BESI for the long run.As we can see on the chart, BESI has been moving within this long-term trend the past few years.
It recently has touched the lower trendline again which has been acting as support for a long time.
By looking at what BESI has done in the past few years and with those 2 trendlines in mind, we can expect BESI to be bullish for the next few years to come until it has reached the top trendline again.
AEX
AEX: Interesting set-up to cover exposure on European Stocks.I bought puts on the AEX to cover my portfolio exposure on long European stocks.
I advise you to consider allocating between 2%-3% of your portfolio value to options.
Risk management is key to outperforming the market.
Entry Level: 760
Stop Loss set at 805.
Expiry Date: May 19th 2023
First Take Profit at 740. Second Take Profit at 680.
*Important to pay attention to the price action at the level of 740. If it is recovered quickly, it will be bullish.
Consider moving the stop loss closer to the breakeven point if that happens.
I will leave half of the position to collect possible profits if it gets to 680.
Alfen May Collapse SoonThis chart could be a perfect example of why you should use caution when dealing with a volatile price chart. We’ve seen this with Bitcoin recently: The price goes up in a steady line, maybe in a parabolic fashion, before the trend weakens.
A slowing down of a trend is not necessarily bad. For example: the price went up almost 30% between the first and the last sell signal (the ones at the top). However, it is clear that the price is struggling making more convincing highs.
However, be cautious when you see this pattern at the top. A slowing down in a trend after the price went up exponentially is bad. That means that the buyers are exhausted.
So to come back to this stock. The price went up exponentially, slowed down, went volatile, and now is below the resistance area. This convinces me that the price will go lower sooner or later. With charts like these, you could be looking at a drop of at least 40% to 50% from the current price.
FUGRO LONG Fugro N.V. provides geo-data information through integrated data acquisition, analysis, and advice for infrastructure, energy, and water industries. It offers marine geo-consulting, marine geo-technics, geophysical survey, metocean surveys, marine environmental, and hydrographic survey services. The company also provides geotechnical ground investigation, geological and geophysical survey, nearshore geotechnical site investigation, testing and monitoring, environmental site characterization and remediation, water consultancy services, and geo consulting services. In addition, it offers positioning and construction support, satellite positioning, monitoring and forecasting, IRM, ROV services and tooling, and marine infrastructure solutions. Further, the company provides digital plant and pipelines, surveying and mapping, rail data, roadware surveys, Roames power, and land weather forecasting services. It serves in Europe, Africa, the Americas, the Asia Pacific, the Middle East, and India. The company was incorporated in 1962 and is headquartered in Leidschendam, the Netherlands.
Unilever point towards a collapse/bear market!Hi all,
Do I need to say more? Check the weekly chart of Fugro and see what happened after a triangle that formed for about 3 years (2011-2014). This one has been forming for about 2,5 years... Unilever made an early top in September 2019 and according to my own theory, sometimes gives big hints of what is to come or a big top or bottom in the overall market...
An alternative (which is not drawn in the chart) is that the blue 'D' should be the recent spike low and the E is still to be made (so we could go a little higher). For me it is potato/potatoe, I am in a put position and waiting for the move down. :)
I wish you all the wisdom to stay safe in the bear market that has started as of November 2021 (divergent higher high in America (ES for example) compared to Europe per the beginning of January). I am early to call this (it has been my preferred scenario since the middle of 2021), though I have been silent on TradingView and I will remain silent in the future (to busy with work and family life). I believe in this scenario until proven otherwise. So I act accordingly with my different option positions. ;)
So see this as a little present and enjoy it. ;)
Shalom,
Im
AEX index macro term analysisDeze doe ik het Nederlands, aangezien Nederlanders dit onderwerp direct treffen. Here we go, braise yourself.
Vermoedelijk hebben we zojuist de eerste helft van de huidige markt cycli bereikt. Op lange termijn gezien was dit een 12 jaar langdurige bull market. Daarvoor een 9 jaar bear market. Marcro termijn gesproken zijn we sinds April 2021 eindelijk weer hersteld van de 21 jaar lang durende bear market. Helaas heeft een bubbel dit mede veroorzaakt… Waar zijn we zeker van? Er is niets wat voor altijd omhoog gaat in de markten noch omlaag. Ongeacht, een bubbel barst altijd.
