Long idea on LeonardoPossible long on Leonardo, with a possible test in the supply zone.
SL below the supply zone.
Milano
BORSA ITALIANA - Toss a coin for now but SELL at 5083Key levels drawn, asset moving sideways in a tightening channel. We will be selling at 5083!
FIAT CHRYSLER AUTOMOBILES - Milan ... any problems??What could be happened with the Italian automobile monster to loose more than 70% of its value by huge H&Sh and a flag??
CAMPARI - New highs are coming?Hello traders , today i'm going to show you an idea about italian stock market , usually don't post ideas about this market but it could be a really nice long opportunity.
Broke the ascending triangle upside with a strong bullish movement
7.000 zone is the higher high of the graph. If will break this zone there will be new high so a continuation of the uptrend.
Can suggest you to wait , be patient and see the next days what might happen , it might be a good long opportunity.
Remember always that's just my opinion , it's not a financial advice , don't be greedy and protect always your capital.
Have a nice day traders !
Short Float over 8 % todayReally big short float, but I saw financials, and I have to say fundament is not really bad...Valuation, no debt, sector is also still atractive...We will see. goo.gl
Index of Italian Market (MIB) created a downtrend before BREXITMIB shows signs of a downtrend (again). Around 17300 we expect a rezistance with higher volatility due to BREXIT.
INDEX:MIB [/symbol
MIB is mainly driven by low-quality titles from the bank sector.
We expect reaction to the downside with quite interesting RRR of almost 3.
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