Get started
HANNOVER RUECK SEHANNOVER RUECK SEHANNOVER RUECK SE

HANNOVER RUECK SE

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Bonds

HNR1 trade ideas

Possible Bearish Divergency - Hannover RueckXETR:HNR1 There might be another bearish divergency coming with Hannover Rueck. There was a first one mid september (see first red arrow in MACD). The downtick of the MACD completed a bearish divergency, as prices moved to a higher value but MACD to a more shallow high. Going short with the downtick would have meant possibly going in at 120. Completing the pullback into the value zone between the EMAs and buying with around 118. Now a second bearish divergency is emerging. As long as MACD stays as shallow as it is and there is a down tick this is a signal to go short. Note that the weekly shows trending long and Elder impulse is both green in weekly and daily. So far selling is permitted. Take it at your own risk. A pullback to value is possible here. Entry might be around 121 Stop loss at 122 Profit taking at 119 Let me know what you think.
XETR:HNR1Short
by brazo581