Aegon N.V. (AGN.as) bullish scenario:The technical figure Ascending Triangle can be found in the daily chart in the Dutch company Aegon N.V. (AGN.as ). Aegon N.V. is a Dutch multinational life insurance, pensions and asset management company headquartered in The Hague, Netherlands. As of July 21, 2020, the company had 26,000 employees. Aegon is listed on the Euronext Amsterdam and is a constituent of the AEX index. The Ascending Triangle broke through the resistance line on 22/12/2022. If the price holds above this level, you can have a possible bullish price movement with a forecast for the next 23 days towards 5.064 EUR. Your stop-loss order, according to experts, should be placed at 4.488 EUR if you decide to enter this position.
Aegon has completed two share buyback programs, one aimed at neutralizing the dilutive effect of the 2022 interim dividend paid in shares and the second to return EUR 300 million of surplus cash capital that was generated by the sale of Aegon’s Hungarian business to Vienna Insurance Group.
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Pension
EURGBP:Looks like bulls will win?EURGBP
I ntraday - We look to Buy at 0.8750 (stop at 0.8685)
We are trading at overbought extremes. A lower correction is expected. The bias is still for higher levels and we look for any dips to be limited. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
Our profit targets will be 0.8935 and 0.8960
Resistance: 0.8960 / 0.9200 / 0.9340
Support: 0.8720 / 0.8630 / 0.8530
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S&P 500 Back Above $3,000 After Coronavirus Scare!The coronavirus infected the markets last week, amid fears of a potential worldwide major
outbreak and the possible effect that may have on the economy.
In one week, price fell by over 10% which is a sharp decline in such a short space of time.
The fall was only saved by a strong previous level of resistance turned support,
formed from the high of 17th February 2018 at $2,940.
Price has made a sharp reversal to the upside so far this week, also trading above the
$3,000 round number.
Price has some way to go before it can reach the current all-time high of $3,393 set 2 weeks ago,
but price may head back up with a similar speed at which it declined.
Going forward we want to see price remain above the $3,000 round number and we want to see
higher highs and higher lows forming on the daily timeframe. This will indicate that the buyers
are in control but a break and close above $3,393 will confirm a continuation of the uptrend.
We still need to stand aside until the market confirms the bullish trend is back in play.
See below for more information on our trading techniques.
As always, keep it simple, keep it Sublime.