Double Bottom pattern Double Bottom
( EVE AND EVE )
BUY IF price holds SUPPORT LEVEL
-LarenzoYouDork
RAA - Rational - Xetra - EW analysis - 3rd of 5th waveRational - It is in 3rd of 5th wave up. Stay bullish when forming 3 wave sideways pull back for next move higher.
BEI - Beiersdorf - EW analysis - flat correctionBeiersdorf - It seems like the impulse cycle finished since major low in March-20. Now it is forming correction and mostly it should be flat correction ABC, where B wave is as abc zigzag under progress and go higher before it turning down again. The possible trading range would be 106-98 for next 2-3 week time.
MRK - Merck xetra - EW analysis - 3rd of 5th waveMerck (GERMANY) - It is in 3rd of 5th wave of the impulse sequence as conservative count. The next three wave correction will be good opportunity to get in to uptrend for 5th of 3rd of 5th wave near the zone 168-165.
DPW - Deutsche Post - EW analysis - 5th of 3rd waveDeutsche post - It seems in strong 3rd wave of impulse sequence and 5th subwave in progress since 56.65 level of 19th July. It is expected to move higher as it is strong outperformer to DAX index. It is possible that it go slight down below 56.65 as alternate 4th subwave of 3rd wave, but overall it is expected to move higher for 5th of 3rd wave up.
MOR: lowest Price Target is 75Morphosys should soon correct to above 65 Region... Lowest Price Target by GS is 75 and highes 140.
NDX1 NORDEX Green Energy Trade Idea open for feedbackThis is a "green" energy company XETR:NDX1 that is supposed to pop soon with the coming green political party movement in Germany. The TA tells me that it will plummet before it climbs or pops. Can someone give me their take on this? Seems to me that I have to short it before I can go long on this and that might take months/years to do.
Does anyone see this as a long play or is my view correct? FYI Germany has elections in September and the green party is trending.
Thanks in advance,
Buenavista
Short Entry Prediction VOW3 23-07-2021Short entry for VOW3 predicted by our AI algorithm. The time horizon of the prediction is approximately 5 days.
Short term bet that Siemens will fall from hereSiemens looks a bit overbought and so does the DAX, fingers crossed.
LSX another European name is set flySetup is clear - channel or rectangular top, bear trap, and we are on the verge to come to the previous channel. All the ingredients are in place...
Long Entry Prediction ADS 21-07-2021Long entry for ADS predicted by our AI algorithm. The time horizon of the prediction is approximately 5 days.
Long Entry Prediction ALV 21-07-2021Long entry for ALV predicted by our AI algorithm. The time horizon of the prediction is approximately 5 days.
The game is not over for covestroFriday bear run looks scary but I am optimistic about the paper and I would like to see the break of the ceiling. No targets since the bigger picture is set for something significant.
Long Entry Prediction VOW3 20-07-2021Long entry for VOW3 predicted by our AI algorithm. The time horizon of the prediction is approximately 5 days.
Long Entry Prediction SIE 20-07-2021Long entry for SIE predicted by our AI algorithm. The time horizon of the prediction is approximately 5 days.
Long Entry Prediction ADS 20-07-2021Long entry for ADS predicted by our AI algorithm. The time horizon of the prediction is approximately 5 days.
place sell stop orderchannel breakout and pullback set an excellent opportunity for sell stop below resistant/support zone.
Trading Idea - Deutsche TelekomEntry: 16,06 EUR
Target: 18.00 EUR (+12%), 25.00 EUR also possible
Stop: 15.72 EUR
1.) Fibonacci Retracement may be used in combination with other conditions in a trading plan to qualify possible entries. In this particular example, price retraced back down to the 50% level. This alone would not be enough to enter a trade. When the retracement level, however, aligns with previous structure, we already have a stronger case. Price often retraces back 50% of the previous price move.
2.) The growing free cash flow and the prospect of share buybacks from T-Mobile US speak for the share. The total growth in the current year should also be solid.
Trading Idea - #Intesa #SanpaoloBUY
ENTRY: 2.34 EUR
TARGET: 2.65 EUR (+13%)
STOP: 2.19 EUR
1.) Intesa Sanpaolo is moving in a strong upward trend.
2.) Third rejection on the lower trend line indicates an entry and a trend continuation.
3.) Intesa Sanpaolo surprises with a jump in profit in the last quarter.
4.) Intesa Sanpaolo has a huge capital base
5.) After the dividend pause during the Corona crisis, dividends are to be paid out again in autumn. That is how long the upward trend could continue.
Trading Idea - Siemens EnergyBUY
ENTRY: 24.42 EUR
TARGET: 30.00 EUR (+22% profit)
STOP: 22.18 EUR
Siemens Energy AG is active in energy technology. The company focuses on the planning, development, manufacture and delivery of products, systems and services in the field of renewable energies with a focus on wind turbines.
1.) W're hitting on the bottom of a strong support area (24.50 - 26.50)! A rejection is expected! Watch out for that!
2.) Target ist at 30.00 EUR which is the overall most traded price! The point of control! I expect a return to this level!
3.) Orders in the Gas & Power business and sales can still be expanded. However, the order-to-sales ratio was strong in Q1.
4.) The focus at Siemens Energy is clearly on margin recovery. In order to achieve this, the business must focus on increasing profitability. They can do it!
5.) The profitability of business activity is a major weakness of the company.
