Elliot wave completed, alot of buy signals for temporary pushDrew this chart 07/19 and it has followed well so thought I'd share. Most things are self explanatory, ask if you wonder why I drew some things the way I did..Longby BerryWhite999Updated 1
Long with close stopI'm buyinf Hennes & Maurits when it breaks out of the ascending triangle, I expect it to close the gap. Target 270 STOP 255 Good luckLongby GlobalinvestUpdated 7
the end of the down trend ?,This is very extended downtrend, will this shortterm uptrend break the longterm downtrend.. a swing low has established.. A risk to take if you are willing, SL 261. by S_AUpdated 2
Long HMB on Tue 160607 for potential 5:1 P/LGap from September 2013 closed last Thursday. Now very oversold with MACD cross. Gap from May above unclosed. Potential for long on Tuesday 160607 with TP at gap close at 280. Negatives to ponder: 1) as always, gap closes are not guaranteed (in the near future), so the above scenario may not play out. 2) trend is bearish with higher volume on down days so far - so this is a counter-trend play. 3) potential H&S on weekly with possible neckline break coming up. 4) seasonality may also be a negative factor until October. Therefore: I recommend a tight stop not far under last Thursday's low and also to close out part of the position fairly early if in profit (perhaps at ca 258 to 260) to pay for potential stop.Longby profitofpeace2
HM B (Large Cap OMX Stockholm) ready for turn aroundHennes & Mauritz looks ready for a change in trend. We're about to close the gap from september 2013 at 250.60. With RSI on the lower range and previous structure as support we're looking at a good risk/reward to go long at gap close.Longby haobeyUpdated 0
Hennes & Maurits, pullback with high possibilityH&M has been up 9,61% in average ten days after a low point far away from the ma200. The 9,61% upside target lays also at the 50% gap line which makes it a reliable target. MACD and Stochastics is also indicating on a upside. Happy trading!by DanielRonnqvist113
Hennes & Mauritz BHennes & Mauritz has formed a new higher high. If it will make a higher low it will be a high probability for a new uptrend and possible breakout out of the (red) chanel.Longby jannispo113
Hennes & Mauritz upptrend?Hennes & Mauritz is about to start an uptrend? It respected the resistance (purple line and formed a higher high (at 303). Maybe we are about to see a higher low too? Longby jannispo114
Hennes & Mauritz 60min - Down then UpHennes & Mauritz is showing more upside but before that my assessment is that we will get a pullback and the one more up. The arrows are not indicating an exact path, they are just for reference.Shortby Kristijan4
Hennes & Mauritz Elliot WaveThinking that this could fit in for the Elliot Wave theory with 1,2,3,4,5 going down and then a,b,c turning it around, perhaps over 300 swedish crown.Shortby DanielRonnqvist334