TMV - Possible bullish divergenceDear traders,
TMV looks like in accumulation phase with slightly descending wedge Vs bullish RSI Divergence + Bullish MACD Divergence + raising volume in the falling wedge.
The chart is more clear with 4H, but the bullish divergence is also present in daily.
Conclusion: TMV may keep going in this trend for couple weeks before taking off to around €26.
Alarm set @€13 (breakout)
Good trades for all.
Sam.
Morphosys: Watchout for a strong reboundAverage Analyst Target is 76 !!! Highest is 156. From Volume Analysis we can see that reaccumulation started in Summer. Someone is buying at current prices.
Bayer Swing TradeHello, as im slowly going from crypto to stock Trading here´s a random Stock Play.
30-35eur Zone is historic Support zone and also the support from the downward channel.
Im not shorting it but will Swing trade from ~33 to 55.
Pretty confident in this setup as 2 Supprts cross each other at 33eur Range, that is one of my favorite setups when trading.
Dyor and im propably recommending to also use sl as im not fundamentally confident in Bayer in the long term.
This is purely TA, i didnt research Bayer fundamentals, just you know.
TOM is reaching the 16.50As expected, TOM has reached the point of 16.50 euro/share, and even exceeded a little, by hitting the 16.58 euro/share much earlier than the end of 2021.
Since TOM is at it's highest point ever, I think it will now start it's way down, back either to 15.50 or even to 14.50.
Considering the new lock-downs and rising inflation, remaining on such high levels is quite a risk, even though NY sales are coming soon.
Additional sign of risk is PE ratio of Toyota, which has severely dropped both since COVID and the 1/5 split of September.
Trading Idea - HELLABUY
Target: 62.00 EUR (32%)
Stop: 42.70 EUR
1.) H4 chart: Strong and fully intact uptrend since April 2020
2.) H4 chart: 3rd rejection on lower uptrend line
3.) D1 chart: still above the 200 daily EMA.
4.) Despite delivery bottlenecks for semiconductors, the first quarter was good for automotive suppliers. Regional focus could prove to be a burden, but the impact differs from company to company. Hella has one of the best results in the industry.
Trading Idea - #LufthansaSHORT
ENTRY: 10.72 EUR
TARGET: 7.30 EUR (+30%)
STOP: 13.09 EUR
1.) The LHA share price got rejected at the current resistance line (12.80 EUR)
2.) I see the actual fair price at the 2021 POC (9.00 EUR)
3.) In response to the airline's poor earnings forecast, there could be another relapse into the resistance zone. (7.00 EUR)
4.) The company has recently been supported by the strong cargo business and maintenance activities, while the passenger business continues to be awaited. Recapitalization remains a burden.
5.)The increasing consumption of cash will force the airline to take another corporate action. Despite the increasing pressure, the management is not sufficiently active to solve the problems in sales, financing and dealing with employees.
Lufthansa - Trrend reversalDears,
Lufthansa reversal trend is confirmed, support line at 5.6 played the role of support and reversal point, also long term resistance line in yellow was broken, retest successfully as support + Bullish engulfing for this month is to follow up.
Options are cheap at this level.
My target price is at around 9, where the next resistance is placed.
Let know your thourghts in the comment section.
Sam.
Disclaimer,
Not a financial advice, this is for personal use only. Publication is to share personal analysis and opportunities, please trade at your own risk.
Thank you,
Sam.
Bayer AG attempts a multi year bearish trend line breakOn daily time frame (left panel) the Ichimoku setup has turned absolutely Bullish. What's more, on back of another better than expected earnings reported today, the price action gave a buy signal and price started to attack a very long term trend line.
Funadmenytally all bad news had been discounted into price including Monsanto story, provisionings, etc., meanwhile the company has been delivering better results, beating analyst forecasts.
Looking at the weekly it has some more job to do technically, but once it establishes a long term uptrend, it will give us an extremely great upside.
From now on the recommendation is accumulate, and hold.
Is Siemens Energy building a base? Looks like some kind of base, but we need a bullish breakout and price action to confirm the idea. For now price is still in the thin Kumo, but holding nicely above Kijun Sen.
It is very simple: it needs a break and close above 24.45, where we have the very important weekly Kijun Sen too. Set an alert there.