Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... Best regards :) Aaron
From the top in January 2014 (€ 93) and the bottom in October 2014 (€ 53) ADIDAS has been in a major uptrend which extended to the 2.618 fibonacci projection level (€ 160). The rising support line forms an ascending triangle together with the flat resistance line at the top. A breakout from the ascending triangle should lead to a major move in either direction. A...
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... Best regards :) Aaron
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... Best regards :) Aaron
It seems bulls have lost the strength to push the price higher. A double top and a long bearish marubozu with big volumes, are reasons enough to short the stock. Furthermore, with the recent movement upwards, the stocks has failed to hit new higher-highs, giving further fuel to bearish forces.
This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... .zip (with PDF`s) @ my Google Drive Break Ups (Dax Index incl. all shares) drive.google.com Best regards :) Aaron
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... DAX 30 Index & all Shares (2016 yearly Performance) @ drive.google.com Best regards Aaron
Adidas will break soon the major resistance of the 159€, the break of this limit can initiate a new bullish rally for the stock