After several days of climbing, Adidas AG has reached a 365 day high. They say, once you've reached the peak, better enjoy the way down. If you would like to receive my trading ideas before they happen, you can message me.
Focusing on the quality of its products, Adidas is in full fight with its main competitors especially with Nike. Adidas begins to be more and more strong in important markets such as China and the USA, we all know the quality of their products and with a strong strategy in online sales is definitely a good prospect. Charts and stock prices are obviously not the...
There are solid arguments to support the bullish scenario in the short run. Likely targets: €172.80 and €180.6. Stop: €164.90 Good luck fellow traders
There's an opportunity to have a bullish impulse in wave {v} of 5
Adidas’ growth was spectacular, but it is a thing of the past now. Hoping that the stock would double again from here is, in my opinion, wishful thinking.
From the top in January 2014 (€ 93) and the bottom in October 2014 (€ 53) ADIDAS has been in a major uptrend which extended to the 2.618 fibonacci projection level (€ 160). The rising support line forms an ascending triangle together with the flat resistance line at the top. A breakout from the ascending triangle should lead to a major move in either direction. A...
This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... .zip (with PDF`s) @ my Google Drive Break Ups (Dax Index incl. all shares) drive.google.com Best regards :) Aaron
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... DAX 30 Index & all Shares (2016 yearly Performance) @ drive.google.com Best regards Aaron
Adidas will break soon the major resistance of the 159€, the break of this limit can initiate a new bullish rally for the stock