BMW3 trade ideas
BMW - VW (Correlation)Comparing the BMW chart to the VW chart it is striking that both price developments are strongly correlated to each other. Given the current spread between the two price changes in percentage, determined by using the closing price of the first day after going public, subtracting it from the current stock price and then subsequently deviding it through the first closing price, this offers us to greatly take advantage of their correlation. Obviously, it is likely that both prices are going to cross again in the future which means that all we have to do is shorting the BMW stock and buying some VW stocks in order to benefit from the decreasing spread between both prices. If we now charge both positions with the same amount of money and then close them when prices cross again, we are going to end up with 16.43% in profit.
Contradiction of 2 IdeasSo MA 300 and 50 are both providing a different signal while below 36 was giving an another signal...At the end in those set ups it was MAs that have won
Bearish ButterflyI founded in h4 a Bearish Butterfly sl at 92.42 remember 11 of May the dividend Day. So if you trade this share manage your Sl and follow the market. If you agree write a comment and follow me in tradingview.com USA
A bearish butterfly but...In h1 I founded a Bearish butterfly whit a divergence in RSi. So in the normal time it`s ok but the 11/05/2017 it`s a dividend Day, 3.50 euro for a share. i Think the share goes around 86.21 but see the chart and comment to learn toghether
BMW: Would You Like To Buy BMW?BMWYY has complete an Expanded Flat in Jul 2016 at 23.65.
Look for a minimum target at its previous high at 44 zone.
A break below 23.65 implies a more complex and extended consolidation.
BMW ...review ...uptrendi see:
breakout and pullback to descending trend line
breakout and pullback to a strong price level
so :
im looking for breakout of this tl and entry to buy position on daily time frame
BMW.....................BUYuptrend ....
big bullish candle after ending pullback ...
nice r/r ...
buy
BMW NEXT LEG HIGHER COULD BE COMING SOONI am having BMW on my watchlist for quite a while and i am reading alot of positive fundamental news about the company and their car-sales, for example they are expecting 2017 to be their 6th consecutive record year etc.. The chart technical picture is lining up more and more with the fundamental view. I am expecting the 5th wave higher to start pretty soon.
However, i will await Trumps speech tomorrow before considering to buy but its a stock to keep an eye on and maybe add to the portfolio if it fits your checklist.
I am currently looking at 2 options to play this:
1. Buy on dips between 84 and 81 with a stop at 78.50 or so.
2. Wait for the breakout of the golden falling trendline it will indicate a high probability of the end of the corrective phase and enter.
In either case i am targeting the magical 100 mark plus the Risk:Reward looks pretty good.
Trade wisely and with care.
Blessings to you all.
BMW Stock Bullish continuationI think that the correction is going to end
So Look for price action in the green zone before buy.
BMW_buy and holdhi fellow traders,
There is a very good opportunity to go long with BMW. At D TF, BMW has been now trading along the up trend channel for both corrective and impulsive waves. My target for this share should be until the end of second quarter 2017 at 100.xx USD/share. SO go long from now and hold until that mentioned time.Around 13.14USD/share will we benefit, or the stop loss will hit and we risk about 3.76usd/share.
More details about just take the depicted chart for your reference.
Trade well!
m2m
BMW AG analysesHey Guys,
Here is a chart from BMW it was in a very nice uptrend. Now we reach an interesting level of support.
If the stock close under 83, I'll be very bearish.
BMW confirmed breakoutNot an easy 2016 for BMW.
Look where we started and where we ended 2016. Not much happend.
Still below the last price in 2015.
BMW confirmed the breakout with the first and second pullback.
Therefore GAP-Close is only a matter of time - the sooner the better.
With a market cap of about 58 Mrd. Euro BMW is 9th largest DAX memeber and will push DAX closer to his ATH or even above 12.400.
Above GAP-Close BMW will directly go for 104 and maybee even for 123 Euro.
We will see.
SL for every entry can be 83,35 or 79,90.
BMW should not close below the "new" trend.
Successful trades
long BMW @ daily @ trading capability until january`17Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Overnext month i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
