Carlsberg Hangover Incoming? Carlsberg
Short Term - We look to Sell at 972 (stop at 1037)
Preferred trade is to sell into rallies. We have a 61.8% Fibonacci pullback level of 984 from 1131 to 747. 200 1day MA is at 1012. Previous resistance located at 980.
Our profit targets will be 747 and 712
Resistance: 900 / 980 / 1100
Support: 800 / 750 / 700
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Carlsberg
Carlsberg Major Support & ResistancePersonally, what I learnt is there must be a Technical Analysis Strategic Plan in order to increase the risk-to-ratios favourable risks.
1. Draw Support & Resistance
2. Identify the stages (Accumulation, Advancing, Distribution, Declining)
3. Entry Triggers
4. Stop Loss
5. Exits
I have learnt during my past mistakes that we should let the stock price comes to us, rather than us chasing the stock prices!
Carlsberg Momentum Lost, Monitor for Re-entry Position
First I always look at the chart first, identify which market structure we are in?
Personally, I look at Carlsberg now currently breaking below EMA 20, while hovering around EMA 70, if broken it will head to around MYR 20 area.
Myr 20 area for Carlsberg will be a lower downside risks investment. Currently not suitable for entry while we continue to monitor.
I have learnt during my past mistakes that we should let the stock price comes to us, rather than us chasing the stock prices.
Kindly follow me more for value investing =) Lets keep learning together!
Carlsberg heading into Advancing Stage, Can Ride on the trend~Carlsberg Stock Analysis
First I always look at the chart first, identify which market structure we are in?
Personally, I look at Carlsberg now currently heading into Advancing Stage
Share Price rise above EMA 20 & 50. Personally will wait for the next retracement towards EMA20 for entry, as well as draw Support & Resistance Line to setup Cut Loss Point when entry.
I have learnt during my past mistakes that we should let the stock price comes to us, rather than us chasing the stock prices.
Kindly follow me more for value investing =) Lets keep learning together!
AVANTIUM 2023 Carlsberg e Coca-Cola GREENLE MIE IDEE semplici
AVANTIUM-AVTX: Carlsberg e Coca-Cola progetto (pionieristico) per realizzare bottiglie per bevande `` tutte vegetali ''
Disclaimer vi chiedo di prendere atto , con attenzione e diligenza, che tutte le informazioni e le IDEE da ME pubblicate non devono essere considerate Grazie
Big Brewer Shares in Coronavirus Hangover168 = Tsingtao Brewery Group
600573 = Beijing Yanjing Brewery
SPX = S&P 500
CARL = Carlsberg Group
HEIA = Heineken N.V
TAP = Molson Coors Brewing
ANH = Anheuser-Busch InBev --- owns Corona beer brand
(This list excludes mixed drink companies like Diageo (DGE).)
As can be seen in the chart above, the US and European brands all significantly underperformed the S&P 500 as a benchmark. Only the two China-based brewers have outperformed but like most share prices globally, are still down on the year.
Possible opportunities --
Opportunity A: Corona beer
Whether Corona beers retain popularity or not following the pandemic could determine whether the AB InBev share price is fairly-valued.
Opportunity B: Asia growth
Long term growth potential in Asia could be a factor in the share price performance of China-based brewers.
Asia-Pacific is the largest and one of the fastest-growing market for beer consumption, which accounts for about one-third of the global market share. Business Wire, April 9 2020
Opportunity C: Microbrewery takeovers
The pandemic could mean more microbreweries are acquired by the big brewers, giving brewers more popular brands and reduced competition.
What do you think about the future of beer and the brewing industry? Share your thoughts with your account manager or join a live LCG webinar.
CARLSBERG (CARL_B) | Beer Lovers, This Might Be Your Chance! :)Hi,
Carlsberg A/S produces and sells beer and other beverage products in Western Europe, Eastern Europe, and Asia. The company provides craft and specialty, and non-alcoholic beers; and soft drinks. It offers its products primarily under the Carlsberg, Baltika, Tuborg, Birell, Ringnes, and other local brand names. Carlsberg A/S also exports its products to approximately 100 countries worldwide.
Carlsberg has started aggressively to approach technically a great support area. Those kinds of market situations are the perfect chance to buy stocks that have been in your watch-list for years. Now, the market offers really great buying opportunities to buy those stocks from technically great and strong price zones.
Carlsberg's buying prize zone stays between 500-600. Technically it would be a perfect area to buy it or even grow your shares on Carlsberg.
For those who like beer, this is a great opportunity to justify their few evening beers with "support purchases", you just buy a beer and trying to push the price up, hopefully, it would be a good excuse! :D
Okay, technical criteria are:
1) The blue horizontal line marks 4-5 years highs and lows, it has been a really powerful resistance level which now should act as a really powerful support level.
2) Different Fibonacci retracement levels adding strength to the marked buying area, acting as support levels.
3) If the price falls as low as 500 then the round number should act as a support level.
4) 50% drop from the all-time high. It lands perfectly into our buying zone.
5) Monthly EMA200, the most powerful Moving Average combination should work as a support level.
6) Parallel channel projection (pulled from candle bodies), the projected lower trendline should add just a bit of strength into the marked area. Not the best criterion but good to know that the possible channel projection "runs" through the buying area.
Do your OWN fundamental research and if this matching with my technical analysis viewpoints then you are ready to go! If it doesn't match then...SKIP IT!!
Good luck,
Vaido