ADS BUYHi, According to my analysis of Adidas stock, there is a good chance that you will buy or invest in this stock for the long term. The stock is in a very positive condition, going in an upward channel. It also broke the strong resistance at the level of 170. It is expected that the price will return to the same area to retest the rise once again. Good luck everyone
Adidas_trading
Adidas: How fast are you? 👟Lately, Adidas has made fine progress in the scope of wave 2 in turquoise, moving toward the magenta zone between 157.06€ and 141.72€. Soon, the share should reach this price range and complete the current movement, before turning upwards to develop wave 3 in turquoise above the resistance at 187.78€. However, there is a 32% chance that Adidas could act faster, skipping the magenta zone and climbing above this mark earlier already.
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
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