We can observe a major wyckoff in place, the liquidity of previous all time lows was taken before initiating a massive upside move, the price is now consolidating on the market shift, creating another wyckoff in lower timeframe (Weekly/Monthly). I'm expecting the price to reach my demande zone (14.5$ to 18$ in grey) before initiating an upside move to reach 37$...
The technical figure Triangle can be found in the daily chart of the French company Société Générale S.A. (GLE.pa). Société Générale S.A., colloquially known in English as SocGen is a French-based multinational financial services company. Société Générale is France's third largest bank by total assets after BNP Paribas and Crédit Agricole. It is also the sixth...
Societe Generale - 30D expiry - We look to Sell at 25.79 (stop at 27.22)
25.89 has been pivotal.
The trend of higher highs is located at 25.80.
Preferred trade is to sell into rallies.
Daily signals are mildly bearish.
Our profit targets will be 22.22 and 21.22
Resistance: 23.00 / 24.00 / 25.00
Support: 22.00 / 21.00 / 20.00
Disclaimer – Saxo Bank...
Societe Generale
Short Term
We look to Sell at 22.24 (stop at 23.54)
Previous support level of 22.24 broken. Selling continued from the 50% pullback level of 26.20. The hourly chart technicals suggests further upside before the downtrend returns. The bias is still for lower levels and we look for any gains to be limited.
Our profit targets will be 17.19...
Hello guys
According to the chart you can see the price is moving downward trend and it has need more correction to have good R/r then we have permission to take short position until the target.
You should take signal at first then dont forget use stop loss and observe to your capital management.
Take a look on volume guys dont forget to check it, And dont...
Hello ladies and gentlemen,according to my graphic analysis of GLE SOCIETE GENERALE.
We notice that since February 18,2022,the GLE stock entered a downtrend until today,
approaching a strong resistance and support zone.
Now we have a golden opportunity te either buying or selling,with the stock approaching the golden point.
don´t forget to like and keep following guys.
The technical figure Triangle can be found in the French company Société Générale S.A. (GLE.pa) at daily chart. Société Générale S.A., often nicknamed "SocGen", is a multinational investment bank and financial services company. The company is a universal bank and has divisions supporting French Networks, Global Transaction Banking, International Retail Banking,...
The technical figure Channel Down can be found in French company Societe Generale (GLE.pa) at daily chart. Société Générale S.A., often nicknamed "SocGen", is a French multinational investment bank and financial services company headquartered in Paris, France. The company is a universal bank and has divisions supporting French Networks, Global Transaction Banking,...
Today, SocGen has reached my full target of 26.39, which is also the close of the gap. This trade can now be fully closed for a 39% return over a 3-month period.
Original Idea published to clients on 16-February-2021
Medium Term View | A strong, 11-month base breakout for the French Bank. The €18.25 to €18.40 level has acted as a supply zone throughout the...
FRANCE HAS THE HIGHEST DEBT LEVELS ON EARTH!
ITALY HAS ARGUABLY THE SLOWEST GROWTH ON EARTH ADJUSTED FOR INFLATION AND GOVERNMENT DEFICITS!
THEIR LARGEST BANKS REFLECT THIS! BOTH ARE APPROACHING THE KEY 5$ LIQUIDATION PRICE!
OF COURSE, IT IS FAR FROM RIDICULOUS TO SUGGEST THESE BANKS WILL NOT BE ALLOWED TO FAIL, AS THEY POSE SYSTEMIC RISK TO THE ENTIRE GLOBAL...
There is not a single sign for optimism for GLE. All the MAs are heading down with 21EMA below 50SMA below 200SMA... Supertrend has been a sell for a while.
The last straw that broke the camel's back came last Friday, when it broke down the descending triangle on huge volume. The volume profile shows that there is thin resistance below. The decline is likely to...
Societe Generale SA (GLE - France) is in ABC correction in 1 hr time frame as similar to CAC index, where B wave is over within wxy complex correction. Wait for impulse down to confirm the C wave down in 5 min time frame and its pull back to get in to trade with stops above invalidation level 15.76. In weekly time frame it is in downtrend, which may extend further.
