BME short following break of H&SBME looks like a short as it is pulling back after a strong run and breaking down through a head and shoulders pattern.
1.62 USD
406.94 M USD
7.11 B USD
About B&M European Value Retail SA
Sector
Industry
CEO
Tjeerd Jegen
Website
Headquarters
Luxembourg
Founded
2014
ISIN
US05590Y1001
FIGI
BBG00CMXSST3
B&M European Value Retail SA is a general merchandise discount retailer. It offers FMCG brands and a variety of non-grocery products at range of categories and price points. The company's product range is spreaded over a number of non-grocery merchandise categories, including housewares, DIY, electrical, toys and pet products. B&M European Value Retail was founded in 1978 and is headquartered in Luxembourg.
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B&M Europealue Retail | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# B&M Europealue Retail
- Double Formation
* 6.1500 GBP | A+ Set Up
* Neckline | Top / Bottom Structure | Subdivision 1
- Triple Formation
* Pennant Structure | Short Continuation | Su
Good results for B&MThe market seems to have recieved B&M's results positively. The fall in reported profit was expected.
Technically this week could provide a launching pad for it to break to the upside from its weekly 50 ema.
This is not a recommendation. Trade your own plan and make decisions based on your own r
BME - Poised for breakout upwardsBME doesn't do tight trading channels very often. The last time it did a rapid 7.5% surge upwards followed. BME is now going through almost the same shaped trading channel. Is it going to surge up again? Goldybug thinks so. That's why he's heading to a line just slightly above 600p. Good Luck everyo
BMEInfo only, not advice
Bullish MACD on the daily
Potentially on wave 3 uptrend
Bottom of wave 2 was wave 1 retracement of 0.618 to the tick
Targets in blue for 1.618 and 2.618 levels
B&M breaking out slowly395 resistance from Feb 2018 has now been broken although the breakout is slow so far.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
XS2721513260
B&M European Value Retail SA 8.125% 15-NOV-2030Yield to maturity
8.12%
Maturity date
Nov 15, 2030
XS294237127
B&M European Value Retail SA 6.5% 27-NOV-2031Yield to maturity
6.96%
Maturity date
Nov 27, 2031
XS2411541738
B&M European Value Retail SA 4.0% 15-NOV-2028Yield to maturity
5.59%
Maturity date
Nov 15, 2028
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