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RHM | Command and Conquer | 1 Buy scenarioOverview Rheinmetall had a great run specially fueled by the war in Ukraine. With an additional crisis forming in the Middle East i can see the price going further up. From a chart point we see that the current resistance (100% Fib Line) was 2 times pierced (yellow circle) but price never really broke it. The Buy zone is based on the confluence of the 50% Fib level and an already engulfed (blue circle) support level that lead to the current ATH / Swinghigh. Target 1: The First big resistance level (S/R Level 1) which stopped this really for quite some time. I would close 50% of the position here. Target 2: Slightly below the former Swinghigh / ATH. The remaining 50% of the position would be closed here Stop- Loss: None (Long- term- holding Invalidation: Price always stay above the buy zone Good luck Disclaimer: - This information does not constitute as financial advice and is only for entertainment purposes. I am not your financial advisor. - You trade entirely at your own risk - Make your own research - Finance and trading is evil, capitalism is bad, duh
XETR:RHMLong
by a_tale_of_bulls_and_bears
WCH | The chemistry matters | 2 buy scenariosThis is the my second trade idea regarding Wacker Chemie AG (WCH). After the first idea gave a nice ~ +27% gain and as WCH is currently in a strong downtrend, looking for zones to open a new position. Overview WCH is stuck in a range (This is the monthly chart). Breakouts of the range (yellow circles) on either site leads to price moving to the opposite side and usually a retest / fake- out. Scenario 1 (Orange arrow) Requirements : Price falls down to the buy zone (green area). Breaks below the bottom of the range and retakes it. Stop- Loss: None Invalidation: Price breaks below bottom range but doenst retake it Target: Slightly below S/R Level 1 Scenario 2 (Blue arrow) Requirements: Price falls into the buy zone(green area). Generates a reaction (Swinghigh). Price drops but stays above the buy zone. Price Stop- Loss: Price closes on the the monthly below the bottom range Invalidation: Price breaks below bottom range but doenst retake it Target: Slightly below S/R Level 1 Good luck ]Disclaimer: - This information does not constitute as financial advice and is only for entertainment purposes. I am not your financial advisor. - You trade entirely at your own risk - Make your own research - Finance and trading is evil, capitalism is bad, duh
XETR:WCHLong
by a_tale_of_bulls_and_bears
1.2&1.2 Or Diagonal !Greetings, dear friends. I hope you are having a productive week. With the completion of Wave 1, it's crucial to determine the expected correction percentage for Wave 2. Remember, the strength of Wave 3 is highly dependent on the accuracy of our predictions. Let's make sure we get this right. I want to share my market analysis ideas based on the Elliott Wave Principle with you. I am a fan of this principle and follow all the rules and guidelines for analyzing the market. However, please note that my ideas are based on my personal experience and may change over time. If there is an error in my analysis, I am open to re-analyzing it from the beginning and learning from my mistakes. It's important to understand that making an error in analysis is not a fault, but evading responsibility is. No one can analyze financial markets with 100% accuracy, but it's remarkable how close we can get. We analyze from multiple perspectives to consider all possibilities. Let's mention a few opinions and ideas! Based on mathematics. I am still practicing to understand the Elliott Wave Principle better and hope to provide an even better analysis in the future. Thank you for your continued support, and I look forward to our mutual success. Best regards, Mr. Nobody Keep trying and never give up. Good luck!
TRADEGATE:TL0Long
by Mehdi_Abbasi_EWP
Duerr: BnR after prognosis cut After the cut of the 2024 prognosis the share price drop significantly. The pattern has all characteristics of a BnR and the 20th October candle is almost an hammer. We see a drop equal to two times the width of the lead in channel. The important low of 2022 was broken within day but not on a daily basis. So we may see either a quick V-shape rebound (black) or no or a small rebound to the upper bound of the third channel with a retest of the lower channel bound. In that case the resistance at 18 € is important. if the channel breaks the next resistance, the covid low is almost another channel width away.
XETR:DUE
by NDD46
1COV added to model portfolioCovestro has just been added as a 12.5% position to our model portfolio. Some comments: 1. 7/8 qualifiers of Minervini's trend template are met and the stock is in a confirmed phase 2 uptrend. 2. Stochastic RSI are indicating an entry coming our of an oversold position. 3. This is a pullback entry following a healthy pullback over the last 2 weeks under low volume which allows for a low risk entry. 4. Relative strength of 1COV as measured against the SP500 is very high which makes that a momentum trade. Here is the link to our updated model portfolio: www.tradingview.com
TRADEGATE:1COVLong
by JS_TechTrading
UFP Industries (UFPI) Surpasses Market ReturnsUFP Industries (UFPI) closed at $101.32, marking a +0.67% move from the previous day. This change outpaced the S&P 500's 0.63% gain on the day. Meanwhile, the Dow experienced a rise of 0.59%, and the technology-dominated Nasdaq saw an increase of 0.39%. Coming into today, shares of the wood and materials provider for the construction industry had lost 0.76% in the past month. In that same time, the Construction sector lost 6.52%, while the S&P 500 lost 3.39%.
BER:UF3Long
by DEXWireNews
H&S and Dark Cloud Cover indicate short term bearish reversal?Heidelbergcement's future not looking good amid a raising interest rates environment for real estate promoters. Technical analysis: Bearish A Head and Shoulders pattern could be underway since Sep 2022 and once the stock has reached a double ceiling level at 77.50€. Besides, a Dark Cloud cover was formed on Friday 29th of September in the right shoulder and today's candle seems to be confirming the candlestick pattern prophecy, which would lead us to first support level ranging from 68.5-70.5€. Beyond analysis and POV: Bearish and Bullish The fact that Vonovia has frozen 60.000 apartments that were supposed to be built now also indicates a reduction of materials' demand to build houses and perhaps other real estate promoters have come up with the same decision. This means, less materials needed for now which could potentially affect Heidelbergcement's profits in the near future. However, the ISM Manufacturing PMI came better than expected for September (actual 49, exp. 47.7 prev. 47.6). This means, any short-term bearish reversal could not last long. Fundamental analysis: All bullish considerations The debt level is considered satisfactory with a net debt to equity ratio of 32.8%. Earnings Payout to Shareholders is 26%. P/E ratio = 7.5 while industry average is 9.1.
XETR:HEIShort
by alexinve
Retest to 20 and we take it from thereWhile I can imagine that XETR:HFG buisness model can work out for the in the long run, Its headwinds seem to be gathering into a perfect storm against it. Trying to keep it short: (get it?) Discretionary spending of American and German consumers might be hit hard in the coming months, due to deteriorating economic conditions. People might be inclined to opt for cheaper alternatives, i.e. classical supermarkets. Sky high P/E ratio Not paying dividends, low EPS In an overall environment of rising yields, this is not at all an attractive stock Chart was almost overbought two weeks ago and is now showing weakness on daily and weekly All these reasons make it plausible that a retest of 20 within this year is coming. I would post you a picture, but I have not enough street cred on TV to do it :/. Anyway, the Idea is simple: Short it down to 20.
XETR:HFGShort
by bratenzwerg