ALLIANZ : ALV
Allianz on the weekly chart ,
We have just broke above the 2007 high. this is a massive move for the stock, i would be a buyer of the stock , but not yet, i would like to see priced supported at this level first. on the watchlist for this quarter.
I think the price will move to 192.949 before a move back to 180.397 to test the breakout
ADIDAS : ADS
ADS had a great year last year and i expect it to continue,
the market moved to 160.915 and then made a small pull back to 130.432 . to keep it simple, the depth of the pullback on a fib scale predicted the next move would be 179.446
funny the market did that before failing to hold that level.
we have now made another small pullback to 163.932,...
Short Brent Oil TVC:UKOIL
Stop order entry 48.15
Stoploss 49.15 or above
Oil is currently fundamentally short. demand for oil is lacking for this time of year and the US rig count is currently at its highest since 2014. the supply-demand factor is coming into play here.Last night we had another build in the API report, and today we have the EIA report out at...