RR to found buyers at 50% pullback?Rolls Royce (RR.) - 30d expiry- We look to Buy at 79.07 (stop at 75.15)
Short term bias has turned positive.
Levels close to the 50% pullback level of 79.62 found buyers.
Levels below 80.00 continue to attract buyers.
We look to buy dips.
Daily signals are mildly bullish.
Our profit targets will be 88.88 and 90.88
Resistance: 90.00 / 94.80 / 97.00
Support: 84.50 / 82.00 / 78.30
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
RRU trade ideas
Shifting value areasA picture tells a thousand words.
Let's learn to read the picture.
Price is seeking value and creates a pattern.
Small value areas form within a bigger value area.
Trading opportunities arise at the outer edges of the bigger value areas
target at the control line.
The trend will change if the price starts making HH, HL, LL, LH.
It will then start to form a new bigger value area and control line.
The sooner we can see this new value area the sooner we can trade
along with the money that moves the market price.
Rycey, is it time to pay attention?Weekly chart, massive descending wedge. Bullish RSI divergence, with current weekly RSI breaking out and just retested the backside of trendline. If this were to play out the measured move would be close to 3$. Its a weekly, so lots of time here its not going to move overnight. Personally, i'm going to be keeping a close eye on this one.
Rolls Royce: driving to further losses?Rolls Royce
Short Term - We look to Sell a break of 81.96 (stop at 86.87)
Bias is mildly bearish today but we need to see a break of 81.96 to confirm the downward pressure. The medium term bias remains bearish. The bias is still for lower levels and we look for any gains to be limited. We look for losses to be extended today.
Our profit targets will be 68.53 and 61.30
Resistance: 86.00 / 100.00 / 110.00
Support: 82.00 / 70.00 / 50.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Rolls-Royce Holding (RR.) The most interesting project that Rolls Royce is carrying out is the SMR. Rolls-Royce SMR has been established as an independent company, drawing on decades of Rolls-Royce experience in nuclear design and engineering, while capturing industry leading expertise, support from the UK Government and investment from world class companies. Rolls Royce SMR was formed to develop an innovative approach to deploying nuclear power. This vision is backed by the UK Government, world class investors and an international nuclear operator.
The regulatory process has been kicked off, and will likely be complete in the middle of 2024. Company is trying to work with the UK Government, and others to get going now placing orders, so we can get power on grid by 2029.
www.reuters.com
Trading Idea - Rolls-Royce HoldingsBUY
ENTRY: 106.50 GBX*
TARGET: 150 GBX
STOP: 80.30 GBX
*GBX = Pence Sterling
Rolls-Royce specializes in the development, manufacture and marketing of engines for the aviation, marine and energy sectors.
1.) I see a strong support at 90.00 GBX which will resist against further corrections. Probability to go up is higher than to drop below the 90.00 GBX level!
2.) Rolls-Royce is not allowed to sell Bergen Engines to Russia
3.) As expected, the results in 2020 were poor. The company hit by the aviation crisis should have the worst behind it. The cash flow should start to recover from next year.
4.) 2021 will be a year of recovery. The process may last until the end of 2022.
Rolls Royce (RR) to €2.6? - UpdateXETR:RRU still looks on track to €2.6. The stock is very sensitive to any COVID related news because of their flight engine business. But the company has great things happening in ESG space (at least as per the news). Still long.
#NotTradingAdvice #DoYourOwnResearch
Rolls Royce Turnaround Storygaining bottom feeder attention in social media trading sentiment
company has long history, thousands of bagholders create downward price pressure
upside is strong name recognition, and government subsidy & too big to fail dynamics
major catalyst needed to reverse the multi year bearish price cycle
Rolls Royce (RYCEY)Just breaking this down this market it at a rare low and the motto is to buy low and sell high. we are looking at some nice price action on the daily timeframe and leading with the inverse h&s pattern and seeing nice impulse move off the support area. I would love to see this market push to $13.00.
let me know what you think in the comments below.
Multi-Year ABC Correction Ending For Rolls-Royce (OTC: $RYCEY) ⚡Rolls-Royce Holdings plc operates as an industrial technology company in the United Kingdom and internationally. The company operates in four segments: Civil Aerospace, Power Systems, Defence, and ITP Aero. The Civil Aerospace segment develops, manufactures, and sells aero engines for large commercial aircraft, regional jet, and business aviation markets, as well as provides aftermarket services. The Power Systems segment provides high-speed and medium-speed reciprocating engines, and propulsion and power generation systems for the marine, defense, power generation, and industrial markets. The Defence segment offers aero engines for military transport and patrol aircraft applications; and naval engines and submarine nuclear power plants, as well as aftermarket services. The ITP Aero segment engages in the design, research and development, manufacture and casting, assembly, and testing of aeronautical engines and gas turbines. It also provides maintenance, repair, and overhaul services for regional airlines, as well as business aviation, industrial, and defense applications. Rolls-Royce Holdings plc was founded in 1884 and is headquartered in London, the United Kingdom.
Rolls Royce, Surging. Biggest Mover In Stoxx 600 Today (+12%)Rolls Royce, Now Surging. Biggest Mover In The Stoxx 600 Today (+12%)
The share initially stalled, but has started a big move, on volume. Internally, we discussed this at 111.90 (now +31%). Potential gap close at 182.00
I also published on this platform just over a month ago on 25 August:
For more insights and real-time ideas, get in touch today.
RR. Said it and ill say it again. LONGRolls royce has been a long for a long time. anything under £1 for rolls is a winner simple had a whole 18 months to buy it at this price. is now broken out of the resistance at 135 range with ease. i suspect at this 145 levels as its overbought itll pull back and set new resistance as new support filling the gap so good oppotunity to buy around 135. id then be going long until 170-185 range where id look to sell as it fills the gap. but then buy and hold again. Come on its rolls royce.
RyceyBig descending triangle. Usual channel is from 1.31-1.67. Seems
To have back tested the breakout of the descending triangle. Could see a short term double top if it can’t clear 1.61$Ish. But that clear backtest is pretty legit. Target is 1.97
If it
Did reject and come back for another test of the descending triangle it would have suppoor 1.38$ …interesting
Trade Setup: Rolls Royce Plc - Medium TermAlong with the Marks and Spencer Plc, one of the UK names I've been looking at it Rolls Royce Plc. Below are the key drivers as noted last week.
Rolls Royce Plc (Industrials, LSE)
- Recent earnings: back in profit
- Sideways channel, potential to break up
- Potential gap close at 182.00
- Price basing above 200-day
- 2-tier trend line play
- Long above 116.00
- Stop: 104.00
- Tgt: 144.00
(Also have a look at Royal Dutch Shell, which is nearing the upper range of an 18-month base).
For me immediate (non-delayed) access to my insights and ideas, get in touch today.
Finally a strong breakout from strong support levelsSimply put, that fight for a big share of the engine market has been extraordinary costly – but it is now won.
#RR. has finally reached 50% market share for wide-body engines, a milestone that consolidates its outlook and should see significant growth in share price.
'Its defence and power arms now each account for roughly a third of the whole and the former in particular has proved a stable business, while the latter works to a much shorter cycle than the aero-engine division and should therefore recover more quickly from the pandemic.'
Share price is still at bargain levels, guaranteed gains in coming months.
www.telegraph.co.uk