SocGen (GLE.pa) bullish scenario:The technical figure Triangle can be found in the French company Société Générale S.A. (GLE.pa) at daily chart. Société Générale S.A., often nicknamed "SocGen", is a multinational investment bank and financial services company. The company is a universal bank and has divisions supporting French Networks, Global Transaction Banking, International Retail Banking, Financial Services, Corporate and Investment Banking, Private Banking, Asset Management and Securities Services. The Triangle has broken through the resistance line on 23/12/2021, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 12 days towards 31.065 EUR. Your stop loss order according to experts should be placed at 27.770 EUR if you decide to enter this position.
The U.S. Department of Justice on Tuesday ended a criminal case against Societe Generale SA related to violations of U.S. sanctions, after the French bank agreed to pay $1.34 billion and met the terms of a three-year deferred prosecution agreement.
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Memestocks
General Electric Company (GE) breakout the PennantThe technical figure Pennant can be found in the US company General Electric Company (GE) at daily chart. General Electric Company is an American multinational conglomerate incorporated. Until 2021, the company operated through aviation, power, renewable energy, digital industry, weapons manufacturing, locomotives, and venture capital and finance, but has since divested from several areas, now primarily consisting of the first four segments. The Pennant has broken through the resistance line on 22/12/2021, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 10 days towards 100.98 USD. Your stop loss order according to experts should be placed at 88.17 USD if you decide to enter this position.
With a market capitalization of $98.8 billion, General Electric currently stands to gain from solid contract wins, acquired assets, a strong liquidity position, and the restructuring of its portfolio. However, supply-chain hurdles are likely to remain concerning.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Cofinimmo (COFB.br) bearish scenario:The technical figure Triangle can be found in the Belgian company Cofinimmo SA(COFB.br) at daily chart. Cofinimmo is the foremost listed Belgian real estate company specialising in rental property. The company owns a property portfolio worth over €4 billion, representing a total area of nearly 2,000,000m² spread over Belgium, The Netherlands, France, Germany and Spain. Its main investment segments are healthcare properties (nursing and care homes, revalidation clinics, psychiatric clinics, medical office buildings,...) and offices, and property of distribution networks (portfolio of pubs let to AB InBev and portfolio of insurance branches let to MAAF). The Triangle has broken through the support line on 21/12/2021, if the price holds below this level you can have a possible bearish price movement with a forecast for the next 17 days towards 131.30 EUR. Your stop loss order according to experts should be placed at 140.40 EUR if you decide to enter this position.
Belgium-based real estate investor, Cofinimmo, has announced another round of acquisitions. It will acquire three nursing and care homes in Germany – two in Essenheim and one in Bruchmühlbach-Miesau, and plans to build a new property in Andalucia, Spain. The investment for the three sites in Germany amounts to approximately €39m.
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FedEx Corporation (FDX) bullish figureThe technical figure Triangle can be found in the US company FedEx Corporation (FDX) at daily chart. FedEx Corporation is an American multinational conglomerate holding company focused on transportation, e-commerce and services. The Triangle has broken through the resistance line on 18/12/2021, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 7 days towards 275.00 USD. Your stop loss order according to experts should be placed at 238.42 USD if you decide to enter this position.
Also, FDX is a good idea for investors looking for total return with a dividend kicker as a long-term investment.
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meme stocks imploding quietlyAll the risk on speculative meme stocks are breaking below significant technical levels and well below their 200 day moving averages. A sign that liquidity is drying perhaps as the fed is likely to start withdrawing liquidity in their meeting tomorrow at an accelerated pace.
Heineken NV (HEIA.as) bearish scenario:The technical figure Triangle can be found in the Dutch company Heineken NV (HEIA.as) at daily chart. Heineken N.V. is a Dutch multinational brewing company. Heineken owns over 165 breweries in more than 70 countries. It produces 348 international, regional, local and speciality beers and ciders and employs approximately 85,000 people. The Triangle has broken through the support line on 01/12/2021, if the price holds below this level you can have a possible bearish price movement with a forecast for the next 63 days towards 81.16 EUR. Your stop loss order according to experts should be placed at 99.26 EUR if you decide to enter this position.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Buy $ACOR - NRPicks 12 NovAcorda Therapeutics, Inc. a biopharmaceutical company, develops and markets therapies for neurological disorders in the United States. The company markets Ampyra , an oral medication to improve gait in patients with multiple sclerosis (MS).
DWAC Epic Market On Close VolatilityInto the final minutes, $DWAC was trading at $39 a share at about 3:58pm. It then flushed to $36.69 by 3:59 only to reverse and close at $42.29 by 4pm. It hit a high of $59.39 before closing at $55.40 after hours. This is off of news that they have reached a fundraising target. With Jack gone and the recent distribution in names like $TWTR and $FB, is this a rotation into a competitor? Or is it a rotation from meme stocks such as $GME, $AMC, $CLOV, $BB, and $BBBY that have recently rolled over? Either way, this is nothing short of epic volatility.
Oracle Corporation (ORCL) channel upThe technical figure Channel Up can be found in the US company Oracle Corporation (ORCL) at daily chart. Oracle is an American multinational computer technology corporation. The company sells database software and technology, cloud-engineered systems, and enterprise software products—particularly its own brands of database management systems. In 2020, Oracle was the second-largest software company in the world by revenue and market capitalization. The Channel Up has broken through the support line on 01/12/2021, if the price holds below this level you can have a possible bearish price movement with a forecast for the next 38 days towards 84.76 USD. Your stop loss order according to experts should be placed at 98.95 USD if you decide to enter this position.
