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MERCEDES BEARSMBG SHORT IDEA keeping it simple In the bigger picture (global economics) i dont see a reason to flourish with that in mind it seems rather over bought sad to say considering they went public this year t/a snd zone reached this is where i get logical with the fundamentals then follow the strategy lead if it does break we gone be looking at a good 10% completeing the W formation then potenially a nice 100% retracement drop rolls royce analysis for the high rollers SENNA SEASON
MIL:1MBGShort
by Bekiumuzi_Dube
LDO Leonardo doing its thangWell, sometimes it helps to realize mistakes by adding some notes. Just quoting one of my fellow followers here in the bubble who got tricked on that 10% bump. But lets look at the chart, we see nothing has changed since the initial plan. Probably will retrace to 1.272-1.618 level before crushing down to 4.236 since we triggered 2.618 on w3 Invalidation remains the same as before Hold my beer pls ---- No financial advice, do your own research, don't be stupid
MIL:LDO
by NastyBeer
TSLA11.3.22 I looked at a number of stocks here to show you certain behaviors to look for, and in particular the last higher...low If it is close to the high. When the market moves below the last high or low, this is where the Buyers exit the market and wait for the market to move to a lower support. This is A good tool when the last tire low is near the high. I went through some of the comparisons. TSLA Has a lower high and low pattern... and maybe set up for a 135 reversal pattern. but you can't use the last high or low on the primary swing when looking at Tesla. Oil Palladium Meta PG Are other markets that were brought up here.
MIL:1TSLA
by ScottBogatin
LDO Dont get fooledSpecial Request from one of my fellow followers again: 1) Dont get fooled by a 10% pump 2) Broke the neckline in 2021 3) Just now failed to reclaim it by a drop below and a backtest Price action since the 2021 low fully corrective in a crystal clear 3-3-5 pattern (just confirmed by breaking 8.02) => Retest / Double Bottom 3.97 or lower inevitable Take-Away: 1) If you can draw a flag, it is a flag. 2) If the 2nd bump fails to break the flag, its going lowaaaa Hold my beer pls ---- No financial advice, do your own research, don't be stupid
MIL:LDO
by NastyBeer
ENEL (1W) Pottential reversal for Enel during winter ? Hello Folks, Seems like Energy Sector is attractive right now. Looking at many European companies (Producers and Electricity Suppliers) could reveal interesting bets for mid-term // or several months during Winter. ENEL is one of Such companies. Need to dig deeper into Fundamentals. BUT for now considering Technical Analysis of Chart. Seems like Stock is down 50% from last year top. A) If it Holds price around 4.5 and turn up. It could be last impulsive wave UP (Wave 5 of bigger TimeFrame). Which could last 6-12 months. = Back to Price around 9. Right now the stock can be Attractive with Forward Dividend at 7,71%. P/E at 16 is probably too expensive (Compared to CEZ at 11.7, which should be way better company) B) If it drops below, it means Overlaping of waves marked as 1 and 4. (Forbidden in Elliot Wave theory. So it would be completely different structure and its better to stay away. It could drop to the bottom of GREEN long-term channel at 3.5 or even deeper. For now I Will not enter position, but will dig deeper into fundamentals and certainly let you know very soon. Let me know if somebody follow this company or other European Energy companies ;)
MIL:ENEL
by Longevity_Contrarian
LDO Leonardo: War over?Special request for one of my fellow followers LDO Leonardo Has been in a bloody downtrend for over 20 years (!) Lets look at the chart: We are expecting a big ABC correction where as the C wave possibly could have been completed at the yellow arrow but that would be very much truncated. The recent red (bear) flag most likely is going to resolve to the bottom dictating prices of 4€-6€ One would also argue there is a head n shoulders formation where the neckline just got tested and is heading below confirming lower prices. In order to really finish this big formation at least a double bottom or a new lower low is required meaning the final target will be below 2.60€ Things will start to look better on a break above 10.95€ and r/s flipping the downtrend. whether the break of the trend happens around here or later and lower it will require some time, probably years to finish Hold my beer pls ---- No financial advice, do your own research, don't be stupid
MIL:LDO
by NastyBeer