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GERMANY STOCK > ( BAYN ) long Based on my graphic analysis I observe a bullish projection of 11% in the price of this corporation, that is; from $28.79 it will rise to $31.96. With a sell exit emerging at $26.47, it is worth remembering that exactly how long the rally will take is unpredictable, the market will simply do its job. We can mention that it will happen within the next 15 to 25 days from this post! REFERENCES: * Green line: purchase price: $29.79 * Red line: emerging exit (stop loss) -8% * White goods: profit +11% However, it is important to remember that these marked lines must be respected. If the price drops 3-5% after executing the position, don't try to improvise and change everything. The movement could return to the initial direction and you will be left frustrated! "Sitting calmly and waiting for the development of the operation most of the time will allow you to earn much more money. That is, sit in the stands and enjoy the spectacle that the bull will present to you, control your emotions, since "The biggest enemy to "The time to invest is yourself." As for capital management, I leave it to personal discretion knowing that we must always have money flowing and remain firm in the market. Greetings and I hope you take advantage of this good negotiation opportunity! > Josías Baltazar.n
XETR:BAYNLong
by JARTRADING2
FlatexDegiro...will it respect the macro trend? The flatexDegiro stock has a history from November '16 until now and is in an uptrend, following a diagonal line that has been providing support during the price corrections over time. The first uptrend cycle occurred between December '16 and May '18. The price rose by 176% from the minimum and reached the algorithmic level 1.62. The subsequent correction occurred between May '18 and December '18, the month in which the minimum was reached. The price corrected by 57%. This minimum was made at a bullish OB on the 3M and is the second point that originated the oblique trendline. In the price's reaction to this OB, the price began to reverse, making a higher low afterward at the 0.79 level. Between December '17 and June '21, the price rises by 671%, reaching the algorithmic target (1.28) of the retracement of the previous decline. From June '21 to December '22, the price retraces again, correcting 81%. It finds support again at a bullish OB on the 3M that had confluence with the algorithmic level of 0.79 retracement of the previous upward movement. This zone coincides with the oblique trendline. It's safe to say that the price, finding support in the mentioned zone, reversed the trend, initiating the new uptrend movement. So since December '22, a new uptrend has begun, where the price has been making higher lows, respecting the swing lows and making higher highs, violating the swing highs. The price action has thus been bullish. This price action has created a new diagonal trendline with a steeper slope. The last swing high reinforced liquidity at the level of around €11.7. Then the price retraces, touches the oblique trendline again, and breaks through that liquidity zone, causing a market structure break. This was yet another signal and final confirmation that we are indeed in a new uptrend. In the short term, the level of approximately €16 is a zone of interest and where a reaction is expected. There is a volume imbalance with confluence of the 1.62 retracement of the last corrective movement and also confluence with a bearish propulsion block. From a long-term perspective, we can establish the median of the fork and the first prominent algorithmic level as targets. If the macroeconomic situation is favorable, it's not unreasonable to see the stock price reaching around €48.
TRADEGATE:FTKLong
by RavenstijN
Porsche - Is worth it ? Porsche 26 of April 2024 reported its revenues and earnings. Will help us these reports consider whether XETR:P911 is worth at this price ? Let´s have a brief look. 1. earnings positively surprised us, 3.94% exceeded its expectations. ✔️ 2. revenue´s stayed behind expectations by 3.96% ❌ 3. hikes dividend amount to 2.31 per share ✔️ 4. launching four new models in 2024 (Macan, Panamera, Taycan, 911) ✔️ 5. expects an operating return on sales of between 15 - 17%, down from 18% noticed in previous two years ❌ 6. future - they focus on sustainable success of company ✔️ 7. expectations to 2025 - strong recovery in China and full range of models which will kick their financials off ✔️ Revenue by countries: - North America 29.53% - China 23.56% - Europe 21.66% - Germany 12.03% - Rest of the World 14.26% Balanced distribution throughout the world puts this company on solid footing. China is still behind expectations due to decrease in demand and EV price war. China could be an ace up in its sleeve in the coming years. Mixed financial reports could mislead us a bit. However Porsche still has a strong vision, sustainable business model and positive fundamental background. Stock´s sold at 3.34 times by its book value. Obviously there´s a premium priced in we have to reckon with. Premium car segment needs premium price of stocks. Let´s recap. Is it worth it at this price ? In my point of view, stock´s around the IPO price. The range between 82.5 - 84.0 seems to be very pleasant to place buy-orders. Definitely from a long-term point of view. Consider your best price to entry and make your own call.