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American Express (AXP) bearish scenarioThe technical figure Channel Up can be found in the US company American Express (AXP) at daily chart. The American Express Company is a multinational corporation specialized in payment card services. The company was founded in 1850 and is one of the 30 components of the Dow Jones Industrial Average. The Channel Up has broken through the support line on 27/11/2021, if the price holds below this level you can have a possible bearish price movement with a forecast for the next 57 days towards 141.13 USD. Your stop loss order according to experts should be placed at 189.03 USD if you decide to enter this position.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
AMC 2-3x after $57 markTaking the fib retracement (indicator)
from the bottom to the top
you get the 0.618 GOLDEN RATIO @ about $27
- low and behold that's exactly where we found support
Taking the same indicator
from the top to that botton
will give us the GOLDEN RATIO (0.618) at about $57
- this is where price should test
thats about a 35% move to the upside
Now, taking the TREND BASED FIB EXTENSION (indicator)
from bottom to top to the Golden Ratio (0.618
it gives me my take profit levels
0.786 should be used in bear market
(but theres no such thing because the govt keeps printing
)
1.618 should be used in a bull market
in this case $144 is the 1.618
although it can go higher as meme stocks/wallstreetbets tend to do
1.618 plays it safe bc ya know....manipulation and endless printing of money
Q: but @Toro138 how do we know if we are in a bull market or bear market?
A: focus on the Weekly Time Chart and use the 20 or 21 Moving Average
if its over the line predominantly like it is now its a bull market
if its under we are bearish
If the big players are going to go in
these are the levels where they are going to play
Thanks everyone for the support -
if you would to see more like this
or have a particular graph of a stock/crypto in mind lmk
Is GME ready to take off?In my previous analysis I discussed AMC.
GME looks to be in a very similar position as it is retesting a trend it hasnt visited since its last parabolic move to $500. It is also in a wedge and possibly a bull flag.
Anticipated moves for a bullish breakout range from $250(based on the base of the wedge) to $450 based on the last measured parabolic move. Which would leave us anywhere from $450-$650!
What do you guys think??? Let me know!
$MARK Remark Holdings did 88% retrace after the last meme run$MARK Remark Holdings did a full retrace after the recently seen meme run, if we go for a second run, it might be off of this levels.
It's nothing to do a serious swing trade on, therefore this is NOT a Setup.
But don't be suprised, if we see another headline day or two in this stock.
Maybe put a volume alarm on this one, that's what I do, and just forget about it,
and in case we get some serious volume back in $MARK one could jump in with a small position.
ConocoPhillips (COP) bearish scenario:The technical figure Triangle can be found in the US company ConocoPhillips (COP) at daily chart. ConocoPhillips is an American multinational corporation engaged in hydrocarbon exploration. The Triangle has broken through the support line on 11/11/2021, if the price holds below this level you can have a possible bearish price movement with a forecast for the next 12 days towards 67.35 USD. Your stop loss order according to experts should be placed at 77.15 USD if you decide to enter this position.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Carrefour SA (CA.pa) bullish scenario:The technical figure Triangle can be found in the French company Carrefour SA (CA.pa) at daily chart. Carrefour is a French multinational retail corporation headquartered in Massy, France. The eighth-largest retailer in the world by revenue, it operates a chain of hypermarkets, groceries, and convenience stores, which as of January 2021, comprises its 12,225 stores in over 30 countries. The Triangle has broken through the resistance line on 10/11/2021, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 18 days towards 17.450 EUR. Your stop loss order according to experts should be placed at 14.915 EUR if you decide to enter this position.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
GameStop 2nd massive wave of GME known as meme stock coming !?! After breaking the downward trend line and closing way above it. It is to be expected the GME start a massive rally similar to the one it made earlier and make new highs. Key levels are mentioned in the chart.
PS. such stocks shouldn't be invested without proper risk management. Don't forget to put stop losses near resistance area.
Starbucks Corp. bullish scenario:The technical figure Channel Down can be found in US company Starbucks Corporation (SBUX) at daily chart. Starbucks Corporation is an American multinational chain of coffeehouses and roastery reserves. As the world's largest coffeehouse chain, Starbucks is seen to be the major representation of the United States' second wave of coffee culture. As of September 2020, the company has 32,660 stores in 83 countries, including 16,637 company-operated stores and 16,023 licensed stores. The Channel Down has broken through the resistance line on 06/11/2021, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 13 days towards 120.19 USD. Your stop loss order according to experts should be placed at 104.02 USD if you decide to enter this position.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
$GME Q4 may get crazyCould see some GME fireworks in Q4. Trading above ATH anchored VWAP (163.65) and appears to be breaking out of triangle. Needs confirmation, but worth having on watch. Break above $225 resistance zone and $300+ isn't out of the question with MEME strength in this name. Alarms set !
$AMC Swing Trade Idea - 43 Price TargetAMC has been respecting the volume shelf support and 150EMA on the daily. I like the idea of swinging calls here for a move to the upside in near future to retest the descending triangle resistance line - $43 zone price target
For the longer term, watch for a break of the resistance line followed by confirmation to go long.
A move below the 150EMA (blue line) I'd be looking for a good short opportunity. Can also short the triangle resistance line anticipating rejection.
Chart looks like hedgies have just been having fun trading this one. Good price action for swing trading!