Target 21.2Following daily.
I got a long signal with my system.
Hard TP 21.2
But I'll publish a dynamic SL and target. If you want to join trade, please follow my updates.
VPK trade ideas
VOPAK. Two week TF. Very nice range. Having a look at the two weekly TF we see a lovely trading range with PA bouncing nicely between low 30's heading towards the 50's, this has been here since 2010. Indicators on this TF look bottomed and riddled alive with bullish divergence. MFI trending upwards contrary to the price, likewise fisher and MACD. We are also watching closely for a bull cross on the MACD. All situated nicely in the demand zone. As always DYOR.
Waiting for the falling wedge breakoutOversold in weekly and monthly stochastic RSI and price inside a falling wedge. Price target will be clear soon!
VPK ; Lookout for supportHope to see it staying above the support.
If that is the case, Uptrend is probable.
Some companies will do really well [Oil Storage]They are almost at full capacity.
The Oil minus 40 price might be from all the retail traders rushing into an Oil ETF that balooned and struggled to rollover their contracts to June.
Or it might entirely be due to every one being at full capacity.
It is not over, US Oil producers are still extracting Oil, because no one wants to be the one to reduce his output and sacrifice so others can sell at a better price.
Either way the storage issues are still here and June will be much worse than May with storage.
Oil volatility got to out of this world levels.
Of the 10 worse days for Oil prices I think 3 or 4 are in 2020, but no problem eyy, every thing will be fine, we'll just print imaginary money to solve very real problems!
There won't be a depression nah last time "they" said this and everything recovered quickly just hodl. Those are just alarmists.
Aaaand brent is crashing too now...
The NL indice is red,
Really out of my field of expertise here, but I wonder if this company can jump to new highs in 2020.
They have to have a bright future ahead.
It will be interesting to keep an eye on this.
VOPAK short scalp As the square root of 1.786 point at a short term top for VPKA it could be possible to short this stock for a few days.
Stop at the top (point C)
And based on price action taking profit at 44,44euro
However profit target2 is more deeper around 43 euro
Based on risk management I will trade this setup on scalp only basis, since up power in crude oil is in favor of this Dutch oil stock.
Shorting with some leverage via this structured product would be effective for some profits: www.bnpparibasmarkets.nl
Best to your trading!
VPKA 2months 10% increaseHi all,
This is my first published idea, if you have any comments, please let me now!
BTW the date (02-16) is my birthday ;D
