UL/N trade ideas
Buy - $ULVRI've initiated a small position on $ULVR.L (Unilever) - If we look at the attached chart price is currently 27% from the high in September 2019. It is currently sitting on a pretty solid support level @ 3888 , however, if this fails to hold the next level isn't far away sitting at @3700
We also have two ascending trend lines (depending on where you draw them) which are also adding confluence in these areas.
ULVR has a great ROE, slightly lower earnings this Q but this was primarily due to FX conversion rates. Competition is growing in this area but with the price sitting 27% from the high I think it has some decent upside potential.
Unilever is consolidating above 200 MANYSE:UL is trading above the 200 MA with a minor downtrend, break of the trend will target around 64$. A close above all-time high will open the way for more gains. A good stock to hold for the long term with high dividends.
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This is only my own view and not financial advice, do your own analysis before buying or selling
Happy Trading!
Uniliever (UL) - Long-term buy and hold OppThe company that has brought you amazing products such as Dove soap, Lipton Tea, Ben & Jerry's, Vaseline, and many many more products is presenting a good opportunity to invest in them.
My technicals are showing that they are undervalued with potential bullish divergence.
As I stated, i would be looking for support to be created before i purchase more shares.
2021 is starting off with really good buy setups for the long run!
Invest Wisely!
#BmoreWealthy
Uniliever (UL) - Long-term buy and hold OppThe company that has brought you amazing products such as Dove soap, Lipton Tea, Ben & Jerry's, Vaseline, and many many more products is presenting a good opportunity to invest in them.
My technicals are showing that they are undervalued with potential bullish divergence.
As I stated, i would be looking for support to be created before i purchase more shares.
2021 is starting off with really good buy setups for the long run!
Invest Wisely!
#BmoreWealthy
UNILIVER Plc. Accurate Analysis Hi Everyone, In wave theory after an abc corrective structure. We expect the next impulse up or it will develop to be an abcde correction structure either ways the chart is still bullish. As the pattern develops i will keep this idea updated, so like, comment, follow so you don't miss any update. Thank you.
UNILVER - rebound chance?Hello trader,
welcome to my first pitch of an idea!
Since the unilever-stock, this march, had a bottom at (point A) it
moved through an ascending wedge until it passed point B.
Following the "messurement-rule" and messuring from the high B to
trendlinie 1, we get a value: 3,506 €, keeping it in mind.
After the correction following point B, the price pierces (breakout)
and closes trendline 1 at october 26th, we have found our 2nd point
to work with the "messurement-rule".
At this intersection, in between trendline 1 and the breaktout-
close we position our minded value. At about 48,40€ the price should
settle a new bottom, following "messurement-rule".
This is not an advice, it is an idea.
Did I work the "messurement-rule" correct?
I am thankful for feedbacks!
The related link show the article in german language.
ULVR | Long idea on local supportUnilever has been trading within the local range created between previous earnings gap up and local high resistance for a few months now.
I've been looking for an entry point to increase my current position as I like this company's positioning in light of 2021 consumption trends and the quality dividends paid to shareholders.
I'm looking to increase as detailed in this chart, entry point, TPs and SL indicated in the chart.
The very tight stop loss is justified by the potential drop down to long term support if current local support is broken.
Any comments are welcome!
Good luck!
(*This is not financial advice, for sake of discussion and illustrative purposes only*)