It is a little bit difficult to describe what I see.
2 different VWAPs(a rising and a having turned downward) indicate a bottom and on Friday we have re-entered a 3rd VWAP which is following the downtrend since 15th September.
In my opinion this says that we shall test the upper lines of the price band.
I know that this seems to be a bit strange but due to my...
Allianz has started 2023 very positively. First quarter results are solid, shares buyback has been announced, together with a good 5% ish dividend and further investments. I am looking at entering a long position for the long-term. In case of short-term downfall (1 or 2 years from now), there will be possibility of cost-averaging the position.
If you want to...
Correlation between Allianz stock and USA interest rates. I also point out the days between the start of hiking rates and the start of bullish period for the stock.
Let's see if this works - I read about two green Heikin Ashi candles coupled with a slow stochastic RSI of below 30 being used as a buying signal. This is one of the stocks that came up on my screener so I want to keep an eye out if the strategy might work here.
Allian should also trend sidwards the next weeks.
It is possible to get some momentum on the upside, but this has to be proved with an outbreak on the supporting line, which is not very certain...
Only Hold
Hello traders,
Yesterday I opened up a postition in XETR:ALV opening at 179. We did this because the support line was tested for the third time and held it once more.
ALV will be announcing earnings on the 5th of august. It will be interesting to see what happens here.
Our stop loss is currently sitting at 171.7.
If you would like to see more of my trades in...
Here's why most algorithms fail. They don't take into account the context you needed it to.
Here's why it's hard to correct that: you need something OUTSIDE of the raw number-crunching that you're doing in order to understand what's happening. If you're very good at that, you're already a profitable trader to begin with! In that case, it can be discouraging to...
After the breaking recent of 200 SMA, There is a high probability that QLLIANZ STOCKS continue to up and gets to a level of 212,74 EUR,
Push like if you think this is a useful idea! Before to trade my ideas make your own analysis. Write your comments and questions here! Thanks for your support!
Allianz SE (ALV - Xetra) is in ABC zigzag wave pattern from major top made in Daily time frame. It already completed B wave in complex correction and after completion of B wave, it started under-performing DAX index and moving down in C wave. Now 3rd of 3rd wave starts moving down, which should be much sharper.
