Long GeneraliAll my short position is closed.
I go long from 14.03-14.15.
I will update my first target in the following days
Long Generali :)The potentiality target for this move up is 18.53. To reach this target price can find some support/resistance level around the line in the Pitchfork tool.
Let's see how will play.
Saipem is a long trade with 1st target 0.57Saipem is trading in an uptrend on a daily chart.
Zooming in at 1 hr chart, we see the beginning of a movement upwards with strong volumes - not shown here. Natural target at first resistance - 0.57
Triangle broke, uptrend continueHi guys,
triangle confimed the uptrend,
ema 200, confirmed too.
What do you think?
Cheers,
Simone
Play the referendum and the break above MA200: Buy.IMPROVING FUNDAMENTALS?
The consensus is lukewarm: Mild BUY with 10% target upside
But the yield (up) and market (up) environments have been improving
The Italian referendum is unlikely to impact materially this global insurer
Valuation remains compelling at <80% of book value
IMPROVING TECHNICALS
Clear support line formed since the summer - Current level 11.50
Yesterday attempted to break main resistance by closing > 12.20
Yesterday also closed above MA200 at 12.00 - Another positive sign
Looks slightly over-extended on short/mid term as it is trading at the hi bollinger band
LONG-TERM LONG
Stock price reference 12.16 (now)
Go long here with 13.00 and then 14.00 (+15%) targets
Stop-loss at 11.25 (-7.5%), just below the 11.50 support
RR 2x
Referendum fears: Trade half size before Sunday and another half after Sunday.
MORE CAUTIOUS INVESTORS: USE PUT OPTIONS
Selling 16dec16 Eur 11.50 puts brings in 0.21/share (yield 1.7% in 14 days or 44.45% per annum)
Selling 20jan17 Eur 11.50 puts brings in 0.37/share (yield 3.04% in 49 days or 22.62% per annum)
BANCA POP. EMILIA ROMAGNA long H1Buy stop @ 4.03
Stop loss @ 3.94
Take profit @ 4.16
Loss = 0.09
Profit = 0.13
