BME:TEF - High Risk-Reward Long-High volume
-Double floor
-Financial situation ok in the last quarter
EBRO FOODS ... FROM SPAIN TO TEH WORLDI'm very instinctiv when I 'm looking for a good share to buy.
I was buying in the shop were I always used to go and then I found a new brand of Pasta. The package was nice, it was an italian brand, I cooked it and it was really good, al dente!
So I asked me, why this good and unknown Pasta is now in this market? I made a quick Research and I discovered that behind this Pasta there was Ebro Food a big industry.
I personally think that Alimentation is changing, as well consumism. Big industry have to Change their products and target if they want survive. Trying to overfeed people (in europe for sure) is no more the way to improve profitability .
If the quantity that you sell is lower, then you have to sell better quality at higher Price.
I think that ebro Foods understood this and is trying to expand this type of market and I suppose they will succed.
Looking at the Charts we can see that there is a clear resistance around 21.4 Dollars pro Shares- Since April 2016 we rebounded against this resistance, forming an ascending triangle. A break out of this line will rapidly bring the share around 26 Dollars pro Shares.
Now we just had a strong Impulse and the shares reached again the resistance.
I find disturbing that CMF is decreasing, which could be a bearish divergence. moreover there is some Distribution and no more accumulation.
I think that this Graphs explain the Situation. Good products in a uncertain market.
In the next months we will assist to an important movement up or down. A catalyst is what is needed.
I will try to buy the break out, but for the Moment I stay away from Ebro Food.
BIO
BBVA- short now while you still canBBVA has finally confirmed the bottom of the bear flag as resistance. This will provoke some vicious selling short term. The target still remains 5-5.1. we may get a small bounce from there as 5.00 is a big even number, but the full potential of correction is 4.7, which connects the last 3 lows of 2009, 2012 and 2016.
ITX-2k18 Summer Season View 3 Months till Mid end August**Hey there!
Here's a possible movement for the next 3 months till mid-end August.
You can find further information about my chart and idea in the chart itself in three separate Black Boxes (so called black wall).
Please note that every chart posted about companies is build on information build and based by many different medias and gazettes.
Part of it is also made of information taken from the chart itself, by checking it's history and movement.
Thank you!
Best regards,
Egzon Shabani
ITX-LONGTERM VIEW 2k18 - BUYHey there!
My idea behind this chart is, the possibility to profit of an long term trade, by buying on the lowest of it's points.
Since the low of the ITX Chart is yet by approx. 26,7-27,9, it may be the best Idea to buy at These Points and sell at About the end of the year, by beginning of the winter Season. ( When Inditex companies Show their first buyable items for the winter Season).
DM me for further Information.
Best Regards,
Egzon Shabani
CORRECTIVE STRUCTURE in SANTANDER - Daily ChartHey Traders,
Another good opportunity in the Spanish Stocks. Looking for these moves in Santander Bank. Check last analysis I did in 2016 here on TV. It is attached :)
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Hola Traders,
Otra oportunidad en Valores Españoles. Buscando estos movimientos en e Banco Santander. Chequead mi último análisis de TV en 2016. Esta aquí adjunto :)
Carlos
BBVA Bear FlagTaking a look at the 4h chart we see that the price action has found resistance at the 50 Ema as it crosses the flag formation. From here we should test the bottom of the bear flag, if support isn't found there, intense selling will occur taking the price action to the target of 5-5.1.
BBVA is BBVA is making an inverse cup and handle formation, If this pattern plays out, we should expect to reach the 4.7 target around september-october where the rising support trendline (in black) is. This trend line has been spot on on giving targets, it connects the 3 lows from 2009, 2012 and 2016. There has also been a recent bear flag which projects a target at 5-5.1. We might get a small rally from there, although I believe 4.7 will be eventually reached.
THE BIG INDITEX - Daily ChartHey Guys,
As simple as this. Either Black (Plan A) or Red (Plan B).
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Hey Chicos,
Tan simple como esto. O Negro (Plan A) o Rojo (Plan B).
Carlos
Falling knife at ITX, Long. At 23,93 there is an 0.382 fib retractement level from 2002. There also an AB=2.618*CD matching that level so I expect some rebound to the T1, 28.93 and T2 31.99.
I have taken some long position. Let's see next week.
GL
Compra por Maximos Historicos de CELLNEX TELECOM BME:CLNX
Accion del selectivo español con un rotura de sus Maximos Historicos, le colocamos STOP sobre 19.00 para controlar el riesgo.
Bullish breakout for NH Hotels, SpainRecent earnings release surprised to the upside and created a break-away gap that has not filled. In tandem with below patterns, paints a very bullish picture.
- Long-term view shows a 5-year ascending triangle (blue lines) that has broken out and retested.
- Medium-term view shows an 18-month inverted head & shoulders pattern (pink line) also broken out and retested.
Targets are 8.30 and 10.00 for the medium vs. long-term patterns respectively.
2-year cup'n'handle retested - ready to move upFairly clean cup'n'handle consolidation in an uptrend.
Broke out >6 months ago, and has now done a hard retest (on extreme US market drops). Looks like stops have swept aside.
Looks ready for a move up.
Minor descending wedge could be used an entry trigger.
BBVA Looking For New Highs.The share price has been 37 weeks on a lateral trend. It seems the bulls are gaining momentum and a visit to the €7.95 level is more than likely. A strong support can be found in 7€. I am LONG. Targets at: €7.95, €8.28 and a final €9.35.
Good luck fellow traders
FERROVIAL. New Opportunity To Follow The Trend.As mentioned in a previuos post about Ferrovial, a new hike of the share price was likely. After a first bullish leg, the share price has moved back towards a strong support. Long trading strategies are advisable again, with stop loss below €17.98.
Good luck fellow traders
