BMW
Tesla vs Daimler vs BMW Market Cap and revenue Tesla Market cap is valued at 184.88B with a Revenue of 24.58 billion USD (2019) while Daimler AG, commonly known and referred to as Mercedes, has a Mkt cap of 39.28B with a Revenue of 172.7 billion EUR (2019) and BMW has a Mkt cap of 37.04B with a Revenue: 104.2 billion EUR (2019).
Also Tesla’s new registrations fell 37% in California during the coronavirus pandemic, said today`s report (6/17/2020).
The indicators are showing a huge overbought level.
I`ve entered a short till the Fib 618 level of 614 USD.
BMW analyse 1 mounth BMW is for buy and if we break the first resistance we double our position as a buyer.
BMW Short BiasBMW price just touched a weekly area of demand, but according to my set of rules. We are still in a downtrend. price approached the 20 ema spotted in the weekly time frame. A supply imbalance was created in the Daily time frame. Allowing us to take the short as a confirmation trade. of course, I'm not right 100% of the time so , use proper risk management if taking the short trade. I recommend 1%.
BMW Historical ChartBmw Fibonaci Levels.
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BMW at key level of support, Looking for a bouncebounce trade:
- Overextension to the downside
- touching key support level from strong trendline
CORONA VIRUS @ BMW!!!!! Stock Price 40€ soon?First Corona Virus identified @BMW.
Thus, I expect that the price will further drop, 40€ soon?
See here news: www.merkur.de
No financial advice!
Bottoming of the BMW share?We may see the beginning of a bottoming out of the BMW share with a subsequent upward movement in the medium-term price development.
Before it's here, it's on analysta.net ;-)
...read the full text on www.analysta.net
Math Is The Answer.
BMW: Don't Miss This Buying Opportunity
Hey traders,
I have a bullish forecast on BMW stocks.
analyzing the price fluctuations on a daily you can clearly see the convergence of multiple technical elements:
65 is a strong horizontal structure support level
this level matches with the retest of a broken resistance of a falling channel
perfect confluence with 618 retracement of the last bullish impulse
oversold rsi
with that in mind, we can freely buy bm stock from the current prices!
target levels will be:
70.5
76.5
please, support the idea with like!
BMW - Buy 05/02/2020Friends, please before reading, support this idea with your Like and any Comment, thanks.
You can buy BMW from 65-70
Stop-loss at 58
You will find more trading ideas in SAV Finance community.
BMW - Near resistance level!Hello dear friends,
Currently BMW stock showing divergence of bullish momentum near resistance level which suggests that may see a correction the forthcoming days, use this ascending trend line as a trigger for your short trade and target lower support levels.
Good luck!
BMW - DAILY CHARTHi, today we are going to talk about Audi and its current landscape.
BMW it's poised to gain traction on the market since Tesla today has shaken the European auto markets by announcing that it has chosen the region of Berlin in Germany over the U.K to be the new engineering and design center site. A big step for the company that until now had to rely on a single plant in Fremont, California, to sustain the whole Tesla produce chain. The new Tesla factory should become fully operational only in 2021, according to Musk estimates.
The establishing of Elon Musk company on European soil sets a significant threat to the European automakers, which can be seen in a type of allegory represented by the Golden Steering Wheel award that Musk received in Germany yesterday. The prize was due the Model 3 been elected the midsize car of the year, beating the BMW and Audi models. We must remember that several countries on the European Union like Norway, Germany, France, U.K, Scotland, Netherlands and Ireland, have been making efforts to drastically reduce its using of fossil fuels cars, as an effort to diminish pollution. With the expansion of Tesla manufacturing network, with possibilities of more accessible prices, Tesla that it's already ahead on the electric car race will have the upper hand on the sector, and it might weaken its European competitors.
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BMW, General Motors, Honda, Ford and Renault are working with tA group of major automakers are about to hit the road with the first field testing of a blockchain-based vehicle identification network next month in the U.S.
As reported by Nikkei Asian Review, BMW, General Motors, Honda, Ford and Renault are working with the Mobility Open Blockchain Initiative (MOBI) on integrating the system to automatically make payments on typical commuting runs without the need for cash or credit and debit cards.
By assigning vehicles unique identities that store data such as ownership and histories on a blockchain, the industry initiative aims to remove the need for a human when settling tolls and parking fees.
Founded in May 2018 by multiple major car manufacturers, MOBI has been working to enable the sharing of road data between manufacturers, a step towards developing self-driving cars.
As Nikkei writes, participating vehicles would eventually be able to automatically pay expenses once plugged into other networks such as charging or refueling stations.
MOBI is also looking into incorporating cryptocurrencies. One such system involved compensating users in crypto for putting energy back into the power grid following an outage.
A number of automakers are looking at blockchain for facilitating processes such as payments and data sharing, especially for the not-so-distant future where automated vehicles have become the norm.
This summer, CoinDesk reported how Daimler – parent company of Mercedes-Benz – partnered with blockchain firm Riddle & Code to produce a hardware wallet for automobiles. Looking long term at solutions for self-driving vehicles and car-sharing platforms, the firms’ wallet would also create a cryptographic identity for vehicles.
Jaguar Land Rover too is looking at rewarding drivers in cryptocurrency in return for their data
BMW to bounce off next resistance? Let me know what you guys think, but looking at the RSI and the given data, I think BMW won't cross the 70 barrier.
Might be a good idea to short when the RSI goes down from 70 again.
Any suggestions?
Automobile manufacturing business is sufferingMajor automobile manufacturers including Maruti Suzuki India, Hyundai, Mahindra & Mahindra, Tata Motors and Honda on Sunday reported a high double-digit decline in their sales in August as the Indian auto sector continued to reel under one of the worst slowdowns in its history.
It looks like there is no reason for the reversal yet...
BMW Monthly Statusstrongest support for BMW as MA200, bottom of channel and 61.8% Fibonacci level
XETR:BMW
DAX is greenI Will take a closer look at RSI lvl 50 and MA200. The reason is if the price holds above MA200 and the RSI 50 is crossed then new trade can be made. Anyway, DAX holds many right now oversold stocks such as BMW, LHA, DAI...
