Down
PUMA DOWN? (delisted from main index DAX / DEU40 today)The stock was delisted from the main german stock index DAX (DEU40 / GER40), taking effect on Dec 19, 2022.
I will sell the stock if the candle CLOSES below the down trend line on daily basis, using a (european) knock out certificate. It's a kind of short selling in the US.
On Friday 16, the volume got extremely high which let me think of an exhaustion of the bulls.
THIS IS NOT A TRADING ADVISE! DON'T TRADE IT. IT'S JUST AN IDEA WHAT COULD HAPPEN. ALWAYS MAKE YOUR OWN DECISIONS! YOU ARE SOLELY RESPONSABLE FOR YOUR DECISIONS.
What you think about Ng(natrual gas)? as per my analysis. 7.351 is resistance for ng and target 4.136 (support for reverse)
🟨 Case against Averaging Down - Stage AnalysisAveraging down is rejected by all big Market Wizards.
The problem is that the stock can always go another -90% down.
The example of SKLZ shows that after 19 consecutive times the stock decreased -20%, it no where near the average dollar price, if you buy same amount after each 20% decline.
In fact, it has to move +300% to get to break-even. How many of your stocks do that?
Do you see now, why probabilities are not in your favor.
PS if you think this is just a crappy company look at $GE in 2007-2009.
Italy40 Bear trendItaly soared today based on mere positive unemployment data regarding Spain (due to the countries having more or less same situation/economical foundation).
But these data does not have anything to do with Italy.
As the ADX shows, the Italian index goes up today but without an indication of a strong trend. This could show us, that the index will go down again.
If the Italian index will go down tomorrow, this week or the coming week is not important, IT WILL GO DOWN - ITS THAT SIMPLE.
The Italian economy simply can't handle the increasing interest rates from ECB + the situation regarding inflation.
An economy based on tourism will suffer when all the tourists have to save on travels and use that money on electricity bills instead.
Again... IT WILL GO DOWN - ITS THAT SIMPLE.
Bitcoin is getting ready to short HEAD AND SHOULDER Hello guys. I just wanted to share yet another idea with you guys. As we can see here, this is a simple head and shoulder pattern.
What am I expecting here to happen? Well it is simple. I expect a slight fall to 18650 area, but we will see what will happen'
NOTE: I AM NOT A FINANCIAL ADVISOR! You have to do your own research.
Short Spain/Ibex 35So... the Spanish market has actually OUTPERFORMED all the other european indiced in the past year and actually YTD:
www.investing.com --> "Performance"
that makes no sense... a country/economy which were on the edge of bankrupcy in the last financial crisis.
Why has this economy outperformed all the other eonomies? it makes no sense .
IMO a short position for the rest of the year (if needed) should be in order.
As soon as the ECB raises the interest rates, just watch Spain (and Italy for that matter) it will go down and struggle like all the southern european countries has done for ages.
Nothing has changed - it will happen.