PostNL givin %9 compand dividend for 5 years. Now its almost the lowest point in it's history, it going down every Jan & Feb.
Following weekly chart. Got a long signal from my indicator. TP EMA100 or 2 SL 1.46 - I am using indicator stop loss but 1.46 might be a good candidate to stop.
Postnl Short Term - We look to Sell at 3.22 (stop at 3.36) Preferred trade is to sell into rallies. Trend line resistance is located at 3,25. Previous resistance located at 3.25. There is scope for mild buying at the open but gains should be limited. Our profit targets will be 2.94 and 2.87 Resistance: 3.30 / 3.50 / 3.67 Support: 3.00 / 2.63 / 2.20 ...
Postnl Short Term - We look to Sell at 3.32 (stop at 3.44) Preferred trade is to sell into rallies. 20 1day EMA is at 3.27. Previous resistance located at 3.30. We have a 38.2% Fibonacci pullback level of 3.30 from 3.80 to 2.99. Our profit targets will be 2.99 and 2.87 Resistance: 3.30 / 3.50 / 4.00 Support: 3.00 / 2.90 / 2.50 Disclaimer – Saxo Bank...
RSI HIGH Back to equilibrium Short entry possibility (short-term)
PostNL max 4.50. Now the best time in years because of Corona. When the shops open, short will follow, good moment to buy extra stocks.
PNL convincingly broke out of an upsloping triangle; if it comes back down to test it as support, an entry could be made with SL below the neckline, and targets at previous supports, along with 100% measured move.
When the price hits 20MA or 50MA it will probably breakout the resistence 2.47€.
My Postnl Stock idea: I am expecting a rise from 1.65 to 2.00 - 2.15 Note I am just a beginner.
PostNL stock prices have depreciated fast in the last few years. Declining returns in the postal market, combined with falling letter volumes puts pressure on the capital position of the company. Through 2019 and 2020 major investments are done to make the company more profitable. Logistical warehouses will receive new equipment with more automation technology....
Stock price will hit near the 1.50 afterwards will it be bullish €€€€€