XETR:P911Long
by n1performer
Volkswagen (VOW3): Potential Climb to €150Volkswagen AG is currently a highly interesting stock for us, especially given that it is a massive enterprise and the European market has seen significant sell-offs, in contrast to most American automakers which remain relatively high. However, it's important to note that automakers are typically quite volatile. If not for the high dividend yield, which currently stands at 15%—exceptionally high for a company of this size—it might not even be worth considering. Looking at the daily chart, we've observed a decline from 252€ to a low of 97.83€, marking the nadir of the overarching Wave II. We placed our very first entry at the start of this cycle at 101€, which is now at 121€. We have yet to break out from the major trend channel. A new, smaller trend channel has formed, suggesting that an upward breakout could potentially lead us out of both channels, providing a short-term boost. This could bring us to the level of Wave (X), around 150€, concluding the Wave (1). We successfully entered a new position on the 2-hour chart for Volkswagen, as we placed a limit order at the 50% retracement level, which was reached yesterday. This entry should give us a significant boost, aiming to challenge the trend channel line again and potentially reaching new local highs around 130€. There's also a dividend distribution coming up next month for Volkswagen, which might influence market behavior as investors could decide to take profits afterwards. We are not trying to predict short-term movements; instead, we aim to position ourselves for the long term and hold our investments for extended periods. We have strategically placed our stop-loss below Wave ((ii)) to only get stopped out if the scenario is invalidated. However, we see theoretically huge potential upwards, with 150€ being just an initial target.
XETR:VOW3Long
by freeguy_by_wmc
A Closer Look at the Catastrophic 99% Stock Crash in 15 Minutes In a heart-stopping financial spectacle, China Tianrui Group Cement Co., ( GETTEX:T18 ) a once-prominent Chinese cement producer, experienced a dizzying descent on the trading floor, with its market value plummeting by a staggering 99% within a mere 15 minutes. The sudden free fall, akin to a financial earthquake, left investors reeling and analysts scrambling for explanations. The Dramatic Dive: The alarming nosedive commenced during the final moments of the trading session, as if scripted for a suspense thriller. In a frantic frenzy, shares of Tianrui tumbled to an astonishing HK$0.05, stripping away nearly the entirety of its market capitalization, which dwindled to a mere HK$141 million ($18 million). Roots of the Disaster: Unraveling the enigma behind this catastrophic collapse unveils a tangled web of financial intricacies and systemic vulnerabilities. Tianrui's woes are emblematic of the perils lurking within certain segments of China's corporate landscape, particularly among lesser-known entities burdened by opaque ownership structures and precarious financing strategies. High Stakes and Hidden Risks: Central to Tianrui's unraveling is its reliance on a concentrated ownership model, with its controlling shareholder, Li Liufa, and his spouse commanding a substantial 70% stake in the company. Such lopsided ownership, compounded by the practice of pledging shares as collateral for loans, exposed Tianrui to the treacherous waters of margin calls and investor panic. Navigating Turbulent Waters: Against the backdrop of China's escalating property crisis, Tianrui found itself caught in a perfect storm of adverse market conditions. The company's staggering transition from profitability to a net loss of 634 million yuan ($87.7 million) underscores the harsh realities of weakened demand, cutthroat competition, and soaring raw material costs plaguing the cement industry. Lessons Learned and Future Outlook: The harrowing saga of Tianrui serves as a poignant reminder of the inherent risks lurking within the shadowy corridors of China's corporate landscape. As investors grapple with the aftermath of this seismic event, regulators and market participants alike are compelled to scrutinize corporate governance practices and fortify safeguards against future financial meltdowns. Technical Outlook China's Tianrui Group Cement Co., ( GETTEX:T18 ) stock lies far below the obersold territory with a Relative Strength Index (RSI) of 0.19 indicating strong selling pressure from the bears. The stock is trading far below the 200, 100 and 50-Day Moving Averages (MA) respectively.
