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Goldenpocket

SIEMENS ENERGY - prime example of technical analysis!Hello dear readers, Today I have brought you SIEMENS ENERGY, a particularly exciting stock. Due to the low price history, it shows us in a perfect example what technical analysis can do! First a few facts Siemens Energy AG Legal form: stock corporation ISIN: DE000ENER6Y0 Incorporation: 1 April 2020 Headquarters: Munich, Germany Management: Christian Bruch (CEO), Joe Kaeser (Chairman of the Supervisory Board) Number of employees: approx. 92,000 Turnover: 27.5 billion euros Sector: Electrical engineering, power engineering Website: www.siemens-energy.com Brief portrait Siemens Energy AG is an electrical and power engineering company based in Munich. Its portfolio includes power generation, power transmission and industrial solutions in both conventional and renewable energy. The renewable energy activities are managed by the subsidiary Siemens Gamesa. Siemens Energy was created through a spin-off from Siemens AG. The shares of the new company have been traded on the stock exchange since 28 September 2020. Chart assessment The chart is wonderfully clean, the structure is undoubted and clear. A clear rally can be seen, followed by a correction, in which the share price currently finds itself. This gives us the perfect setting to apply technical analysis! Basically, many people are currently thinking of buying into this share. But when and at what price? This is exactly where technical analysis can help by pointing out points of interest! In other words: Instead of simply entering somewhere, we use corresponding circumstances that can be determined by a clear set of rules and at which there is a higher probability that the price will react as we would like. - The price is in a potential positive trend (confirmation by a new high is still missing). - Currently the price is in a consolidation in the form of a bull flag . The trend lines of the bull flag are clean and clear on both the upper and lower side! - The normal correction of this movement is at the Golden-Pocket at approx. 24 points. And what does this bring us now? Purely visually, a lot is already clear here! Does it make sense to buy on the off chance within a negative trend channel? Probably not, at least from my point of view! Instead, I want to determine points at which I expect the probabilities to shift in my favour! Since this chart is so wonderfully clean, the simple structure does not obstruct the view of the essentials. From this, exactly 2 possibilities can be derived for me! The plan 1. the golden pocket, as support of the trend and starting point of the normal correction, is always a good choice. So if the price should run up to the zone around 24 points again, I will start building up my long-term long position here. In 99% of cases, the golden pocket is the only point where I am prepared to buy into a negative secondary trend. 2. classic: the break of the bull flag . This indicates a change in the market structure and an end to the correction. The break of a flag is a sign of departure. Of course, we also get false signals here, but such situations are quite accurate. Price targets - The possible price targets of a breakout cannot be determined precisely at present. For this it is necessary to first guess the low of this movement. Assuming that the correction would run here to the golden pocket, we are talking about a price target around 40 points. Updates on this topic will follow. If you want to support my work please Like & Follow 🙏 Many greetings & success! Chartdigger
SWB:ENRLong
by CRV_Trader
40% Crash at TESLA ? Hello dear readers, I already made it clear in my last analysis that I see Tesla short in the medium term. Now that further candles have formed on the chart, the situation can be assessed more accurately. Chart-technical assessment - Tesla currently appears to be in a correction. - Only wave A has been formed so far, so there is a certain expectation that another wave (C) of the correction is coming. - At the moment, the last sell-off is being consolidated in a pennant. A break of the lower trend lines should generate renewed momentum towards the south. - As a classic trend continuation formation, an ABCDE formation is formed in a pennant. Two more waves can be expected within the pennant. Options - If the pennant is broken to the upside, the short scenario is in acute danger. - If the golden pennant breaks around 770 points, the scenario is obsolete. - The price target of a breakout on the downside is the zone around 400 points. Best wishes & success! Max
NASDAQ:TSLAShort
by CRV_Trader
8
UPDATE 70 % Chance - BITCOIN GROUP SE analysisHello dear reader, This analysis is an update of the trading idea on Bitcoin Group presented on 20 March. - The entry was picked up almost exactly - With today's daily candle and a bullish move of more than 10%, the bottoming seems to be completed. - The SL is tightened to the entry in order to have a hedge against losses. - Now the trade can unfold undisturbed. The price targets remain fixed. This means that this opening can even eclipse the performance of the BTC :) If you want to support my work I am happy about a Like & Follow 🙏 Many greetings & success! Chartdigger
SWB:ADELong
by CRV_Trader
40 % chance with BOEING Hello dear readers, Boeing is currently in a stable uptrend. I would like to go long on the next wave. - I hope for a correction that pushes the price into the buy zone so that I can build up a position here. - The trend channel should not be broken with the closing price so that the idea behind the trade remains valid. - The subsequent expected long movement should drive the price into the sell zone, where I would then like to reduce my position again. The expected profit on this trade is around 40%. Now we have to wait and see whether the correction sets in soon. If this is not the case, the idea is invalid. If you want to support me: Like & Follow 🙏 Best wishes & success! Chartdigger
NYSE:BALong
by CRV_Trader
2
Apple share price analysis - The decision has been made!Hello dear readers, The correction in Apple ended with a clear positive week. The cross support of the golden pocket and trend line was tested hard, but held. Now the price is showing the appropriate reaction and can clearly pull away. The medium-term outlook is therefore positive! The price target of the current movement can be derived on the one hand from the Fibonacci expansion and on the other hand from the trend channel and thus lies at approx. 158 points. As long as the trend channel is not broken downwards, the chart remains positive. Only a break of the trend channel would put the long scenario in danger. Don't forget to Like & Follow if you like what you read :) Best wishes & success! Chartdigger
