After News on 2/24/23 and After Top-Down analysis i'm looking for EU to move to the upside on 2/27/23 This is not trading advice or a signal! The Website should not be relied upon as a substitute for extensive independent market research before making your actual trading decisions.
FED FOMC Decision on Nov 2nd weighs heavy upon all markets, including crypto market. While other markets have shown high volatility in accordance with any macro related news, crypto market surprisingly moves in a calm manner despite being known for its infamous volatility, which actually scares me the most. Why? Because it means that any major macro news will...
Welcome back to another video, today's video is about the analysis of GOLD using the monthly, weekly and daily timeframe to understand and see price movements for possible next direction (either downwards or upwards trend). P.S NOT A FINANCIAL ADVISOR... JUST EDUCATIONAL AND LEARNING PURPOSE ONLY...
GBP JPY Has made some retrograde in the last 30 days. probably the sellers are still on their way to 149.300 -149.100. NI225 Has made +3.55 % Last 30 days, By moving from 28583.83 to 29601.83, targeting 30500 Japanese yen are doing well right now, I am waiting for GDP Annualised news, with the previous: 1.3 the forecastings: -0.8 I expect high volatility to the...
TECHNICAL ANALYSIS RSI-14 is almost going under 30-level boundary (change in trend is expected once this happens, what means going from downward to upward trend) In the last week, sell volume has increased, specially on February 18 and 19. Key support at 5.55-5.65 Besides, SBS is closing a triangle which could foster some volatility in its...
Biosearch is clearly improving its fundamental results but investors may not like that drop on EBITDA. That is why we could expect Biosearch go towards 0.50 Fib level at 0.876 and bounce back to 1.07 level, with the risk of losing 10% once the stock is bought at 0.876. So short the firm in the next 15 days, and long until you feel comfortable. It may also be a...
Bat pattern spotted in CABK + Elliot Waves finished at (E) may set continuation to 1.80€. Bankia won 64% less YoY. But good earnings (or better than expected) may lead the stock price straight to 2.20-2.30.
Sideways movement presents low volume and in the past two years (2018 and 2019), HLE has entered July in a bearish mood. From the upside, the price is at 0.5 fibonacci retracement level although the head formed on June 8 surpassed 0.618 for a bit. From the down side (blue fib retracement), the price is at 0.236 level. A sharp fall beyond 0.382 level in the next 2...
Although its profits amounted at a record level last year 2019 at €165 million (+5.1% YoY), a head and shoulders figure appears in the short term maybe to drag the company to 14.10 zone at the end of July or beginning of August. Pharma logistics and convinience products division had a very good behaviour. EBITDA was €81.5 million (+11.3% YoY) However, in the first...
The bank's results are due on July 24th. JP Morgan and Wells Fargo saw sharp declines on profits (-51% and -71% respectively) yesterday and I expect Spanish banks will be unable to avoid them too. Besides, CABK has been the bank who's best performed in the short-term post-covid era, so we could expect bigger downward corrections than those in Santander or BBVA...
Reading "The pandemic remains uncontrolled in the US, but the economic recovery continues apace" is not 100% good news. 4.5 million jobs in june still does not eclipse those 33 million lost. I think July is going to be a very volatile month and we might experience the DAX coming to 0.382 Fib level as of July 17 on wards, after reaching 12,800-12,900 level when RSI...
DEOLEO is back in the Spanish stockmarket and with higher average volume than the previous 3 months. It has cut its debt by 42% and earned €4.5 million in Q1, compared to -€7.5 million in losses in Q12019. It is a very risky investment and next results are set to be published around the first days of August (3/8/20). I would call for a long position until first...
Focused on hemoderivatives (blood plasma), Grifols is great value by most of investors. Even though the company might be one day spitted by any scandal on how it is gathering the plasma in the US, americans have got a high stake on it and today it is focusing on an hyperimmune immunoglobulin with specific antibodies against the SARS-CoV-2 virus. Grifols estimated...
Trump administration wants to put tariffs on German, French, English and Spanish exports to the US, amounting $3100 million. Tomorrow, US opens a query period lasting one month, until July 26. These tariffs could be set as 100% of the produce value. A new trade war has been started due to Airbus subsidies and revived taxes topic to american big tech companies such...
This morning, I saw an educational video from transparent-fx and showed that the EURUSD is shaping an inverse H&S in D chart and indeed it is. Besides, in the H4 chart it comes from shaping a non-inverse H&S what makes you realise that the pair is experiencing a sideways movement since June 8. If the figure is finished, by June 30 EURUSD could reach 1.14. In...
Indra is moving inside a lateral channel with a slight bearish trend. In the last days there have been good news about projects that are being signed (i.e. Defense, Ireland) but it looks like global pandemic situation is making investors undecisive whether to hold positions on the stock or withdraw. Lond term trend is clearly bullish. The company was planning to...
Sometimes when a stock closes a triangle, it spikes up. However, we already saw DIA supermarkets that did not make this many-investors' wish come true (and I talk about before all this pandemic set in). In this company, there has been recent "good" news (by many investors) that its president will leave his chair. And he leaves with 2.2 million debt owed to the...
Bloomberg News reported the potential takeover incurred by Western Union of MoneyGram. Price was not disclosed and now MGI faces high volatility a trader could profit from. Looking at the 4h chart, we might see that in 3 hours time MGI (at 17:30h GMT) might plummet until $3 to pullback at $3.80 after 17:30h GMT. Maybe, takeover price for MGI could be greater than...