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A-shares

LONG POSITION ON SANTANDER S.A. - D1FOR THOSE WHO DO NOT KNOW SANTANDER S.A. IS ONE OF THE MOST IMPORTANT BANKS IN SPAIN. THE STOCK VALUE HAS BEEN DECREASING SINCE MAY 2015 WHEN THE PRICE WAS WORTH 6.80 € A SHARE. NOW SANTADER IS 3.87 € A SHARE AFTER 1 YEAR AND 3 MONTHS APROX. THIS FALL HAS STOPPED NOW. FIRST SIGN OF CHANGE OF DIRECTION WAS THE TRIPLE GROUND SUPPORT LEVEL BELOW. THE MARKET CHANGED DIRECTION AND IT HAS BEEN FORMING A SOLID TRIANGLE PATTERN WHICH HAS BEEN FINALLY BROKEN. I HAVE PUT A BUY LIMIT ORDER AS YOU CAN SEE LOOKING FOR THE RETESTING OF THE TRIANGLE. IF IT HAPPENS WE COULD MANAGE TO DO A VERY NICE ENTRY TOWARDS TO FURTHER RESISTANCE LEVELS FROM THE PAST YEAR AND 3 MONTHS AND LOOK FOR MANY BENEFITS! TELL ME WHAT YOU THINK ON THIS!! CARLOS
BME:SANLong
by ccerezo11
4
$REN Short $REN I will be looking to short depending on Price action at the open. The stock is a previous runner where it managed to almost get to 9.00. However, following four days of solid volume with massive gains, the chart looks over extended and had fading volume. I will look to enter on the open or possibly into the late afternoon to hold over the weekend depending on P.A. and level 2 data. I am remaining conservative with my risk and will probably trade no more than 1000 shares with a risk of around 10 cents per share. If it drops of a cliffs edge then there is a potential 60% return. Happy trading.
RShort
by barry_fxtrader
Standard Chartered – Bullish break lacks supp of strong volumes Standard Chartered shares are flirting with inverse head and shoulder neckline and appear poised to close the day higher. That would be confirm a bullish break and present a technical target of 831. However, as of now, that appears a big task given the banking concerns in Europe. Nevertheless, a bullish break on day end closing basis would open doors for 659.50 (Sep 15, 2015 low). But bulls need to observe caution as we have a negative volume divergence i.e. volumes are sliding, hence the breakout could turn into a ‘fakeout’.
LSE:STAN
by TipTVFinance
SIRI Buy Option SIRI has had a rather stable support line at 3.63 but when it was violated, market tumbled down till 3.30. This has created an over-sold market with a trend in an upward direction. Past support has now become resistance at 3.63. This is a very important line taking into account past structures: market is giving us signals. Therefore, taking into account the power of the resistance line and all three strength indicators, one should short SIRIUS XM HLDGS INC. We have entered an over-bought market and hit a strong resistance line, all implying a decrease in the price.
NASDAQ:SIRI
by DzhuneytYusein
1
EURJPY SHORT SETUPAs we can see eurjpy is clearly in a downtrend displaying continual lower highs and lower lows. Price came down to test and bounce off the 126.1 support level and is currently retracing to our critical "acceleration zone". our confluences for this acceleration zone: 61.8 fib level, major resistance,descending trendline and 200EMA so we are anticipating a pullback and continuation into the downtrend, We are targeting the 126.5 level as our 1st target and if we see a break of this level we will be targeting the 120.00 area which is a psychological level. We shall look for long positions if we see a clear break of our resistance level @ 132.00 and outer trendline in which we will be targeting the 137.00 level. However our favorable overall bias at this current moment of time is short.
Short
by Tips4Pips
NIFTY Trade plan week 11 Jan 2016Nifty Futures: NIFTY while it managed to hold on to to the 7580 levels and staged some sort of a pull back, weak global cues will mean we may now crack that level and open below it. It will be importanat to see if NIFTY futures manages to stay and trade below 7550 in that can the levels of 7580-50 now can be used as a stop for a fresh trade on the downside with targets of 7440 and 7280 on the downside. on the upside if it manages to hold 7550 then a low risk pull back can be initiated.
NSE:NIFTY
by PowerTrades
4