AEGN trade ideas
Aegon shortWe are currently seeing higher lows and comperable highs with the RSI moving towards overbought, around the 5.4 i expect there to be a short term pullback.Mid to long term still seems good, as aegon is undervalued (shown by their P/E ratio) in relationship to other parties in the same industry and the positive MA ribbon. As such my proposition is to hold long and buy short turbo/put options to cover short term movements.
For the exit strategy of the short position a filter rule should be applied. If the movement doesnt complete within 7 days of buying the short/put or if aegon breaks throught the next resistance level for more then circa 2 days the short should be sold.
Long IdeaAEGON N.V. provides life insurance, pensions, and asset management products and services worldwide. Company is listed on the New York Stock Exchange. Price formed a 24 month long H&S pattern. This is possibly a bullish reversal pattern. If and when weekly close above 6.38 could target H&S bottom target. Which is 8.44 area.
Tracklis stock: AGNAdding this stock to my tracklist: no position atm.
AEGON NV operates as a holding company, which engages in the provision of insurance, pensions, and asset management services.
It operates through the following segments: Americas, The Netherlands, United Kingdom (""UK""), New Markets, and Holding and Other Activities.
Its products include life and non-life insurance on accident, health, car, and fire.
The company was founded in 1983 and is headquartered in The Hague, Netherlands.
Website: www.aegon.com
- Sales 2017: 23 473 M
- EBIT 2017: 1 942 M
- Net income 2017: 1 260 M
- Yield 2017: 5,50%
- Sales 2018: 24 230 M
- EBIT 2018: 2 031 M
- Net income 2018: 1 320 M
- Yield 2018: 5,76%
- P/E ratio 2017: 8,05
- P/E ratio 2018: 7,69
- Capi. / Sales2017: 0,42x
- Capi. / Sales2018: 0,41x
- Capitalization: 9 937 M
Tracklist: No Advice Atm
aegon stradleI expect aegon to carry on moving within the tradingrange it hit last year. this allows for money to be made using a straddle. As the CMF, a indicator for volume, is still positive i expect it to first bounce at 5, hit 5,5 and then go back again. over the last 3 months we saw that financials had high returns, i do not see a change in the short term for this. furthermore i expect a push for the AEX To hit 466 before christmas
AGN Bulls winning the fightHey guys,
Picked up a nice analysis on AEGON today.
We saw a breakout of the resistance earlyer this month and we retraced back to the resistance for a while.
We hitted the support 3 times and it looks like the bears fight is over.
On the last hit we gapped up with an very bullish candle that tells me that the bulls are planning to get some higher!
Good luck to you all!
Best regards
Aegon moving upwardsAegon has lost alot of value after closing down/selling a part of there english brench. Looking at the history of Aegon it has always restored to atleast 5 but 5.5 has been hit often as well. The trend shown with the pitchfork isnt to be expected after 6.To summerise:i expect aegon hitting 5.5 coming down again and afterwards going up to 6 in the longer run. As i see selling of the problemsridden english brench as a good move. MACD is still positive on the weekchart.