Tenaris is a long. First target at 14.55 Euro
Double top for Tesla. Technically the picture is getting worse in a fast way. First support at 285 Usd. Our technical indicators are confirming the bearish view as well.
Great long occasion. Saipem is a long, supported by huge volumes! First target at 4.0
Caixabank has broken a prolonged uptrend. First target for our short strategy at 3.45-3.50, which represents a 38.2% FIBO retracement. All indicators are confirming our view as well.
Banca Generali has broken the ascending trend line. First target for our strategy at 25 Euro
Saipem has broken a horizontal resistance on a 15 min time frame with increased volumes. It is suggested a buy
Kas Minerals, after hitting new higher-highs and higher-lows, has broken a horizontal resistance. There is room for a new movement upwards.
Above 11 Euro, FCA is a buy. Indicators are confirming the view. In terms of market news, there are positive rumors about the stock,
Ascending trendline has been broken, as visible on hourly chart. After usual 5 Elliott wave, I expect to see an abc to hit my target at 127.700
Over a long term, Euro is a short vs Jpy. However, on a short perspective, itis suggested to trigger a long trade with a target at 129.500
Time to short Euro Vs Jpy. First target at 125.90 Stop loss at 131.500
It is suggested to short Deutsche Bank since the horizontal support is under pressure and it seems it has been broken. Dax30 is now underperforming South European Markets. Deutsche Bank is one of the weakest German stock listed in the main index. I will update my trading idea with stop loss and take profits level.
Atlantia has broken above a weekly horizontal resistance. That might be a good opportunity to open a long trade.
Banca Popolare Emilia Romagna is a s buy. Highly increased volumes are associated with a long white candle. First relative target for the long strategy is at 5.33. Final target at 5.79 Price oscillator is moving above the zero line and now oriented upwards.
Third consecutive descending cycle for SNAP. Coppock Curve is not oriented downwards on both daily and 4hr cycle. Macd is confirming our bearish vision. You can visualize other trading ideas at www.wallstreetimes.com
Italian Index is breaking out above the relative high at 21700-800. Just let's wait to see a weekly close above this level and a confirmation afterwards. Price oscillator is moving above the zero, confirming the upwards cycle. Natural target of a buy strategy is at 24000.
Hugo Boss is a new buy trade. Highly increased volumes are associated with a long white candle. The resistance area around 71/72 Euro is now under pressure and it might be broken, giving more room for a stronger movement upwards. Price oscillator is above the zero line and oriented upwards, as like our modified stochastic and Coppock Curve.
Bmw has a very good risk-reward ratio for a short opportunity. Increased volumes have been detected in correspondence with a bearish closing Marubozu. Price oscillator is moving below zero, giving confidence about the bearish cycle in place. Coppock curve is moving in a bearish modality as well. Clear target for our short strategy is 74 euro, which represents a...