Banco
Banco (BCH) Up Channel ContinuationUp channel is evident and still intact
I have sketched a few chart patterns with the first smaller one being a symmetrical triangle leading to bullish breakout
The second being a larger overall rising wedge that encompasses the entire price structure history.
I see a short term bull continuation and then a possible bear takeover. I have shown this short bull move with green bars pattern.
Weekly timeframe
#BBVA - #Banco #Bilbao saved? #Spain #tradingviewI have been following this count for quite some time now.
Bailout Spain has arrived as expected.
All the centralbank money and buying of zombidebt could cosmetically save the balance sheet of Banco Bilbao and possibly start a turnaround.
But I will definitely not buy the share.
The first riots have also started extraordinarily early.
The CoronaLockDowns will significantly intensify the eruption of the riots in the coming months and years. As a tourist country, many Spanish families with hotels and restaurants and so on are dependent on the guests.
They are faced with the shattering of their existence and with a hungry stomach, people quickly become angry.
The LockDown governments of Spain will probably have to flee soon if they want to survive the economic collapse and the subsequent lynching.
Greetings from Hanover
Stefan Bode
SAB aims higher - High Prob Trade - 16.08.2019Dear all,
Here's a quick trade short term that could play out the next week. There was a huge sell off few weeks ago, so that enhances the probabilities for the pattern to play out.
PROS:
- European Central Bank just whispered (not official) that the the 12th of September they will announce new measures to enhance liquidity and that a possible escenario could be to start buying Equities from private companies in addition to the TLRO's already done with sovereign bonds .
- Volume divergence is clear enough during this sell off.
STRATEGY
Buy the upper part of this week's closing figure (green line, please do use a LIMIT ORDER ) with stop loss (red line) and aim for a 10-11% target.
***NOT FINANCIAL ADVISE, JUST FOR EDUCATIONAL PURPOSES***
BMA - MacroBanco Macro en búsqueda de los $220 luego de recuperar la caída producida por la posible vinculación con el dueno del banco. rompiendo al alza la barrera de los 200$ habilita ir a buscar la resistencia en los $220 donde existe resistencia importante.
MACD semanal en senal de venta. (nunca considerar como recomendación de compra/venta de activos)
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