The question is, which way it's move next. Break down is more propably right now, but we neet to wait.
I think its an simple abc move down thats extended to the 2.618. Also good support at the price fibonacci giving me.
Measured target before we might head into major correction would be just over 700. Wow, what a strike that would be.
We think DSM Koninklijke AEX:DSM is oversold at this point. Possible bounce back to €120. Long term price target is €130 - €140.
AEX is approaching our first resistance at 534.4 (61.8% fibonacci retracement , 100% fibonacci extension , horizontal overlap resistance) and a strong drop might occur pushing price down to our major support at 505.7 (50% fibonacci retracement , 61.8% fibonacci extension ). Stochastic (89, 5, 3) is also approaching resistance and we might see a corresponding drop...
AEX is approaching our first resistance at 538.32 (78.6%, 61.8% fibonacci retracement, 100% fibonacci extension, horizontal swing high resistance) and a strong drop might occur pushing price down to our major support at 513.59 (38.2% fibonacci retracement). Stochastic (89, 5, 3) is also approaching resistance and we might see a corresponding drop in price should...
AEX is approaching our first resistance at 511.53 (38.2% Fibonacci retracement, horizontal overlap resistance, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 474.74 (Horizontal overlap resistance, 100% fibonacci extension, 50% fibonacci retracement). Stochastic (55,5,3) is also approaching...
AEX is approaching our first resistance at 512.2 ( Horizontal overlap resistance, 38.2% Fibonacci retracement , 61.8% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 477.9 (50% Fibonacci retracement , horizontal swing low support) Stochastic (55,5,3) is also approaching resistance where we might...
AEX is approaching our first resistance at 511.53 (horizontal overlap resistance, 61.8%, 100% Fibonacci extension , 38.2% Fibonacci retracement ) where a strong drop might occur below this level pushing price down to our major support at 474.74 (horizontal overlap support, 100% Fibonacci extension , 50% Fibonacci retracement ). Stochastic (55,5,3) is also...
AEX is approaching our first resistance at 510 (61.8% fibonacci retracement, 61.8% fibonacci extension, descending channel resistance, horizontal overlap resistance) and a strong drop might occur below this level pushing price down to our major support at 485 (61.8% fibonacci retracement, 61.8% fibonacci extension). Stochastic (55,5,3) is also approaching...
AEX is approaching our first resistance at 511.53 (horizontal overlap resistance, 61.8%, 100% Fibonacci extension, 38.2% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 474.74 (horizontal overlap support, 100% Fibonacci extension, 50% Fibonacci retracement). Stochastic (55,5,3) is also approaching...
Key levels to look out for, please refer to our 4 hour chart for a strategic view!
AEX is approaching our first resistance at 501.3 (78.6%, 50% fibonacci retracement, horizontal overlap resistance) and a strong drop might occur below this level pushing price down to our major support at 477.2 (78.6% fibonacci retracement, 61.8% fibonacci extension,horizontal swing low retracement). Stochastic (55,5,3) is also approaching resistance and we might...
AEX is approaching our first support at 474 (horizontal overlap resistance, 100% fibonacci extension, 50% fibonacci retracement) where a strong bounce might occur pushing price up to our major resistance at 61.8%, 38.2% fibonacci retracement, horiozntal overlap resistance). Stochastic (55,5,3) is approaching support where we might see a corresponding bounce in price.
These are the key levels to look out for when analysing AEX, please refer to our 4 hour chart for a strategic view!
AEX is approaching our first resistance at 495.2 (61.8%, 38.2% fibonacci retracement, 100% fibonacci extension, horizontal pullback resistance) and a strong drop might occur below this level pushing price down to our major support at 471.9 (61.8% fibonacci retracement, horizontal swing low support). Stochastic (55,5,3) is also approaching resistance and we might...