PHILIPS - Oversold - LongpositionOn the Philips chart (PHIA - 4h timeframe), We can see the price is currently oversold. The price is approaching a support area and is probably going to bounce off. Enter and leave the trade at the level defined on the chart.
The three indicators used are Bollinger Bands, RSI, and Stochastics. All these three indicators are confirming the oversold condition.
See all further details on the chart.
Good luck!
PHIA
Philips shares can Show It's Power Soon.Hello Dear Traders, i Think we have 2 possibility In the near future:
something will happen Like Financial recession of 2008 and the all worlds' stocks and shares will fall or they should Rise and go Up A.S.A.P because it's not normal to stay for a long time in Lower Line of Up Trend Cuz it can Break it so Strongly and there will be a Mega Bearish Trend.
Result: J.K(Just Kidding) :-D
Buy Philips Stock and You will see Profit and benefit of your patience.
PHIA | Time to buyPhilips has reached it's (nearly) lowest levels for the last 3-5 years,
The reason seems to be a recall of equipment of a value of about 4bl$.
In general the company is quite healthy, no debts, positive cashflow, not very impressive, but still good PE and EPS ratios.
They have concrete development plans and solid background for upcoming profits.
The stock price may in the near future go below 30 euros, down to 27 euros as worst in my opinion.
Considering the fundamental background information and technical analysis expectations (which logically support each other), in a year or two, the stock price could reach the 55-60 euros, meaning doubling.
Considering the purchase price, background info and technically expected future price, now it seems to be a good time to enter the market.
The only drawback investing in PHIA, could be longer return periods, than initially expected.
Since the company is not generating high profits, and pays dividends, they might need much longer time to recover and grow further.
For the rest, it's a healthy company, strong brand and pretty cheap offer, for those who might like the company as investment item.
Philips losing steam, also cheap light bulbs?I have alot of lightbulbs in my appartment that are ready for replacement. Will this short play out and will I get my discount?
- Not the most perfect bear div on the daily, but it looks convincing enough to me to say that momentum has died.
- PIHA price closed below 4h uptrend line, will the hidden bull div play out? I don't think so personally.
- I also want to add that Bollinger bands on the OBV are pinching. A move is incomming, my bets are on a nice downmove, marking the start of a daily downtrend.
- Stopsell @ 41.45 for entry.