Santander
Daily Corrective Structure, looking for one more all time low Appears to be a simple bull flag. Looking to buy once we break the low, and find some bullish evidence!
SAN Short-Term Short Due To ChannelWe´ve all seen a pretty nice channel directing Santander´s stock, it has just hit the top and I predict it's going to move down to $4.65,to then start it's crawl back to the top.
I predict it's going to hit the entry price anywhere bewteen Januart 6th and January 17th.
SAN LONG DUE TO INDICATORS, CHANNEL AND INCREASING RATESSantander´s stock reached a support level early this year, and it was confirmed mid-year, as of now, there's an obvious channel in which the stock is moving, and due to macd, rsi and stochastic, $4.50 would be a good entry point these days.
I don't recommend $SAN for a long term investment though, as I'm using daily candles, I recommend it for a short term one, buying when it reaches the support of the channel and selling as it reaches the resistence.
SANTANDER - Posible subida Lunes 19 septVeo canal alcista hasta los 4,20 aprox. donde en caso alcista podrá tomar rumbo a los 4,35 o 4,45. Caso de descenso se podría ir a los 3,75 o 3,65.
Como mi usuario indica soy Novato y aprendiendo :P
Se agradecen comentarios.
LONG POSITION ON SANTANDER S.A. - D1FOR THOSE WHO DO NOT KNOW SANTANDER S.A. IS ONE OF THE MOST IMPORTANT BANKS IN SPAIN. THE STOCK VALUE HAS BEEN DECREASING SINCE MAY 2015 WHEN THE PRICE WAS WORTH 6.80 € A SHARE. NOW SANTADER IS 3.87 € A SHARE AFTER 1 YEAR AND 3 MONTHS APROX.
THIS FALL HAS STOPPED NOW. FIRST SIGN OF CHANGE OF DIRECTION WAS THE TRIPLE GROUND SUPPORT LEVEL BELOW. THE MARKET CHANGED DIRECTION AND IT HAS BEEN FORMING A SOLID TRIANGLE PATTERN WHICH HAS BEEN FINALLY BROKEN.
I HAVE PUT A BUY LIMIT ORDER AS YOU CAN SEE LOOKING FOR THE RETESTING OF THE TRIANGLE. IF IT HAPPENS WE COULD MANAGE TO DO A VERY NICE ENTRY TOWARDS TO FURTHER RESISTANCE LEVELS FROM THE PAST YEAR AND 3 MONTHS AND LOOK FOR MANY BENEFITS!
TELL ME WHAT YOU THINK ON THIS!!
CARLOS
Santander long largoPossible testing overcome the bearish trend to regain the upward trend
Posible testeo de la directriz bajista superada para recuperar la senda alcista
SANE long largoEspañol:
2 ideas.
B) Largo tras superar zona 4.50-4.55 (intención y volumen en esa zona)
B') Corto tras rechazar precio zona 4,50
English:
Two ideas.
B) Long after overcoming area 4.50-4.55 (intention and volume in that area)
B ') Short after rejecting 4.50 price zone
