Generic Analysis AZIMUT HOLDINGSI have a strong bullish vision on Azimut, the company is doing quite well in the last years.
I believe the last leg down is mainly due to the italian election and the rise of populist parties. Not a specific problem with the company.
Recently the main shareholders have managed to secure the control of the company buying more shares in the downturn.
The company have announcted recently a buyback problem.
BGN - soon a new move DownBGN is within a 5 waves down period that started in Jan 2018.
Now the stock is in its 4th wave, a reaction which has either an a-b-c aspect or it will present an a-b-c-d-e aspect.
One way or another, the odds are that once this move ends, the last wave down (5) will follow to lea BGN below 20 euros.
Therefore we have here an opportunity for Short.
Looks like a super BUY!Ferragamo is completing a flat top ascending triangle which is a super-bullish pattern.
After dropping 40% since May, in these days we are touching the upward trendline. Here we touched three times since 2012, which is a sign of strongness.
RSI is also in the underbought zone.
A closure over 20MA and 0.786 fibo is a SUPER BUY!
The above references an opinion and is for information purposes only. It is not intended to be investment advice.
CAMPARI - New highs are coming?Hello traders , today i'm going to show you an idea about italian stock market , usually don't post ideas about this market but it could be a really nice long opportunity.
Broke the ascending triangle upside with a strong bullish movement
7.000 zone is the higher high of the graph. If will break this zone there will be new high so a continuation of the uptrend.
Can suggest you to wait , be patient and see the next days what might happen , it might be a good long opportunity.
Remember always that's just my opinion , it's not a financial advice , don't be greedy and protect always your capital.
Have a nice day traders !
Analysis on Amazon 14.06.2018
The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero line.
The oscillator Force Index is above the zero line.
If the level of resistance is broken, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1714.00
• Take Profit Level: 1735.00 (2100 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1697.00
• Take Profit Level: 1690.00 (700 pips)
EURUSD
Possible long position at the breakout of the level 1.1840
USDJPY
Possible short position in the breakdown of the level 109.80
USDCHF
Possible short position in the breakdown of the level 0.9820
GBPUSD
Possible long position at the breakout of the level 1.3470
Mediaset SPA Italian Stock longs at monthly demand levelsVery strong monthly demand levels created on Mediaset SPA Italian Stock. Clear setups to go long very low around 2.6 and 1.98
New very strong monthly imbalances to go long with used up monthly supply zone overhead. Long bias
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