SOLVAY GOING DOWN??SOLVAY broke it's trading range with rising volume of the sellers.
Let's see where this take's us.
Renault to Go Low? Renault - Short Term - We look to Sell at 25.49 (stop at 26.70)
Price action is forming a bearish flag which has a bias to break to the downside. Bespoke resistance is located at 25.50. Our overall sentiment remains bearish looking for lower levels. The bias is still for lower levels and we look for any gains to be limited. We look to sell rallies.
Our profit targets will be 21.22 and 19.51
Resistance: 25.50 / 29.00 / 35.00
Support: 21.00 / 20.00 / 15.00
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Alfen ShortPrice got rejected by strong area of reistance. In order to achieve these level we could see a pullback to reattack resistance. The same scenario can be seen in the S&P 500.
Melexis getting back up after confirmed break-out??Next resistance at 88euro for MELEXIS.
Outlook looks good due to the chip shortage.
MC, LVMH,CAC40 [be prepare to short] Moët Hennessy Louis Vuitton MC be prepare to sell this action from your portfolio
Careful LONG GLPGI've been following this tock for quit some time. Seeing it fall and many people calling to go LONG, only to fall even further. The cash position alone equals 80 share price. Fundamental Mumbo Jumbo. The chart had much more downside to go.
Now we have a potential bottom forming. The RSI is oversold on the Weekly & monthly levels & looks to tackle the Averages. Altough it did break an important level, this might be 'overextending' and will return soon.
This is still too early to call BULL. But I'm liking the setup so far. This is BIOTECH so very volatile. I don't see the company going bankrupt. I like to buy low so when the RSI on weekly & monthly are this low it sparks my intrest.
The stock can still go lower perhaps to 33 the previous lows.
I think the key indicators will be:
* Breaking above resitence
* breaking above the 200 dMA AND staying above it.
* GLPG must trade and stay above 60
* Moving averages must point to a bull market: 21 - 50 - 100 - 200 (whilest today it is in reverse = bear market)
T1: 82
T2: 98
T3: 150
The choice is yours.. :)
ASML BARR Bump & Run Reversal1D Chart: Normal candle.
On the day we look at the course of the Bump & Run compared to the previous TA. ( )
This is because we are on the verge of claiming or being rejected as the price is now on the “Lead-In line”.
This Friday will probably play a role in that, if the bulls really claim this, the RUN can be used.
What is also interesting on the day chart? Is that when the EMA crosses 26 on the EMA 50 a Mini Golden Cross occurs which is the beginning of bullish momentum. Of course, the EMA 50 on the 200 is the intersection that is an extra confirmation on that.
4H chart: Normal candle
On the 4 hour chart we zoom in on the Broadening Descending Wedge which has more or less put us on the Lead-In line of the bigger picture. The price is still above the old neckline of the previous M pattern and I would like to see the bulls claim this zone (as indicated on the day) to be able to move further up. What worries me a bit is the gap that is a lot lower and is also beyond the Golden Pocket. Also keep an eye on that scenario because in the MACD indicator we see that a downward crossing has been made, this can be temporary but I would like to add.
I also share the 4H chart: in Heikin ashi which I often find gives a calmer picture.
ASML BARR + Broadening descending wedge1D Chart: Normal candle.
On the day we look at the course of the Bump & Run compared to the previous TA. ( )
This is because we are on the verge of claiming or being rejected as the price is now on the “Lead-In line”.
This Friday will probably play a role in that, if the bulls really claim this, the RUN can be used.
What is also interesting on the day chart? Is that when the EMA crosses 26 on the EMA 50 a Mini Golden Cross occurs which is the beginning of bullish momentum. Of course, the EMA 50 on the 200 is the intersection that is an extra confirmation on that.
4H chart: Normal candle
On the 4 hour chart we zoom in on the Broadening Descending Wedge which has more or less put us on the Lead-In line of the bigger picture. The price is still above the old neckline of the previous M pattern and I would like to see the bulls claim this zone (as indicated on the day) to be able to move further up. What worries me a bit is the gap that is a lot lower and is also beyond the Golden Pocket. Also keep an eye on that scenario because in the MACD indicator we see that a downward crossing has been made, this can be temporary but I would like to add.
I also share the 4H chart: in Heikin ashi which I often find gives a calmer picture.
