BMW Long Resault: 13.5% Profit✅According to the pullback, the resistance is broken and the pullback confirmation can be entered into a buy position with the target of the specified high level.
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Sell signal Prosus N.V. Just entered a short position in EURONEXT:PRX .
Entry @ 87,75
Stop @ 91,20 (-3,9%)
Target @ 75,20 (+14,3%)
There's long term divergence MACD (sell signal given) and RSI (sell signal given). DMI confirms with a DI - > DI + and ADX rising; confirming downtrend.
At the moment there's some gap filing going on, it's just waiting for the red rising support line to be broken and the next down gap to be made ...
Target is the support @ 75,20 which has been formed with big volume, so I assume it's kind of solid.
Warning! AEX shows topping formation Hi everyone,
Today I want to warn you that the AEX-index shows double top formation.
At first, AEX looked quite strong: breaking out of the rising wedge, but now it broke back into the wedge and formed a bearish formation.
Trade safe and take some profits I would say.
Will TomTom move down after disclose of earnings in april '18 ?TomTom is struggling.
That is no secret.
The businessmodel of selling navigation-devices to the public is destroyed by Google Maps and by onboard navigation in new cars.
They tried wearables, but it did not work out so they abandoned it.
They work on automated driving software now, but that will not replace the cashcow for time to come.
Their most valuable asset at this point is the maps-division.
The hope of investors is a takeover by Apple.
Might happen, but TomTom as a company is cornered.
Looking for more downside to come.