Reminder of a previous idea - support levels mapped out
Unilever is a 5* business, if the stock price goes down further, there could well be buying opportunities
How to catch a falling knife? ... don't! Wait for the trend-line reaction... support levels mapped out
Oil always bounces back... it will continue to likely do so, unless there is a fundamental societal shift in the way we consume energy. That will happen, but until then, oil is the second king, next to cash.
It pays to keep your head in a bear market... support levels mapped out, potential upside is obvious, let's wait to buy in, 'set and forget' and return to the charts, most likely, once the stock price has doubled.
Currently at very high levels - expecting a reversion to the mean at some point, which will therefore mean that it may be time to either trade this pair, or think about converting some gold holdings into silver...
Potential exhaustion zone above on the basis of completing a fifth wave up. Expecting ABC correction. Could be attractive short opportunities on the way. I see a risk of this pair going higher than the zone in the short-term, before a long-term downtrend, so as always, you could look at other CAD pairs to see if the banks are looking to aggressively buy the...
Levels to watch for potential long opportunities...
Previous idea developing... long opportunities could be on the table, soon...
If we can a back-test of the TL, then the RR for a short will look good...
Tracking for signs of exhaustion for a final wave up
Long-term structure play - big upside for those who manage to catch the move up
A decisive break below 6900 and things could head south, quickly. We watch, wait and see.
Looking for meaningful signs of exhaustion... stay patient for the time being