$TTE #total #short and pt 39E- #fp $fp the psi is too high
the volume every day is decreasing
and
tte don't make new highs ....
absolutely SHORT
fibo at 39 is 0,618
FP
$tte $fp #total short under 39euro #stock #oil huge rise for the oil and for the oil stocks .
now is the time to buy the sell options 39 euro for this stock
the rsi is too overvalued and fund the previous resistance
we had profit taking today and tomorow as the oil price has already started to decline would be more intense .
disclaimer
VALEO, I have a dreamValeo was being hit severely and it may keep on march lower but in case I see the move below the triangle and back. In case it occurs the shot up can be fruitful.
$FP $TOT #TOTAL BULL LONGThe road of new 52 weeks highs and more is now open!
uptrend
oil prices will reach 90$
undervalued company
Don't let the bad results scare you.Reasons to buy:
+Oil price going up
+Vaccinations going up
+Bull flag (green)
+Good support line (orange)
+Best dividend payer in France
+Price has not fully recovered since march (yes i see this as a plus)
Reasons not to buy:
-MACD hasn't crossed yet
-Not yet oversold on daily
-OIL isn't that popular these days
I see 2 situations happening:
green: slowly rising till we break out from the flag.
red: Fakeout (Orange support didn't hold) and later we also break out from te flag
When should you be worried: If the bullflag support line doesn't hold (bottom green line) and if the 100 and 200 MA lines don't hold (green and purple line righ under the bullflag). TBH i don't see this happening, but that should not mean that we aren't prepared for that.
Good luck & Have fun!
Don't let the other red and blue lines distract you.
Total figures become clearer nowWe can see a strong resistance appear at 38 and was tested several times now.
So if this resistance is broken the signal will be a strong buy.
We also have a good support at 36.
Between 36 and 38 some trades can be made.
And if 36 support is broken, we may go to 34 wich is the december's resistance
And after 34 we have a resistance at under 32.
There is maybe a mini gap to reach at 33 but i prefer to let the graph simplier.
Personal, I'm waiting to see if good or bad news are coming to give another tendancy to the stock.
It looks like the market is doing the same with this flat figure last week
We already increased a lot so maybe we see a strong correction and if it the case you have the entry points in this analysis :)
Simple Analyse (TOTAL) : Haussier ou Baissier ?Le marché fait une petite tendance baissière depuis quelques jours, peut être juste un retour dans sa phase de range en allant toucher les 29.400 ou il va enfin casser sa résistance oblique qui l'accompagne depuis un bon bout et atteindre les 38.200. Restons attentif en tous cas.
Suivez moi pour des analyses simples et pertinentes.
Time to sell?The candles are about to meet:
-0.618 lvl
-200 daily MA
-50 weekly MA
-Some resistance lines
It's Overbought (daily)
A nice correction wave has (almost?) formed
The last 2 daily candles look like the ones from early april
The blue rectangle seems like a nice place to sell.
Don't take my advice, these are just my thoughts
Short TotalEarly March Gap has been filled, and we see exhausstion in the buying volume, keep watch on the Pivot Point and if it break we are looking to short and see if we can reach new lows !
TOTAL (FP): Close To 2019's Low
Total is very close to 2019's structure low.
buying from the underlined area we have limited risk with very high-profit potential.
target levels are based on fib retracement of the last bearish leg.
382 and 618 level.
stop will be the 1.113 extension of the leg to the downside.
good luck!
TOTAL BUY ON RANGING MARKETIf it reach 40 dollars is a buy. Reactive trendline, low of a 5 year range, last time that it reached this level was 3 years ago. Substantially strong support.
BIO
SHORT FP (TOTAL) intradaySHORT FP (TOTAL) intraday
+ uncertainties in oil market: meeting in Doha is overvalued, drop in crude inventories can ne as crossseasond
+ further CPI goes down in China as leader importer of crude
+ FP (TOTAL) closed gap
+ additional big volumes in some 5M bars didn't lead to grow of stock.
Short enter = 40, Profir 38.90m Stop = 40,3
SHORT FP (TOTAL SA) intradaySHORT FP (TOTAL SA) intraday (FPP in Tradeview)
+ oil rebounds yesterday on APIreport
+ yesterday China PMI
- long-term negative outlook for oil
- oil reach resistance level, could be in sideways
Enter short = 39.20, Stop = 39.60, Profit= 38.60
LONG FP (TOTAL) intraday as oil reboundsLONG^
+ oil rebounds before API
+ China PMI
+ Support levels in oil
+ Support volumes in FP stock within 3 last days
- long-term negative outlook for oil
So, if oil will hold 36.5-36 level and go further up - I will catch up the FP around the open priceafter rebound in 5M bars.
