paintek

paintek Updated 

NYSE:LYB bounces on 200 Moving Average and 0.786 Fibonacci level on the Daily chart. Entry price: 111.70

paintek Updated 

NASDAQ:MDLZ had a golden cross on the daily chart. Price is above the 50MA and 200MA, those provide good support. Trend line/parallel channel also gives support. Entry strategy: wait for the next bullish candle which confirms the uptrend and cross above 42.96 TP: 44.85 SL: 41.50

paintek Updated 

CON had a huge drop recently. As a result RSI is in the oversold zone, and MACD will give buy signal soon. P/E RATIO: 10.30 (considered low comparing to DAX index average P/E ratio) Entry strategy: wait for bullish candle which cross the 163 price. Maybe we will need to wait a couple of days to see that confirmation candle on the chart. SL: 152 (-6.7%) TP: 181 (+11%)

paintek Updated 

Price is bouncing on the 200 Simple Moving Average, and reached previous support zone. Long term uptrend: MA 100 > MA 200 Stoch RSI is in oversold zone as well. Price bounced back from MA 200 many times in the past. Wait for the next bullish candle before open the trade.