TrendBridge

TrendBridge Updated 

Logic: Above 252D EMA & Yearly Pivot, confirmed uptrend. Entry: €110-€111 area. Stop: daily close below 21D EMA (€108.45, -2.29%) or (€104.50,-5.80%). Target: €125

TrendBridge Updated 

Logic: economic recovery/bounce back idea. Entry: €64.50 or ideally at yearly S3 support, €55-€56 area. Stop: €56 or < €48 in second case. Risk: -13.18% or -14.29% Target: initially €78.13, longer term mid €90's Gain: +21.13% or +39.52% Note: high risk/reward longer term speculative idea. AIR remains in downtrend.

TrendBridge Updated 

Logic: in confirmed uptrend following steep correction & 2 month sideways consolidation. Entry: €365 or better, (ideally to be bought on a pullback into 200D EMA in the €360-€365 area). Stop: €343 Risk: -6.03% Target: €403 initially (gap close), longer term €426, yearly R1 area. Gain: +10.41% & longer term +16.71% Note: longer term play in the strongest luxury name.

TrendBridge Updated 

Logic: a close above 50D EMA a positive, suggests intermediate trend pointing higher. Entry: €17.00 Stop: €10.85 (consider to close immediately in case of negative corona news) Risk: -23.53% Target: initial €24.75 gap close, mid €30's realistic longer term. Gain: 45.59% in 76.74% in second scenario. Note: Longer term speculative idea; Carnival significantly...

TrendBridge Updated 

Logic: close above yearly pivot, in confirmed uptrend & > 200D EMA. Entry: €6.70 Stop: €6.20 Risk: -7.46% Target: €7.70* Gain: +14.93 Note: *initial target €7.27, possible gap close in €7.40-€7.80 area.

TrendBridge Updated 

Logic: close > 50D EMA & bounce off lows, positive news developments. Entry: €9.00 area Stop: €7.70 Risk: -14.44% Target: initially: €10.70, longer term: €13.30 Gain: +18.89%, longer term: +47.78% Note: long term trade idea.

TrendBridge Updated 

Logic: close & re-test of 50D EMA puts AXA in intermediate uptrend following significant drop and 2 months sideways consolidation. Entry: €17.00- €17.20 Stop: €15.50 (can consider lower if longer term outlook) Risk: -9.88% Target: €20.50 & ultimately €23.00 yearly pivot retest from February drop. Gain: +19.48% & longer term target +33.72% Note: among highest...