Renault
Renault to breakdown.Renault - Intraday - We look to Sell a break of 26.79 (stop at 27.56)
Short term momentum is bearish.
There is no sign that this bearish momentum is faltering but the pair has stalled close to a previous swing low of 26.90.
Bespoke support is located at 27.00.
A break of 26.90 is needed to confirm follow through negative momentum.
Daily signals are mildly bearish.
The bias is to break to the downside.
Our profit targets will be 25.01 and 24.51
Resistance: 28.00 / 29.00 / 30.00
Support: 27.00 / 26.00 / 25.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Driving lower in the channel? Renault
Short Term - We look to Sell at 25.20 (stop at 26.10)
Preferred trade is to sell into rallies. Bespoke resistance is located at 25.50. Our overall sentiment remains bearish looking for lower levels. The bias is still for lower levels and we look for any gains to be limited.
Our profit targets will be 21.71 and 19.51
Resistance: 25.50 / 28.00 / 38.00
Support: 21.30 / 20.00 / 15.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Renault to Go Low? Renault - Short Term - We look to Sell at 25.49 (stop at 26.70)
Price action is forming a bearish flag which has a bias to break to the downside. Bespoke resistance is located at 25.50. Our overall sentiment remains bearish looking for lower levels. The bias is still for lower levels and we look for any gains to be limited. We look to sell rallies.
Our profit targets will be 21.22 and 19.51
Resistance: 25.50 / 29.00 / 35.00
Support: 21.00 / 20.00 / 15.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Renault at Resistance? Renault - Short Term - We look to Sell at 34.46 (stop at 35.55)
Trading within the Channel formation. Price action has continued to trend strongly higher and has stalled at the previous resistance near 35.00. We look for a temporary move lower. Selling spikes offers good risk/reward.
Our profit targets will be 31.88 and 30.29
Resistance: 35.00 / 37.00 / 40.00
Support: 30.00 / 28.00 / 25.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Renault SA (RNO.pa) bullish scenario:The technical figure Triangle can be found in the French company Renault SA (RNO.pa) at daily chart. Groupe Renault is a French multinational automobile manufacturer established in 1899. The company produces a range of cars and vans, and in the past has manufactured trucks, tractors, tanks, buses/coaches, aircraft and aircraft engines, and autorail vehicles. The Triangle has broken through the resistance line on 10/11/2021, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 24 days towards 36.135 USD. Your stop loss order according to experts should be placed at 30.945 USD if you decide to enter this position.
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RNO Renault ready for 40% gains (29 EUR)On 7/30/2020 both JPMorgan Chase & Co. and Goldman Sachs Group Set Price Target for RNO stocks to €29.00.
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[$RNO] Les vendeurs doivent vendre ! Sellers need to sell ! FR/EN
Beaucoup de vendeurs lors du krash COV-19 ! Cependant ils restent encore des vendeurs dans le marché et les actionnaires qui ne croient pas aux orientations de l'entreprise doivent partir et laisser les croyants à la renaissance du fleuron francais, bien que pluriculture désormais avec Nissan depuis 1999 et Mitsubishi depuis 2017.
D'un point de vue technique, il faut laisser le temps de construire un vrai bottom , le plus bas historique à 12€, avant de reprendre la marche vers la hausse.
Pour une vision long terme, il est très intéressant de se positionner, pour autant , cela ne cherche à rien d'avoir le plus bas si nous avons un objectif à 5 ans ( moins risqué, moins prise de tête)
Le secteur automobile est fortement touché par la crise pour autant la demande est toujours là. Restons prudent
Stay Safe
PEACE !
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EN
Lots of vendors during this pandemic crisis momentum ! However they are still salesmen in the market and the shareholders who do not believe in the company orientations must leave and let the believers to the rebirth of the French flagship, although pluriculture now with Nissan since 1999 and Mitsubishi since 2017.
From a technical point of view, it is necessary to give time to build a real bottom, the historic low of 12€, before resuming the upward march.
For a long term vision, it's very interesting to position ourselves, but it's not about having the lowest if we have a 5 year goal (less risky, less headache).
The automotive sector is strongly affected by the crisis, but demand is still there. Let's remain cautious
Stay Safe
PEACE!
RNO is very likely to go up .EURONEXT:RNO is very likely to go up .I think this is a good time to buy it . I expect it to go up to around the 36 area as a first target (100% growth) .I strongly recommend it also for a long term investment because price has the potential to go up to around the 60 area .
RENAULT (RNO) Cheaper Than Ever
hey guys,
I know that many of you are looking for cheap stocks.
pay attention to Renault.
though I already hear the voices of skeptics out there,
look what history tells us:
stock is clearly trading in aprox. 13-year cycles.
the stock was trading on current lows two times already and each time it showed a perfect performance
with a sharp and quick drop at the end of the cycle.
chances are high that this time we may see the same picture.
moreover, our reward is very high in comparison with the risk that we take.
so why not at least to pay attention?!
good luck!
please, if you like this idea, please support it with like and comment!
thank you!
Long term Investor Opportunity Renault is going down toward the 2008 crisis level at 10.738 unless we close on a monthly basis above 25.51 the price will test 10.738 and the trend is still bearish
We should wait for a monthly close above or below 10.738 to see what will happen for Renault
For the long term investors the Dividend yield is 6.5% but you should wait for 10.73 or below to buy it for the long term
RENAULT 1D DESCENDING TRIANGLE BREAKOUTPrice has already broken out of triangle bottom
Trade money management is:
Enter 2 trades at daily close below triangle bottom = 50.86 Entry
SL is 1.5 x ATR (1.49) = 2.24 from close of breakout candle (50.86 + 2.24 = 53.10 SL for both trades)
TP is 1 x ATR = 1.49 from close of breakout candle (50.86 - 1.49 = 49.37 1st TP)
When 1st trade TP is hit move 2nd trade SL to breakeven at 50.86
2nd trade has no TP so your profits can run
As price breaks current support follow SL behind price at previous fractal high
As price continues to break these current support levels continue to move SL
Watch our TSG You Tube video creator Tim Black money management training video
www.youtube.com
Renault Buy IdeaD1 - Two bigger cycle (Yellow)
Two smaller cycles (Blue) inside each leg of the bigger cycle.
H4 - Price is trading inside a channel. We have divergence.
We will be looking for a breakout above the channel to start looking for buys.
Ideally and most conservatively, we want to see a break above 76.90 zone.
If the stock breaks below, 67 zone will be the next level to follow.