Veolia to return to ATHVeolia has completed it's takeover of SUEZ now to become one of the largest companies of it's type in the world, results for 2021 have just been released so this post is really to focus on the recent drop in price and and the results that have followed after that.
Veolia recently had an ATH of around 33 euro, before it's earnings the war in Ukraine started and obviously investors got spooked and there was a sell off.
Veolia has hedged very well against fuel prices so there is no impact for that side of the business at the moment, also because they are a net supplier of energy their income has actually gone up. Coupled with that is the rise in prices for recycled material and cost savings that have been completed ahead of schedule. All of this has given a very rosy picture to the earnings.
2020 2021
Revenue 26Bn 28.5Bn
Debt 13.2Bn 9.5Bn
Dividend .70 1.00
Net income 381m 985m
Efficiencys +382m
Hard to see how the figures could have gone any better really, expected another 500m in cost savings this year due to synergies between SUEZ and Veolia, plus the revenue already generated by SUEZ and next years results should see Veolia go over a billion in net income with relative ease.
I see these results as great indicators for 2022 and the statements from Antoine Frerot are very bullish for the year ahead and the completion of 'Impact 2023'.
I see a return to 33 euro in the next couple of months and a push on to the mid to high 30s by EOY. Of course the war in Ukraine has an influence on every price action at the moment but in a strange way this may not do Veolia any harm as they are in the business of trying to provide independent energy to cities through their waste and energy segments.
Happy trading everyone and remember I am not a financial adviser so do your own DD.
EXMAR GOING ALL THE WAY UP?Due to the economic switch to LNG will EXMAR rise again?
First contract for their tanker has been signed for 5 years.
RISING TROUGHS TOTALENERGIES?Very volatile weeks for TotalEnergies.
Rising troughs are still valid!
CALL ON STRIKE 48 EURO.
Resistance level FUGRO.Resistance level for FUGRO.
Outlook looks good due to economic circumstances.
CALL ON STRIKE 9 EURO.
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Kering Europe Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
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FUGRO LONG Fugro N.V. provides geo-data information through integrated data acquisition, analysis, and advice for infrastructure, energy, and water industries. It offers marine geo-consulting, marine geo-technics, geophysical survey, metocean surveys, marine environmental, and hydrographic survey services. The company also provides geotechnical ground investigation, geological and geophysical survey, nearshore geotechnical site investigation, testing and monitoring, environmental site characterization and remediation, water consultancy services, and geo consulting services. In addition, it offers positioning and construction support, satellite positioning, monitoring and forecasting, IRM, ROV services and tooling, and marine infrastructure solutions. Further, the company provides digital plant and pipelines, surveying and mapping, rail data, roadware surveys, Roames power, and land weather forecasting services. It serves in Europe, Africa, the Americas, the Asia Pacific, the Middle East, and India. The company was incorporated in 1962 and is headquartered in Leidschendam, the Netherlands.
BPOST 9% dividend stock with upsideHi All
Bpost is lagging behind other postal services in Europe like PostNL or Deutche post. Stock is paying 50 cents dividend which is about 9 percent. Target for this stock would be close to 10 euros
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USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
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Option will test 2020 weak support before kresching to new lowOption will test the 0.014 WEAK support. It doesn't look strong, who knows.
Target: € 0.01. After failing weak support at 0.014
No financial advice.
Carrefour (CA.pa) bearish scenario:The technical figure Triangle can be found in the French company Carrefour (CA.pa) at daily chart . Carrefour is a French multinational retail corporation headquartered in Massy, France. The eighth-largest retailer in the world by revenue, it operates a chain of hypermarkets, groceries stores, and convenience stores, which as of January 2021, comprises its 12,225 stores in over 30 countries. The Triangle has broken through the support line on 08/03/2022, if the price holds below this level you can have a possible bearish price movement with a forecast for the next 22 days towards 15.755 EUR. Your stop loss order according to experts should be placed at 18.310 EUR if you decide to enter this position.
Carrefour it was confident about its turnaround after Europe's largest food retailer delivered record free cash flow of 1.23 billion euros ($1.40 billion) and a 7.7% rise in operating profit for 2021. On the back of these strong results Carrefour handed investors an 8% dividend hike to 0.52 euros per share and launched a new share buyback plan of 750 million euros for 2022. Cash is also key to the French food retailer's plans to step up digital commerce expansion without the extra financial resources that would have been on hand if two planned tie-ups last year had not failed - one with Canada's Couche-Tard and one with France's Auchan.
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