Ripple price seems is going to look for a lower support in the following sessions. Good luck!
Despite being one of the stocks many value Hedge Fund managers claim to have into their portfolio (Cobas Asset Management, Azvalor, First Eagle, Toscafund, Templeton Global etc), it seems the share price has not reached the maturity cycle to attract the bulls... yet. I like the company, but I do not think it is the right time to develop long trading strategies,...
Last week, Phillips66 stock tested the 200-day moving average and so far, that level has held up drawing a hammer. A likely rebound on the share price can be back up by a rise in the Crude Oil price this week. Stops below $89.80. Good luck fellow traders.
A pullback to 107.50 is likely if the pair price move above 106.45. Good luck fellow traders
We have previously posted a scenario about OHL. Despite the fall last week, the targets remain intact. Good luck fellow traders
The pair has a short target at least in 131.50. Good luck fellow traders
The CAC40 looks extreamly weak. It seems that the Index price is heading towards the 5.000 level without any hesitation. Good luck fellow traders
I can only see bearish scenarios when it comes to cryptocurrencies. A rebound may be likely in the short run after hitting a strong support, but I remain bearish in the medium run, as I mentioned in my previous post about Bitcoin. Good luck fellow traders
S&P 500 moved lateraly above 2.813. The important support is holding for the moment (2.822-2.807). A break below 2.807 will be a weak sign and the index price may be moving down to the next support located around 2.750. 5 and 10-Year T-Note Futures rise sharply and the T-Bond is above 3%. These may indicate that a correction is coming soon. Good luck fellow traders
One week ago, the share price developed a bottoming tail, which is a strong reversal pattern. Since that bottoming tail, Sprint has consolidated in a bull flag pattern. This may indicate that a generous move up towards 5,94 can be witnessed. A tight stop can be located below $5.10. Good luck fellow traders
Shares of McDonald's Corporation are trading at a P/E ratio over 30. No matter how solid earnings reports the company may have published, it is time to correct the excesses. Good luck fellow traders
The share price has been 37 weeks on a lateral trend. It seems the bulls are gaining momentum and a visit to the €7.95 level is more than likely. A strong support can be found in 7€. I am LONG. Targets at: €7.95, €8.28 and a final €9.35. Good luck fellow traders
The $170.00 level is a very important support for the share price. It may hold it into earnings but then it could break it lower. Aggressive traders can buy it at $170.00 for a few Dollar bounce, but I would rather wait for the bounce to possition myself short for some sessions. It seems the share price in looking for a lower support (at least $164.00 - $162.30)...
Tesla share price is still trading into a bearish consolidation pattern. The neckline of the bull trend, now an important resistance, has rejected again the bulls. This suggests that the scenario previously depicted still stands. A current entry short at around $345 with a stop in $364 seems like a good risk-reward strategy. Good luck fellow traders
The share price is moving towards a strong support around €8,70. The descending triangle break up by its superior leg, may provide us with a first likely target up to €9.48. A second target for the share price might be €9.95. Good luck fellow traders
As mentioned in a previuos post about Ferrovial, a new hike of the share price was likely. After a first bullish leg, the share price has moved back towards a strong support. Long trading strategies are advisable again, with stop loss below €17.98. Good luck fellow traders
Bears took the control of the share unfairly when one of the three mines of the company (Cerro Bayo) suffered a flooding incident last year. But from misfortune grows opportunity, and Mandalay share price has been slidding lower and lower until reaching a current valuation which is totally unjustified. In addition, the share price is currently drawing a rebound...
Breaking the 1.7530 resistance, the 1.7680 will be at a stone's throw. I would love to see an houly retracement before trying to overcome 1.7530, but the pair price seems very determined to continue with the hike. Good luck fellow traders.