Simple Trend following SetupThis is a simple trend following setup! The trendline gives us enough resistance, that the market should make at least another downmove!
SFER trade ideas
SALVATORE FERRAGAMO : Negativo -MM50>MM200 entrambe positive.
Supertrend, Stc e Trix negativi.
Rsi negativo.
Tr3 blu (v. negativo)
Short < 17
SALVATORE FERRAGAMO : Negativo -MM50>MM200 entrambe positive.
Supertrend, Stc e Trix negativi.
Rsi negativo.
Tr3 blu negativo.
Short < 17
Looks like a super BUY!Ferragamo is completing a flat top ascending triangle which is a super-bullish pattern.
After dropping 40% since May, in these days we are touching the upward trendline. Here we touched three times since 2012, which is a sign of strongness.
RSI is also in the underbought zone.
A closure over 20MA and 0.786 fibo is a SUPER BUY!
The above references an opinion and is for information purposes only. It is not intended to be investment advice.
FERRAGAMO SHORTPrezzo dentro un evidente canale ribassista. Il prezzo sta facendo minimi e massimi decrescenti. Già qui in area 22,50/22,75 potrebbe ripartire al ribasso perché sembra essere una zona di resistenza che in passato ha funzionato bene.
Salvatore FerragamoThe last movement has confirmed a breakout of a congestion zone. I will wait for more pullback to 21.35 euros to actívate a long trade.
