I think Wacker chemie had hit the bottom, see the dojo, oversold on the RSI and the divergence of the MACD is also decreasing. There are not really reasons why Wacker chemie had lost 37% of his value in the past 26 weeks. The fundamentals are also nice for the long term investor
Delta Lloyd NV has potential to rise in the coming weeks. The share is on record low level and has been punished in the past two months. The RSI is really low and the MACD divergence is increasing and there is a lot of upside pressure, my goal is 9.55, the other resistance levels are to far away and there is to much negativity in the market, to break thru these levels.
There is a diagonal trend line and a horizontal trend line. This looks like a flag pattern. I think it will go up because this is told during courses and i had read that in books. But the indicators aren't giving any signals. The second problem are the earnings per share. Do the market wait, are numbers good enough or bad? But I go long.
The RSI is oversold, the stock hits the 1Q high and there is divergence ongoing. I'm going for a put backspread
I had entered in a Call backspread (short call $23 (7) and long call $24 (10)), three days ago. Two days ago the underlying had risen to $25. To became delta neutral I have gone short with another $23 call.
At the moment it looks like the support is holding and that the trend will go to the resistance. I haven't had a glass boll for Christmas previous year so I don't know if the resistance holds again or that it will break.There is a possibility that a J patter will happen.
Maby a moment to go short. I think the trend is to much overbought (See the RSI, CCI and the %R), to break the two resistance. I will wait until I get some confirmation. Today is also the release date of the retail sales in America and the testifies of Yellen, so we will see what will happen.
The EUR/USD is hitting the resistance (channel resistance), the %R is in the oversold area and the MACD is also at a high value. I am a beginner in the forex world, so if you have tips or do you think it is a good conclusion or a bad one (everythink is possible). You can send a message below.