ADDYY ABC correction, long setupAdidas just broke an uptrend and finished 1-5 Elliot wave. We are waiting for an ABC correction, we should enter for a long position on the C, which should be ~80$ mark, since market created gap there which needs to be filled, also there is a 61.8% fib zone which indicates that market should reverse in that zone.
Entry: 80
Target 140
Invalidation: 70
Ratio: 6
Adidas_long
Adidas , Long view The curve for Adidas shares has been upwards since mid-May. At first, it seemed as if buyers were running out of Amo in the area of the € 220 mark, but in the past few days the share has regained momentum. In the meantime, investors have caused the price to rise to EUR 241.10. Until the pre-crisis level of 282.45 euros was reached, however, more than 17 percent is still missing.
At the moment, however, during the past one or two days, investors are primarily interested in positive topics. Because of this sentiment, the stock receives a “hold” rating today. In-depth and automatic analyzes of the communication have shown that lately "buy" signals have been the main focus. This gives Adidas a Buy Signal based on the investor sentiment barometer.
Good Luck .
ADSD @ daily @ closed higher while last 4 trading daysThis 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
ADSD @ Daily @ with +69% in 2016 best DAX Performer & in a trendTake 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