FP trade ideas
TOTALYou are not currently thinking of buying the stock, as it is below the trend, as it will still continue to collapse and it is possible that the share price in the coming hours will reach 38,800 and 38,500
40 resistance broken, next is at 43.6Now the resistance 40 is broken we have a strong support and can test the next resistance of pre covid value 43.6
In my opinion, the oil stocks may enter in euphoria and FP is maybe only at the beggning of a rallye for spring.
analyse on TOTALafter touching the resistance, total will have a very nice fall in the days that follow
Don't let the bad results scare you.Reasons to buy:
+Oil price going up
+Vaccinations going up
+Bull flag (green)
+Good support line (orange)
+Best dividend payer in France
+Price has not fully recovered since march (yes i see this as a plus)
Reasons not to buy:
-MACD hasn't crossed yet
-Not yet oversold on daily
-OIL isn't that popular these days
I see 2 situations happening:
green: slowly rising till we break out from the flag.
red: Fakeout (Orange support didn't hold) and later we also break out from te flag
When should you be worried: If the bullflag support line doesn't hold (bottom green line) and if the 100 and 200 MA lines don't hold (green and purple line righ under the bullflag). TBH i don't see this happening, but that should not mean that we aren't prepared for that.
Good luck & Have fun!
Don't let the other red and blue lines distract you.
An opportunity to buy at 34 ?In a short term analysis the position is short.
So if you sold at 37 you can rebuy at 34.
But be carefull the consolidation could go further so i advise to prepare several buys
Total figures become clearer nowWe can see a strong resistance appear at 38 and was tested several times now.
So if this resistance is broken the signal will be a strong buy.
We also have a good support at 36.
Between 36 and 38 some trades can be made.
And if 36 support is broken, we may go to 34 wich is the december's resistance
And after 34 we have a resistance at under 32.
There is maybe a mini gap to reach at 33 but i prefer to let the graph simplier.
Personal, I'm waiting to see if good or bad news are coming to give another tendancy to the stock.
It looks like the market is doing the same with this flat figure last week
We already increased a lot so maybe we see a strong correction and if it the case you have the entry points in this analysis :)
Total: Time to Watch: France By Sun Storm Investment Research
A Profit & Solutions Strategy
Web: sunstorminvestment.tk
Disclaimer: I am not a financial advisor, so please do your own research before trading anything
Buy with cautionI think with my humble opinion that this is a chance to buy BUT with caution and watching the market every 15 minute.
If you like the idea please support me with a like or comment to let us know what you think
Tnx
Zd
Total broke his descending trendTotal broke positively his figure, now we still try to reach the resistance (38.6).
If you did not take you profits in 2020 you have a second chance here in short term trades.
If we break the 38.6, we can hope again to reach 40 in the next months.
First resistance ebaten now let's reach 39€Today we passed the ressitance tested last week so now total is in my opinion positive until next resistance around 39€
Going to test the 34.68 resistanceFP is carried by good new and the rotation for defensive values
Graphically, Total is going to test his next resistance a approx 34.68.
If the resistance is passed total can try again to test the psychological resistance of 40.
Some consolidation may occur but the market is buying until other news arrive.
Simple Analyse (TOTAL) : Haussier ou Baissier ?Le marché fait une petite tendance baissière depuis quelques jours, peut être juste un retour dans sa phase de range en allant toucher les 29.400 ou il va enfin casser sa résistance oblique qui l'accompagne depuis un bon bout et atteindre les 38.200. Restons attentif en tous cas.
Suivez moi pour des analyses simples et pertinentes.
Time to sell?The candles are about to meet:
-0.618 lvl
-200 daily MA
-50 weekly MA
-Some resistance lines
It's Overbought (daily)
A nice correction wave has (almost?) formed
The last 2 daily candles look like the ones from early april
The blue rectangle seems like a nice place to sell.
Don't take my advice, these are just my thoughts
Total SA Stock AnalysisWait before buying - Wait the end of potential price retracement before buying.
it is not a Descending triangle!!!!
