long from this arealong with 100% from this area. Stop under the last Min. Take profit 1/3 to 127%, 1/3 to 161,8% and 1/3 to 200%.
6000 employees cut from UnicreditAnother bank, the same story "The Italian bank may lose as many as 10,000 staff in a new strategic plan." It just proves that the banking sector continues to suffer... only a few will survive. For that, they need to restructure and optimize the service.
UniCredit joins other large European banks slashing costs and reducing job numbers as they seek to adapt to low-interest rates that make it harder for lenders to increase revenue. Deutsche Bank AG plans to cut 18,000 positions in a sweeping overhaul, while Societe Generale SA in April announced plans to cut 1,600 jobs globally and exit capital-intensive businesses.
Short Luxury - Is the mkt too complacent on CoronaVIs the market too complacent on Conorona Virus?: the market anticipates, the crisis is only temporary and should soon be behind us. It will be important monitor the evolution of infected cases and other headlines on suspended activities in China (closed shops, airport traffic etc…). Further deterioration of the situation could change the market belief.
LVMH retraced 61.8% of the fall provides a selling opportunity. Asia ex Japan is 30% of LVMH top line, while Japan is 7%.
20% of Asian sales of LVMH are at airports
Sell: it's retesting the 12.800 resistanceThe 12.800 has being retested and with very little volumes going to that direction.
There's the potential for a sell-off. The ratio reward/risk it's pretty high since we are close to 12.800 and a good stop loss would be 12.900 - 13.000, while it could go down for much more.
BGN shortShort su BGN, Testa e spalle ribassista, debole breakout della linea di trend, nel caso tra MA 50 e MA 200 inizi una divergenza (per ora solo accennata): posizione short, prima di allora cautela.
ENI - Long term - Early entry on possible 40-50% gainENI has been retracing for a long time now.
Stock might be very close to a turning point to the upside.
Long term gain might be around 40-50%.
Juventus: Bearish trendToday I have a quite unusual stock. Instead of watching Italian football, why not watching some Italian stocks.
First of all we can see a bearish trend to the resistence line (1.1185). However, at this point it could reverse.
Points to consider:
- There is not high volume fluctuations (price will not increase/decrease drastically)
- Price quite below EMA 8 so the bearish trend will continue (also was proved with EMA 12 and the result was the same).
- RSI (important): it is trading at a very low value (30 approximately) so it could speed the decreasing trend up.
OIl and ENI: Spread OpportunityGood opportunity on the Italian Market to be exploited with a spread trade.
Usually ENI and Oil have a positive correlation. In that case we could open a position on ENI and hedge it with another position on Oil trading on the temporary spread between the two securities.
My position here is to sell ENI and buy Oil waiting for the spread to reach again the base line of the Bollinger Bands (orange crosses).
Investing Fellow
Disclosure: My ideas contain statements and projections based on assumptions on capital markets, and therefore inherently subject to numerous risks and uncertainties.
Before buying or selling any stock you should do your own research and reach your own conclusion or consult a financial advisor. Investing includes risks, including loss of principal.
I am not a financial advisor.
Tutorial 4 ° cause & effect & fractal analysis In this analysis we can apply the fractal method , if you know marr spa ( now we are in the top ) , by fractal analysis you have an alert for dow jones , exit long and wait for entry short .
AZM Little retracement for the AZIMUT stock and if the price passes the resistance we could see the price at 24€ per share.
A2A - Right at buy signalA2A has features I like to see with stock prices: MA compression, a clear price range and rational SELL and BUY zones. I have been long on this price. I believe a pull back has been developing recently on the upper range horizontal support line.
Head and shoulders for FINECOBANKPossible Head and Shoulders for FBK. It is at the maximum price for the right shoulder. Be careful for the long period as it could hit 9.00 in March 2020.
ISP ANALYSISHi traders :) I'm Guario, and here are some thoughts regarding ISP possible future price action. Although I prefer analyse forex, cryptocurrency or commodity markets, I've decided to bring this analysis to you traders because this title is giving pretty interesting signal. Infact ISP has just reached the volumetric level of 2.3425 along whit a very visible Stochastic divergence. ALso notice how price is perfectly reacting with the red up trendline which is now acting as support. I suggest to set your entry position just a little bit below the support level of 2.3215. Look at the chart for possible stop and targets levels. Write me in the comments for any question, thought or critic. Good luck :)
UNICREDIT SHORTIt hink it is a done 5 waves grows so let's see what happend. Maybe it will be done A-B-C correction.
LVMH VS Richemont vs SwatchLong LVMH short Swatch, neutral/short CFR thesis continued...
Swiss watch exports grew by 1.5% for Oct’19, slowing from +10.4% in the Sep’19. The main contributor to the slowdown was Hong Kong, which declined by 29.7% y/y. This decline is in line with luxury revenue and retail sales growth in Hong Kong. Estimates that exports to Greater China declined by 10% y/y this month despite strong growth in Mainland China (+17.6% y/y). The increased spending in Mainland China is still not sufficient to offset the steep decline in Hong Kong.
Japan (+13%) normalized from +31.6% in the previous month after VAT hike was implemented on 1 Oct’19. The US (+9.5%) remains robust and is now the largest market for watch exports. Europe (+8.3%) sustained recovery from the previous month. By category, luxury watches continue to outperform (+5.6% y/y) but have slowed from the previous month due to Hong Kong exposure to high-end watches.
