Facebook's stock price has been under pressure since yesterday. Now we see a continuation pattern by falling through the level of the main Fibonacci EMA. There has been no signal of a rebound yet. In the past we saw a rebound which reached an important Fibonacci EMA line. At the moment Facebook is going to put pressure on the next line. Is the stock going to...
WPP shares are rebounding, through the level of the SMA55 bulls are on fire! That's at a level of 1475. Bulls are very strong if we are looking at a long term picture. The rebound undermines a potential long term downtrend which we can illustrate as an overshoot. Bulls are ready for takeoff. Target: 1575 and more to come
Imperial Brands has faced a long decline over the past few months. Now we see a retracement zone at current levels. I wouldn't be suprised if we could soar in the near-term due to very oversold conditions. The Money Flow index is indicating as a non-lagging indicator that buying parties are flowing into the stock.
We can see a clear bump and run reversal pattern. Now a return to the main trend is likely to happen. This is an attractive risk reward! I'm short in Air France KLM.
The Moneyflox index declined very hard, the hardest decline since years and now we see a little recovery. The best scenario is pullback to the level 10.45. Then we see if a rebound is possible to happen.
WTI is going to set higher and fulfill a lower top in the long term chart. The momentum is going to cross below the zero level. Investors are doubting and the potential upside for the Bollinger Band indicator is null. The main indicator continues its declining path and suggests that a trend reversal is unrealistic. After completing the ABC Wave of the Elliot Wave,...
Indicators suggest that there is a massive decline we don't see in the markets yet. If we have a look to the downside of the chart we can go to at least 127 euros. The stock was overbought and the news that the European Commission is going to punish the German car makers is worser than the market thinks at this time: the history shows a small recovery and less...
Adidas, more upside potential in indicators with a growing moneyflow. There is positive divergence with this indicator. Stock can rally to at least 184. Buy!
Ablynx' stock price jumps. Shorters are covering their positions in the U.S. Now a 14 level and a 15,50 are very close targets for now. I bought this option: ABY C12.50 18AUG17. Buy!
Gold is going to set for a rebound. The negative momentum is absorbed and. For a continuation of the rebound, gold has to break the declining trend line. There is now positive divergence but the chance that gold set al lower top in the medium term is very likely present. The targets for the short term are 1237, 1246 and 1258. Above these levels gold can reach a...
The Euro Bund has been declining enough yet. The more completed stage of Elliot Wave and the sentiment are indicating that a push up is realistic in the future. My target is at least 163,18.
Netflix its chart looks fine. The momentum turns into a positive sentiment and indicates that the bulls are fighting back on the short term. It's like the scenario of BESI where we saw doubts in the past but a positive momentum we didn't see in the chart. Netflix can advance to 171 dollars or even to 179 dollars. Then a pullback to 163-164 is the best scenario for...
If we have a look to the negative divergence in at least 2 of the 3 indicators, we can see that shares of the Fagron Group were pushed down. Then we saw a massive positive divergence which resulted in a giant bouce. With impressive spikes, the momentum ran out of upside power. At this very moment we can observe positive divergence and there still is a gap that has...
The Dax can advance in the near term to the top of this year. The momentum turns to positive and the correction Waves of the Elliot Wave Indicator are completed. The Dax is going to outperform the next weeks!
Amgen is a good performer the latest weeks. We see that indicators (Elliot Wave Oscillator, not given in this chart) give us positive and negative signs. First of all the power of the bounce becomes weaker. On the other hand there still is a gap and Amgen is trying to fill this. If Amgen breaks the declining blue line, the power of the uptrend increases. Above the...
The Dow Jones index is standing on a crucial point with a momentum which is not too negative or positive. We have to choose a direction. In my opinion there is enough power for the Dow Jones to jump to more than 22 100 - 22 500 points. If we break the blue resistance line in the PGO_LB Indicator more upside potential is present.
Although the Elliot Wave Oscillator indicates a bottom in the stage of the decline, the momentum becomes more negative. In my opinion IBA is a falling knife and a target below the 30 euros is realistic. If we get more signals that the decline is over, a long position is the best strategy to take advantage of a rebound. If the rebound is supported by a great...
Bitcoin and other cryptocurrencies are crashing. There is a lot of damage in the technical situation. All of a sudden Bitcoin/USD crashed to a support line in SMA. Bollinger Bands indicate an oversold condition and a similar level to a prior decline. If the SMA and the support line in the Bollinger Bands can resist further decline, then the first target is...