Na de corona “flash crash” ontstond er namelijk een bubbel. Dit is inmiddels gebarsten. Zie ‘wall-st. cheat sheet’ om te zien waar we zijn. Het is verbazingwekkend opmerkelijk. Dat alles erop wijst, wat er gaat gebeuren voor 2030… ‘Ze Great Reset’?
Ik zie 2 mogelijk gebeurtenissen. “The Great Reset” of “The return of a golden age”. Als we worst case scenario bereiken zonder dat de economie uiteenvalt. Dan gaan we waarschijnlijk een nieuw “gouden eeuw tegemoet”. Dan vormt er namelijk een super grote broadening wedge. Wat een consoliderende trend heeft maar niettemin een hoge kans voor een bullish break out. Als de economie uiteenvalt voor die tijd. Dan is er nog maar 1 keuze… The Great Reset, “where you will own nothing and be happy”…
Als dit daadwerkelijk de top is, dan is dit het begin van een bear market. Mijn inschatting is dat dit ongeveer 9 jaar gaat duren. Zeker tot 2030… Mijn advies? Financieel gezien overbodig, want jullie weten al wat er gaat gebeuren. Mijn tip, ga gauw cryptocurrency grondig onderzoeken. Mijn voorkeuren: Hex, PulseChain(eth 2.0) en PulseX(uniswap 2.0). Laatste 2 zijn nog niet uit! PulseX opoffer fase is nog steeds mogelijk! Wacht sowieso tot dat crypto markten(btc/eth/nft) een bodem hebben bereikt voordat je gaat inkopen. Beetje bij beetje lang houdbaar eten(eten in blik etc.) en drinken inslaan(vooral dit). Aangezien dit behoorlijk qua prijzen zullen gaan stijgen. Terwijl uw salarissen hetzelfde blijven.
Ik wens jullie veel geluk. Helaas kan ik niet iedereen redden. Na 10 jaar Technische Analyse, weet ik inmiddels dat de mainstream media steevast te laat is. Ofwel, "spread the word", wordt enorm gewaardeerd.
AEX ready for a trendline breakIt has been a party for the Dutch AEX for a while. However, the first signs of trend reversal are visible.
- Bearish divergence for a quite some weeks
- Shooting star candle (which is a candle pointing to trend reversal) as bounce from the bottom trendline which is contrary to the strong previous bounce back of the bottom trend line
It is an early call since the weekly isn't closed yet, but early signaling prevents people from being too late to act.
I've plotted the fibonacci retracement lines to choose your targets.
AEX at crucial POINT!As shown in the graph, the AEX index is at a crucial point. If they break the small resistance line, we can expect uptrend movement to around 800-805 points. If the resistance line holds, we can expect more downtrend or sideways movement to potentially 778 points. Drop a comment in the comment section and a like if you agree with this prediction and/or have other opinions!
Philips - Finally a breakthrough soon? PT: €100 / €115Price target: €100 / €115
Philips second-quarter earnings beat forecast as pandemic fuels demand
Philips delivers Q2 sales of EUR 4.2 billion, with 9% comparable sales growth; net income amounts to EUR 153 million and Adjusted EBITA margin improves 280 basis points to 12.6%; company announces EUR 1.5 billion share buyback program
www.globenewswire.com
Arcelor mittal (MT) back in old channelHi,
Arcelor Mittal doubled from 10 to 20 in less than 4 months. The strong uptrend didn't make any correction, till it reached the upperband of the channel that is used to trade in.
From that point it corrected perfectly fine to a decent Fibonacci level.
What we see right now is that it seems to have bottomed at 16.85 levels.
The DRSI looks oversold and the on balance volume is still moving upwards.
MACD looks perfectly fine, which makes a trade possible.
Entry: 16.85 - 17.88
Target: 21.50
Stoploss: 16.30