. The report highlighted deteriorating...
The lowered profit margins, decreased demand, disruption in the supply chains, and increase of the interest rates by the central banks, are among the factors that caused a headache to the investors in the German sportswear company.
The direction of the trend is still valid and the long squeeze is more likely to continue to the 90 support level
Risk Disclosure:...
Hello dear Traders,
Here is my idea for #ADS
Wait for daily close above the yellow trigger line (previous month high) to enter trade.
We try to anticipate a 2-2 bullish reversal in the weekly chart
Targets marked in the chart (black lines)
Invalidation level marked with red line
Good luck next week!
❤️Please feel free to ask any question in comments. I will try...
Fundamentals:
- massive drop from the tops
- still good bussinses
- incoming football championships in the 2022 should boost the price
AT:
- reached the strong support, should at least made a correction up
- signal candle for trend change to upside
but this is only my point of view, not a recomendation.I wonder what do You think about this idea. Up, Down or...
Adidas is one of the companies which not likely go out of the market anytime soon. We are hitting massive support trend line and we have also touched covid lows. I can only imagine this is beginning of recovery. Yes, we might go lower, but if you think long term you can start inching in positions at this price and average down at the next support if we got...
Daily Chart
Wait a possible emerging breakout and retest of the current downtrend
MACD is approaching the 0 with momentum
RSI has moved from the oversold Levels.
We have World Cup Football Promotion
Possible emerging Right Shoulder Formation (Head and Shoulders) then retrace to existing neckline.
3 Fib level extension targets.
looking at long term trend continuation i think adidas is in a good risk reward buy zone. Ignoring outside noise.
My target is 50% increase from here over time.
I think we will see some choppy water in this area for the foreseeable but I favour the next major move cycle to be north.
