The support ZONE was tested four times from 2019 until now and once the price past below .
We wait for fundamental data and analysis to see if the country is improving the economy and makes the pound stronger.
Having a look on my chart on Renko, Heikin-Ashi , PSAR , LWMA 200,50,40,7 on
D,4H,1H I got a long entry signal .
CHF Unemployment rate increased to 3.4% during the time . Jan was 2.6%
GDP Growth rate decreased -2.6%
GDP Annual Growth rate decreased to -1.3%
Retail Sales decreased to -14.7%
NZD Unemployment rate increased to 4.2% is below...
Hi
During the fact that RNO reduced some job places in the company and the NEW CARS drops to 52.3% the company stock is on discount right now in my opinion .
Could be a very good time to invest .
RNO is STRONG CAR MAKER in the Industry .
I am watching this stock and could be a very good moment to invest if the economy is recovering
and COVID-19 cases are decreasing .
Economy in EU start to get little better during the fact that some countries got out from lockdown
and open the ports and airports for tourists .
RRTL is based in Germany and the country has one of the best economy in EU but TIME...
Hi
Here you can see R zone that became S zone and where the price could go and where we can expect
a revers or little range situation .
Hope you can understand :) .
Fundamental data can change the situation very fast in our current time .
On 4H price is above LWMA200
ON 1H price above LWMA but waiting for the hour to pass.
Waiting for a new High and an exit point. If the price reach 0.67300 it will be cool .
Hi
Little settings that I follow in TA and hope is useful .
One picture is like 1000 words .
I am paying attention on fundamental data not only the calendar .
Wish you all the best .
APLE took my attention .
Could be a very good long term investment for its dividends but we have to pay attention on Balance Sheet and other factors that can give an idea about the good standing of the company.
Wish you all the best .
Thank you .
Nobody knows where the price will go 100% but we can see the probability or possibilities according to our understanding and knowledge but also our feelings or intuition .
NYSE:NOK price is above MA200 and I pay attention if is approaching resistance zone .
Resistance zone it is a TA point of view and I can say it is psychological level as well and it is proved that can influence price direction depends of circumstances .
Nokia is coming with new phones and improved ones in 2019 plus new deals around the glob as we can find info around the net on financial news channels.
From a price point of view I think is a good buy for long time holding as investment plus has a good dividend .
The price is under SMA 200 on weekly chart.
Please feel free to comment with new ideas or critics...
Daimler (DAI AG xetra) on a Daily Chart looks like the price complete a double bottom and it is in support zone from the weekly chart from a technical point of view.
It is possible that the price to rebound from support zone .