NASDAQ:AAPLLong
by CRV_Trader
Bitcoin Price Analysis - Attention, it's getting serious!Hello dear readers, The bitcoin BTC price situation is extremely tense and a decision is approaching that is likely to shape the picture in the medium term. The upper resistance area and the trend channel are playing against each other. The resistance zone, marked in red on the chart, appears to be a massive hurdle, which 13 daily candles have now failed to clear. On the other side is the trend channel, which supports the price from below and pushes it further upwards. Long scenario If the upper resistance area can be broken, a strong dynamic long move is expected. The first price target of a breakout is around USD 70,000. Short scenario The resistance area pushes the price out of the trend channel. The consequence is likely to be a partly stormy correction. Two price targets can be identified, which lie at approx. 50,000 USD & in the further course at approx. 41,000 USd. Don't forget to Like & Follow if you like it :) Many greetings & success! Chartdigger
BITSTAMP:BTCUSD
by CRV_Trader
Double bottom with $60 chance - GOLD price analysisHello dear readers, Today we take a look at the gold chart. - We are looking at a potential reversal formation in the form of a double bottom. - The break of the neckline activates the price target of the formation at $ 1825 - The golden pocket of the last downward movement stands as strong resistance at around $ 1765 in the chart The plan - I would like to wait for a clear breakout - I want to use a possible retest of the breakout zone around $ 1750 for a long entry. - The price target of this movement is between $ 1813 - $ 1825. - As we are still in an overriding correction, I want to quickly tighten the SL. Don't forget to Like & Follow if you like it :) Many greetings & success! Chartdigger
TVC:GOLDLong
by CRV_Trader
1
55 % chance - HYUNDAI share price analysisHello everyone, Today I am taking a look at the Hyundai chart. The situation is not acute at the moment, but for the watchlist. - Hyundai was able to overcome important resistances with the last rally. - I expect a further positive development in the medium term. - The share price is currently in a correction - For a possible entry, the price still has to fall by approx. 25%. The plan - Entry at the golden pocket of the last rally - Support is provided by the MA200 - The buy zone is extended by the horizontal support of the horizontal support zone - The possible entry seems almost too good to be true. However, if the corresponding zone is not approached, I will not open a position here. Buy zone: 31.8 - 29.4 points Target zone: 49 points With this in mind, Good luck & Keep it simple! Max
HLong
by CRV_Trader
70 % Chance - BITCOIN GROUP SE Share Price AnalysisHello everyone, today we take a look at the chart of the Bitcoin Group - The normal correction seems to be over - From a chart perspective, the next bull run should now be on the cards - Horizontal support levels support the zone around 46 points The plan - I want to build a long position around the 48 point level - The golden pocket of the last rally is the main support that should not be undercut by the weekly closing price. - The last high serves for me as the main target for a trade. Buy zone: 44 - 48 points Target zone1: around 83 points Target zone2: around 100 points With this in mind, Good luck & Keep it simple! Max
SWB:ADE
by CRV_Trader
55 % chance - ALIBABA share price analysisHello all, Today I am taking a look at the Alibaba chart, - The price is in a positive overriding trend. - Alibaba shows a tendency to break through the golden pocket once in a correction, but then to continue to run positively in the trend. - This breakthrough has already been made in the current correction. - The second reaction at the golden pocket looks encouraging - In the long term, the current trend channel could consolidate further The plan - I would like to take a long position at the cross-support of the golden pocket and the lower trend lines. - If the price does not touch the golden pocket again in combination with a trend line, I will not find an entry point and remain a spectator. - As a long-term price target I use the trend-based Fib extension - One for the watchlist, no trade is acute yet Buy zone: 227 - 222 points, only in combination with a trend line Target zone: 360 points With this in mind, Good luck & Keep it simple! Max
NYSE:BABALong
by CRV_Trader
25% opportunity in focus - LONDON STOCK EXCHANGE price analysisHello all, Today I'm going to take a look at the chart of the London Stock Exchange: - The price is currently in a sharp correction - The price is in an overriding upward trend - The last correction was similarly dynamic, but it was stopped at the golden pocket and then the price was able to mark a new high. - An upward trend channel seems to be established The plan: - I would like to enter long at the golden pocket of the last rally. - The supposed trend channel serves as cross-support here - Definition of two target zones - If the weekly closing price falls below the trend channel and the golden pocket, the idea is off the table. Buy zone: 80 - 83 points Target zone 1: 103 - 105 points Target zone 2: 138 points With this in mind, Good luck & Keep it simple Max
FWB:LS4CLong
by CRV_Trader
ROLLS ROYCE price analysis - take-off with 70% profit?Hello everyone, Today I want to share my thoughts on Rolls-Royce. - I'm not really a fan of a shoulder-head-shoulder formation, but this time the targets just fit too perfectly in a fundamentally friendly market environment - The price is about to break out of the bottom formation - I expect a dynamic breakout The plan - Enter on a weekly close above the upper trendline, or on a retest after the breakout - Trade to the golden pocket of the last correction - Almost 70% profit seems possible without touching the downtrend With this in mind, Good luck $ Keep it simple Max
LSE:RR.Long
by CRV_Trader
1
BITCOIN TO REPEAT PATTERN?BTCUSD. As we approach the Golden Pocket on Fib Retracement once again on the Daily I have decided to draw a comparison between the last 2 Major Bull Runs. Blue = 2019 Bull Run Bar Pattern Orange = 2017 Bull Run Bar Pattern History shows us that the last 2 runs have had a major bounce within the Golden Pocket (0.5-0.618) $40318-43714 and as former Daily Support approaches im interested to know your thoughts on final retracement level. What do you see? Continuation, Failed Double Top attempt or something new. "DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."
BITSTAMP:BTCUSD
by Trader_Johnni
3