LOND ADS (Adidas)Expecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
ADIDAS trade ideas
Adidas going upHi guys. As we can see the price is going up after touching the resistance line and the new target could possibly be 296.
If the stock beats this price (296) it will shoot up to 320 or more.
Besides it is quite above the moving average (60) so it indicates an upward trend.
Fibonacci retracements were also used showing that the price broke one of the lines.
Finally I can say that I have ambitious expectations about this stock.
ADIDAS WAITING FOR CALLSAdidas is one of the top 10 stocks in my shortlist. I don't know why but the chart is crazy bullish. And im expecting a parabolic move to the upside in 2020
I don't have any setups yet but waiting for the levels to watch for call options
I'll be sharing ideas in a couple of days/weeeks
Adidas ConsistencyAdidas has been in a consistent uptrend since listing, comparable to that of Visa. With only one inverse bump and run present. Great long opportunity in these current market conditions.
ADIDAS IDEA #19Los que quieran ver el antes de este trado (tomado en el precio de 280) me pueden escribir al interno.
MIS TRADES ACCIONES
ADIDAS Cup with the handle technical patternMost likely Adidas ( ADS) will test 296 level one more time, and current formation Cup With the Handle before it turns on the south.
My play is pending 296. Still, 266 will be closely watched
t.me
RBS OVERLY BULLISH ON ADIDAS $305 PRICE TARGET UPGRADEAdidas price target raised to EUR305 at RBC Capital. RBC Capital analyst Piral Dadhania raised his price target on Adidas to EUR305 from EUR275 and kept his Outperform rating ahead of its Q2 results next month. The analyst says the company's second-half of FY19 revenue growth acceleration is well supported and FY19 guidance looks achievable, even though its share price strength and valuation may cap near-term gain. Read more at: thefly.com
DESPITE A HUGE UPGRADE THIS IS NOT A POINT TO BE ENTERING THE STOCK, IT IS IN OVERBOUGHT CONDITIONS AND VULNERABLE TO A CONSIDERABLE PULLBACK, WHICH IS DUE AND NEEDED.
AVERAGE ANALYSTS PRICE TARGET $146
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
P/E RATIO 30
COMPANY PROFILE
RBC Capital analyst Piral Dadhania raised his price target on Adidas to EUR305 from EUR275 and kept his Outperform rating ahead of its Q2 results next month. The analyst says the company's second-half of FY19 revenue growth acceleration is well supported and FY19 guidance looks achievable, even though its share price strength and valuation may cap near-term gain.
Does ADIDAS have more bullish potential?We can see that the price has recently made a breakout above the previous resistance line, and went quite high up. As we believe that the stock has fundamentally even more potential we are waiting for a corrective move after that big bullish explosion, and are then expecting another bullish move.
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Adidas: Possible shorting opportunity could be formingThe recent gap-up and resistance fractal could provide a good shorting opportunity if there would be a confirmation by BB and alligator in the next days.
ADDYY Inverse Head and ShouldersLooks as though Adidas is trying to reach a new ATH.
Perfect looking IHS after cooling off from it's previous ATH.
Note: Not trading advice!
ADDYY Approaching Resistance, Potential Reversal ADDYY is approaching its resistance where a reversal could occur.
ADDYY Approaching Resistance, Potential Reversal ADDYY is approaching its resistance where a reversal to its support could occur
Three Stripes and You're Out: Short Adidas AGFollowing a strong year-to-date rebound, the share price of DAX-listed Sportswear and leisurewear giant Adidas may be vulnerable to a lapse of support as it re-tests it’s breakdown level as well as the overhead resistance going back to it’s all-time high peak of €218 on 28 August 2018. At it’s last close of €207.07, the price is starting to roll over from overbought territory, while the momentum indicator signals the commencement of a short term bearish trend.At current levels, traders could look to short sell the share in anticipation of a move lower.
Trade Levels:
Short/Sell Adidas at current levels: 201.70
Stop-loss: €206.00
Take Profit Target: €188
ADDY approaching resistance, potential drop! ADDY is approaching our first resistance at 118.88 (horizontal overlap resistance, 61.8% Fibonacci extension, 50%, 61.8% Fibonacci retracement, where a strong drop might occur pushing price down to our major support at 110.35 (horizontal swing low support, 50% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
