After H&S and a try to go downtrend, #MCPHY hit the uptrend lineAfter a quick consolidation $MCPHY is wanting to restart an uptrend.
Orange - Achat Rupture du triangle + golden cross imminent + rupture des 0.236 = premier objectif 0.382 (11.05€) / deuxième objectif 0.618 (12.56€) / troisième objectif 0.786 (13.625€)
#23 - MastradTrade opened yesterday @ 0,68€.
Previous closed stocks trades :
#1 : Air China : Position return : - 17.38 %.
#21 : Freelance.com : Position return : - 2.36 %.
#22 - EnertimeTrade opened today.
Previous closed stocks trades :
#1 : Air China : Position return : - 17.38 %.
#21 : Freelance.com : Position return : - 2.36 %.
Heijmans resistances 17, 21, 24, 28, 35At € 17 the Fib 0.618% actually starts. Than an uptrend to 21, 24, 28, 35 can start.
ForFarmers huge potential from 7.20. Uptrend possible to 10.60After problems in 2019 as result of bad deals, the company has reached the bottom of 5.80.
From 7.20 the trend can be broken and an uptrend can break out to the resistances as mentioned.
EUTELSAT's new long term ascending channelI expect the price of Eutelsat will zigzag in the ascending channel for the foreseable future. Long positions may be entered when the RSI reaches it support line. Short positions may be taken when RSI is overbougth. Let me know what you think of this idea.
Sanofi consolidates, new bullish trend in 2022I expect the price of Sanofi to carry on falling inside the descending channel, especially if global market consolidates due to rising inflation fears. Sanofi has not been able to produce a covid vaccine and is just starting phase I/II trials for a second vaccine candidate which leaves the near future a bit blurry and may keep investors away. Once the price has reached the bottom of the horizontal range (64 EUR) I expect a reversal for a new bullish trend towards 95EUR by end of 2022.
OR News Analysis I predict with the best probability the future trends, my ideas are reserved for the experienced trader. #UniversTrader
Arcelor Mittal ready for a grow spurtBelieving that due to the different circumstances of the company the stocks could possibly keep rising with the postitive trend.
Arcelor mittal (MT) back in old channelHi,
Arcelor Mittal doubled from 10 to 20 in less than 4 months. The strong uptrend didn't make any correction, till it reached the upperband of the channel that is used to trade in.
From that point it corrected perfectly fine to a decent Fibonacci level.
What we see right now is that it seems to have bottomed at 16.85 levels.
The DRSI looks oversold and the on balance volume is still moving upwards.
MACD looks perfectly fine, which makes a trade possible.
Entry: 16.85 - 17.88
Target: 21.50
Stoploss: 16.30
Consolidation carries on in 2021, Growth in 2022I expect the price will carry on inside the descending channel in 2021 as the french market may soon face headwinds (rising inflation, rising treasury yields, global consolidation after long bullish trend).
In addition Orange also recons difficulties ahead in 2021 to generate free cashflows, a situation likely to improve in 2022 according to the management. 2022 should also see the news feed improve (merger with Deutsch Telecom, IPO of telecom towers, development in Africa). Conditions will be better then to initiate a new growth on a rock solid basis (decade long support trendline).
Let me know what you think of this in comment.
$UPGFalling wedge
4hr classic bullish divergence on the MACD and hidden bullish divergence on the RSI
Daily hidden bullish divergence on the MACD and RSI
Currently at the 0.618 fib retracement
Making higher lows
Oversold on the 4hr
