VW peak testing after the sale increaseVW have published good results recently. I predict a peak testing in short time.
Volkswagen
Long VolkswagenThis is my favorite pick for 2017
After a drop linked to bad news in 2015, volkswagen is looking good.
Great consolidation and a new upside channel
VOLKSWAGEN @ daily @ BreakedUp of (15 month old) triangleUntil the market VOWD trading between MONSTER GAP of 143.55 & 160.20 (sep`15) again traders have still to overcome only one hurdle. The MINI GAP between 141.40 & 142.45 (which was created between last trading day `15 & first trading day `16) & 1st Quartal`16 high (139.35).
All in all VOWD got a flat year 2016!
And therefore have a argusauge on the downside, that the breakout confirms :)
Yesterday moday close was 139.55 VOWD
139.35 1st Quarter`16 high
137.50 3rd Quarter`16 high
136.60 4th Quarter`16 high (before breakout)
134.25 & 133.35 little JULY GAP
1133.50 & 132.75 little NOVEMBER GAP
132.55 & 129.45 little JUNE GAP
130.70129.40 little JUNE GAP
need to be defend - to get enough power - to rise into MONSTER GAP back again (while 1st quarter`17).
Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
Best regards
Aaron
After a weak corretion the Bears are comingThere is an open gap. This gap can't be filled!! What's more I don't like to see above 138!
After breaking the line new low could come.
Turn-Around TradingIdea @ VOLKSWAGEN143.54 EUR: 5.Target (33.29 EUR Chance)
128.07 EUR: 4.Target (17.82 EUR Chance)
126.84 EUR: 3.Target (16.59 EUR Chance)
121.31 EUR: 2.Target (11.06 EUR Chance)
115.25 EUR: 1.Target (05.00 EUR Chance)
110.25 EUR: last Price
094.80 EUR: last Support (15.45 EUR Risk)
You can use the support levels as stop-loss price level.
And alle 5 targets also even as take profit price leves too, if you want.
But take care! Think about it - and create your own opinion! It`s your own decision...
C/R Ratios are 0.32 (1st), 0.72 (2nd), 1.07 (3rd), 1.15 (4th) & 2,15 (5th)
Change/Risk Ratio = 1st or 2nd or 3rd or 4th or 5th Target/Support
Best regards!
Aaron
VOLKSWAGEN technically under pressure, but still great outlook143.54 EUR: 5.Target (33.29 $ Chance)
128.07 EUR: 4.Target (17.82 $ Chance)
126.84 EUR: 3.Target (16.59 $ Chance)
121.31 EUR: 2.Target (11.06 $ Chance)
115.25 EUR: 1.Target (05.00 $ Chance)
110.25 EUR: last Price
094.80 EUR: last Support (15.45 $ Risk)
You can use the support levels as stop-loss price level.
And alle 5 targets also even as take profit price leves too, if you want.
But take care! Think about it - and create your own opinion! It`s your own decision...
C/R Ratios are 0.32 (1st), 0.72 (2nd), 1.07 (3rd), 1.15 (4th) & 2,15 (5th)
Change/Risk Ratio = 1st or 2nd or 3rd or 4th or 5th Target/Support
Best regards!
Aaron
