Long monthlyAnalysis:
Elliot wave completed;
61.8% Fibonacci retracement;
closing price at the bottom of ascending trend line.
Suggestion:
go long at least to point 5.
Tenaris - SHORTHello Guys,
a nice short opportunity for TENARIS.
Daily candle has broken out a multi-month ascending channel.
First target at 13.50, where we can visualize a strong horizontal support.
See you soon,
Simone
INTESA SAN PAOLO: WEEKLY Analisys_Short on MayBasing on the hypothesis of "Sell in May" we have a 66.66% of accuracy
(8 red months, 4 green months, so 8win/12trades).
It should be a nice start for a study on statistical cycles patterns, seasonality and other things....
All thanks to Enrico!!
Analysis of volumes on the big picture Arrows and circles show the most significative areas of fighting btw sellers and buyers.
In my opinion there is a main down-trend with 2 abcd's in formation. The idea will be confirmed if the price breaks the 12.3€.
Amazon Macd RSi StochVery good opportunity to buy 10 minutes period after Stoch 20. You can see. I used my mentorprogram with 3 indicators. Rsi had a signal upper 40 . Macd showed paralel blue and red lines.
This is last 20 seconds when 3 dollars rebounded. But I won on these positions 5 times 40 euro and 60 euro lost.
APPLE; weekly chartThe candle formed on the hill is a clear drop signal. As long as it cannot close over 194 dollars per week; the trend bottom and the horizontal support, $ 186, are high.
channel break to upside will be goodtouch the top after earning, higher tops... leaning toward upside
Selloff not over yet!The selloff is affecting Italian banks is not over yet.
The stock entered a bearish channel and is headed to 1.8-1.9
Of course the price is heavily drugged by political risk and next Italian government's steps might change the trend abruptly.
***As usual not a trading advice, merely my idea for informational and educational purposes only***
Moncler is a SHORT - TARGET 25 EuroMoncler is a SHORT trade.
Reasons: Widening out of Bollinger Bands with a clear Long black candle crossing below the lower BB on weekly chart.
Got confirmation from MACD indicator and RSI giving us indication of weakness.
1st target at 25 Euro.
See you soon guys,
Simone
BPM is a SHORTBPM is a SHORT
Reasons: - Widening out of Bollinger Bands and a long black candle crossing below the lower band-
Macd is confirming the bearish view
See you soon guys,
Simone
ENEL TAKE IT OR LEAVE ITTrendline, Breakout, retest of the historical support/resistance after break out and small channel correction.
Good buy opportunity.
BIO
WHALE TRACKS !! A CASE STUDY. ISP is an Italian bank that has really taken a beating this year. Under all metrics it is a really weak institution.
What I wish to demonstrate today is how whales operate and hopefully how to take advantage of it.
Before I continue I'd Like to state two Axioms I take with me anytime I chart
1) A body in motion stays in motion unless an external force acts on it
2) Don't trade or look for the bottom , always wait for it and act on the weaker price action
Ray Dalio put a huge net short position on this bank , before the Italian fixed crisis and the Turkish mayhem that had a bleed over on the whole of the EU.
It is the actions of institutions that guide us , not our hypotheses. With that said are you willing to go long , short or wait? What are the positions in the market , who are in control of the market . Where and how does that change.
Those are the questions that I ask price , and I use its answer to give me a position.
HAPPY WEEKEND.
strategy closed with stop lossthe stock has good fundamentals, strong uptrend and 200 mvg stay long if you belive in a broad mkt rebound
