HMI have been waiting for this move for a long time I see no other good reason to add as long as the ullflagg is intact. 225 is my diet target
HM_B trade ideas
Short H&M on retail clothing looking bearishWe are bearish on retail apparel companies for the most part given the current macroeconomic environment which has a decent probability to continue well into 2023. R = 2.13 on this trade which makes it a go for us.
HM_B Longback to highs possibly. interesting price levels. already in long long term, this price reflects a price that is interesting yet again. back to highs as per usual. no real timestamp in the outlook.
Khan's Handelskontor - KW 41 - Swing Trade Idea - $HNNMYChannel bottom, a lot of gaps above, Fall/Christmas season ahead
Khan's Chart-Requests 17 - $HNNMYAfter recovering from the Covid-Drop - back in the big upward-Channel and beaten down after good earnings. Looks interesting for a swing
The trend is your friend until the endHi friends,
This might be a long opportunity on H&M, stop loss below uptrend channel :)
Trade safely!
HM_B - Hennes & MauritzHey Friends, here is my Analysis to H&M. Falling Wedge in the 4h Chart. (all information in the Chart)
Just my opinion no financial advice.
H&M - Short term. Hoping to break roofH&M will soon release their new collection of clothes, a collaboration with ''Menwithclass'' who has nearly 5 million instagram followers. This means a lot of marketing on social media for their webshop, and also a lot of more sales. I expect they'll break the trend-roof in the near future.
Good long term buy in H&MTechnical: The support resistance is getting testing at 170 and the bottoms are consistently getting higher. H&M is a good long term hold in an increasing trend. Once it breaks out above 170 it will reach higher levels.
Fundamental: H&M digital turn-around and finacial reports shows signs of improving into an omni channel future with ecommerce in place. The investsments made are now starting to show.
HM_B HENNES & MAURITZ AB (HM B)Structure looks like an expanding diagonal.
We have targets @:
TP1:
TP2:
TP3:
HM_B HENNES & MAURITZ AB (HM B)Well the bottom is in for H&M.
We finished of the bear market with a textbook triple zig zag with a zig zag x wave.
Elliott wave theory is validated with a 1:1 fib ext X->Y nad X->Z
H&M is ready for sellGood day, I think 136 is a nice place to sell from.
Check my twitter and found something useful!
1 month take on HMI currently see HM and being pretty bullish, it seems to be dusting off the big downward trend.
Happy trading
HM making a dive to the south.H&M broke out of the bearish triangle. Entry on breakout, stoploss inside triangle. Low risk high reward.
Markets can be beautifully unpredictable.On the 10th of September H&M signalled a strong bottom. This was a good sign to open a long position.
Didn't work immediately giving a bit of doubt, but the patient ones got rewarded.
7 days later it jumped 20%
Entry: 121
Exit: 135
Return: 11.5%
H&M warned 5 fays ago that a drop was happening...H&M was climbing for many days until it run out of fuel..and then a 4% drop came. The ones that prepared days ago did well today.
HM seems like it is at a bottom ranging back to 2008 and 2000I hope HM will go up from here based on technical analysis
