BANK
Bank NiftyShort till 19890 Tgt 19300-18700-18300 Stop Loss 20150 (All spot levels) (Short Term Positional Trade.
EUROSTOXX BANKS 600 , SPREAD BUND10Y-SCHATZ2YAlla vigilia del ADC di Unicredit, non sono molto ottimista sul futuro del settore bancario Europeo.
Il future si trova poco sotto l'area di accettazione posta a quota 176, round number, VAH 2015-2016, importante HCR settimanale (ed in passato anche LCR sul quale il future è più volte rimbalzato), dove sono allineati più High/Lows e peraltro livello coincidente con il 50% di ritracciamento di Fibo del trend discendente da i massimi del 2015 in area 227. StochRSI in ipercomprato che evidenzia un primo segnale di perdita di momentum del trend (peraltro ancora saldamente rialzista)
Attenderei che il prezzo si avvicini di nuovo in area 176 con l’obiettivo di comprendere se il livello manterrà il suo stato attuale (resistenza) oppure verrà violato provocandone un cambio di stato (supporto). Se la candela settimanale chiudesse al di sotto del livello (PBTB), tenterei un'entrata SHORT , con SL 10 tick sopra la candela della prima settimana dell'anno e primo TP in area 160 .
L'elevato Risk/Reward ratio sarebbe garantito dell'area di rigetto compresa t r a 170 e 160, dove il prezzo incontrerebbe poche resistenze sul suo percorso.
Eventualmente accompagnare il trade seguendo in ottica intermarket l'andamento dello spread BUND10Y-SCHATZ2Y che in passato ha mostrato correlazione diretta con il future bancario europeo, la cui discesa confermerebbe la direzionalità.
RBS potential to reach 99$ price areaFor your long swing account. You will have many opportunities to add more to the trade so still once reaching 1:1-or-more ratio remember to consider taking profits to remove your risk.
BAC overbought by way too much!!!I'm shorting this big time on Monday. This rally has been nothing but started from speculations and headlines. Reality will hit soon.
DB Deutsche Bank looking have space for some upsideAt this moment i recommend enter LONG. DB with more clear view than DAX indice. MACD crossing bullish.
USDCAD: Tonight's Bank Of Canada rate trading ideaUSDCAD: Tonight's Bank Of Canada rate trading idea
ZARJPY Long based on Gold and Central Bank ViewI am looking to position myself for positive gold moves, and inflation threads. I belive this way FX_IDC:ZARJPY we can get very good reward and less risk than trading directly gold or silver. Investors are not fully discounting this instrument as there are political problems in Africa.
Great Near Term Short for Citi GroupRSI is starting to go through the roof, and Williams VixFix is significantly weakening. Almost everytime this has happened since early last year, it pullsback.
Bank of America: Encouraging Elliot Wave ActivityLast Wave III is shorter than last wave I --> thus, wave 5 won't be same length as wave 1. But not only does it look like we have a buying opportunity before wave 5, higher lows have been suggesting potential future growth. Best, Matt
Royal Bank of Scotland is next be hit with a hefty US settlement"...Its progress with the DoJ is particularly important to Royal Bank of Scotland, because the British lender is also expected to be hit with a hefty US settlement . RBS posts third-quarter results tomorrow but is not expected to give a substantial update on its DoJ talks because they are not thought to be at an advanced stage ..."
27 OCTOBER 2016 • 2:33PM
Source: www.telegraph.co.uk
Possibly a very good place and time to plan a short position - technically and fundamentally.
Another Bad Stock For The BucketFirst Hawaiian Bank. Reminds me why I hate banking stocks. Owned by BNP Paribas, this guy some how got its mitts on $485m from the public. Brace for impact of most likely highs of 27-28. Banks love to screw the public.
Deutsche Bank AG NA ON (DBK.DE) Potential Bullish ButterflyDeutsche Bank AG NA ON (DBK.DE) is seems to be forming a Potential Bullish Butterfly with PRZ at BC Projection at 7.90 and XD at 2.52
DEUTSCHE BANK - BYE BYEOn the 30. September or the 2. Oktober could be a possible collaps of the financial system.
First to fall, I think, would be Deutsche Bank AG.
GBPJPY Towards it self into the next major resistance level GBPJPY been running low and retesting the bottom couple of times and we finally see breakout into the bull side.
Now we wait to see the next resistance to be broken as additional bull power for those among us who buy GBPJPY.
For newbies, some free education videos:
www.youtube.com
www.youtube.com
www.youtube.com
super correction in yes bank after a superb rally the super giant yes bank is heading for a super correction
it may go down to 1138 levels or might even touch 1082 levels
BMA - Banco MacroIn our last post we recommended to buy $BMA, now the share is very near of USD 70. It's a good opportunity to buy this stock.
Now the stock is trading between USD 70 and 73.
LONG POSITION ON SANTANDER S.A. - D1FOR THOSE WHO DO NOT KNOW SANTANDER S.A. IS ONE OF THE MOST IMPORTANT BANKS IN SPAIN. THE STOCK VALUE HAS BEEN DECREASING SINCE MAY 2015 WHEN THE PRICE WAS WORTH 6.80 € A SHARE. NOW SANTADER IS 3.87 € A SHARE AFTER 1 YEAR AND 3 MONTHS APROX.
THIS FALL HAS STOPPED NOW. FIRST SIGN OF CHANGE OF DIRECTION WAS THE TRIPLE GROUND SUPPORT LEVEL BELOW. THE MARKET CHANGED DIRECTION AND IT HAS BEEN FORMING A SOLID TRIANGLE PATTERN WHICH HAS BEEN FINALLY BROKEN.
I HAVE PUT A BUY LIMIT ORDER AS YOU CAN SEE LOOKING FOR THE RETESTING OF THE TRIANGLE. IF IT HAPPENS WE COULD MANAGE TO DO A VERY NICE ENTRY TOWARDS TO FURTHER RESISTANCE LEVELS FROM THE PAST YEAR AND 3 MONTHS AND LOOK FOR MANY BENEFITS!
TELL ME WHAT YOU THINK ON THIS!!
CARLOS
#UNICREDIT - NEXT EUROPEAN BANK WITH A BREAKOUTUnicredit is the next European Bank to stage an impressive base breakout. EU Banks are at a turning point, outperforming, and have a lot of catch-up to do. Technicals look great. Unicredit appears to move into a vacuum and I see immediate upside into 2.75/.77
I'm a chart analyst, not a fundamental analyst, but here are a few thoughts what could drive EU Banks outperformance. Fundamentals continue to look awful, however there are a few tailwinds from:
- bank CEO acknowledging structural weaknesses (DBK CEO y'day)
- serious consolidation talks
- FED rate hikes
