VOLKSWAGEN show a hidden bearish divergence on the daily timeframe in the resistence area. Lets see how this plays out.
10.1 million short-time workers of 30 million employees (without public service) in Germany alone, collapsing demand for cars and interrupted Just In Time production chains but the stock exchange is going crazy, as if there were no skid marks nor profit declines nor climate goals with drastic CO2 reduction, .... It should be fine with me and give the stock...
Key points to consider: - HUGE daily engulfing after touching 61.8% Fibo - H2 MACD crossover - Hourly chart 3black crows Price looking for ABC correction
Short term forecast for long term positioning Looking for a reversal within the coming month & eventual downwards trend towards the DCA zone Recent news: Volkswagen recently restarted operations amid concerns of actual demand within the global market. FA: From 2018 to 2019, Volkswagen saw a 20+% increase in yearly net operating earnings generating up to just...
If you compare these two charts you will see they have similar patterns. There is a volume pump on the Volkswagen chart in 2008 and a big spike to 116.15. After that, the price will never back to such high levels. Now we can watch at Tesla chart and see the same patterns, high volume, and big spike. That's mean we shouldn't look for Buy in such situations! Dear...
Price rejected the 160 resistance line. We are now in the blue zone, where price action is telling, that the price will probably move to the south. Target is the 137 area.
Gooday people, as you can see on my chart, the VW share built a downward channel facing the support line of previous levels. From here we can take a quick 0.5 to 1% gain trading a long position. RSI looks promising. Lets see how it rolls out. cya. Always trade on your own analysis.
Automakers are under pressure. Trump has been alerted by the US Commerce Department that imported cars pose a security threat to the US economy. We wonder what he will do about it. This will inevitably have a negative effect on Japanese and European automakers as vehicle exports play a large role in their respective economies. Volkswagen AG (VOW) This stock has...
Volkswagen down side. On the Technical Analysis approach, I'v given two scenarios on how it might develop in the near future, but remember the chart is a long term forecast. We'll see how it goes..
Volkswagen currently moving in a symmetrical triangle, multiple trade opportunities available; - Short 0.768 fib Entry: ~€151 Target: ~€142 Stop: €152-€153 - Long 0.382 fib Entry: ~€142 Target: ~€148 Stop: ~€140 - Short/Long breakout of triangle Target break upwards: €168 Target break downwards: €122
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Welcome everyone at my first trading idea on Tradingview. Who am I? I'm Jasper trading for more than 4 years mostly on forex, stocks and Bitcoin. My tradingstyle is agressive with high margins. The leverages I use: - Forex 30x; - Stocks 10x; - Bitcoin 5x. The trade: We moved in a falling wedge, we just hitted the 0.382 fibonacci level and the bottom line...
This is a signal using Spectro™ M The blue background means a reversal zone. Now it turned green, which means a bullish trend is beginning. Also, we see many of those "GREEN TRIANGLES" which mean that Spectro™ M confirmed a consensus on more than 20 indicators. So after this long downtrend and since we are close to a strong support around 32.5, those are 3...
Lower Highs in a weekly chart and the widening out of the Bollinger Bands are a signal for a movement downwards. First target at horizontal support at 130 Euro. Both MACD and RSI are confirming a bearish view. See you soon with new trading ideas, Cheers Simone
Volkswagen SHORT Target : $90 - $86.5
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only. it should not be considered financial advice***
Based on previous touches this support line has held 8 times when price touched it. One time it failed and took around 9 weeks to recover, the fact that price moved back above the line is more proof to me that the line is valid. Like in the past there is a reasonable chance that price will wick down maybe 5-6% and still recovers afterwards. Keep this in mind...
Good setup if it bounces, Possible H&S before further downside