BPEthe macd still on the sale signal but as is close to the buy signal we take a small buy enter to check the signal at 4.64 with first target 4.72 .but the enter now I move to 5.00 take profit and I move the stop lose to the enter point, as you see on the pass few months the cart correlate very well and we expect to break the channel and reach 5.40
BPE trade ideas
BPER / Banca Popolare Emilia Romagna is a buy. Banca Popolare Emilia Romagna is a s buy. Highly increased volumes are associated with a long white candle. First relative target for the long strategy is at 5.33. Final target at 5.79
Price oscillator is moving above the zero line and now oriented upwards.
Bpem break out
The RSI shows how much the stock has been oversold. The title in the last few day showed strength and i think that, if it breaks the 5.21 level, it could have the necessary push to have a fast hike, until 6 euro. Pay attention, the banking sector is very volatile in Italy now, not like American's titles maybe, but it is more than in the past. I've also noticed that the Ftse mib is pulled by banks now, so if you see the ftse positive it is at 90% because of them.