GETTEX:T18
by DEXWireNews
Backtests how tradingview mislead results with HL wicks orders ?Anybody could explain to me how to avoid a take profit order being filled on tops of wicks ? In this example I'm backtesting AMD gettex whole history. First of all I think this 900% wick is erroneous data. Then, I activated the option "After order is filled" and I'm backtesting the 1W timeframe. This bug gets triggered often on stop sell orders. I think I managed to avoid it on limit buy by checking programmatically if bar's open is after or before. Kinda complicated to sort it out.
GETTEX:AMDLong
by sleptongems
RENK "Long" is the trade of year ! Disclaimer: This is not a financial advise. RENK is a new IPO for German defense industry however the company was found in 1873 in Augsburg. They produce back-bone parts of the German 21st century mighty war machine "Leopard 2". Also have to note here, that Germany is about to pour in billions of euros for producing armed vehicles and RENK produces most important components of all of them ! They would also give payout potentially a dividend for first time. According to my analysis, buy these shares as much as possible while they are cheap. Do not leverage, cause could be really high volatility Trade safe, Trade good, Make money !
GETTEX:R3NKLong
by Mudabbir_sidx
1
Porsche reclaims higher price tags and wants to join its peersLast year in September, we analyzed Porsche's stock following its 2022 initial public offering. At the time, we noted Porsche's shares had great prospects in the long term and viewed a potential pullback in price as a great opportunity to buy this stock at relatively reasonable prices (judging by Porsche’s performance during its short life span on the exchange). When Porsche was still trading above €100, we eyed an ideal entry 10% below its market price. However, we also emphasized the need to leave some more capital aside to execute additional purchases once the opportunity arises. After patiently waiting a few months, we signaled another opportunity in late January 2024 when Porsche was trading near its all-time lows, looking relatively cheap to its peers like BMW and Mercedes-Benz. Fast forward to today, and shares of Porsche are trading up about 30% from that level and above the level we signaled in late September 2023 as well (above the area between €90 and €92). As far as our outlook goes, we remain bullish on Porsche in the long term and believe it has a chance to reclaim all-time highs and continue higher (though it might be a rocky ride). Illustration 1.01 Illustration 1.01 shows the daily chart of Porsche stock and simple support/resistance levels derived from peaks and troughs. Technical analysis gauge Daily time frame = Bullish Weekly time frame = Bullish *The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of RSI, MACD, Stochastic, DM+-, ADX, and moving averages. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor or any other entity. Therefore, your own due diligence is highly advised before entering a trade.
XETR:P911Long
by Tradersweekly
2
Volkswagen in Focus: Analysis and Initial SuccessesVolkswagen's chart has been performing well, aligning nicely with our expectations, though it might not apply universally for all Elliott Wave Analysts. We've made three entries into Volkswagen, closing one while still holding two. Our first buying decision was timed during significant pressure on the German stock market, particularly impacting the automotive sector. Since then, the movement has been favorable, and broadly speaking, we believe we entered near what appears to be a foundational low. Whether this proves to be the absolute bottom or if a new bottom emerges in the years ahead remains to be seen. However, we can confidently state we entered at a local low, with our positions showing a 12% increase since the last entry and a 23% increase from the first open entry. We're keenly interested in how Volkswagen's dividend yield will play out and what the future holds, which looks promising at this stage. We'll continue to closely monitor and analyze this stock, keeping our positions open without any current reason to close. Having already secured some profits and adjusted our stop-loss to our entry price, we're well-positioned. Should any changes be made, we'll certainly keep you informed.
XETR:VOW3Long
by stromm_by_wmc
Volkswagen: Limit Order Set for Surge to €200!At Volkswagen, we're now placing a limit order for Wave (ii), as we've once again failed to master and reclaim the trend channel. Consequently, we've fallen below it again. However, we believe we're dealing with Wave (ii) and anticipate a significant push upwards after a bit more selling pressure. This situation has a somewhat sour aspect, as it's possible we're facing an unfinished Wave ((ii)). In such a scenario, we should form a double bottom, given that the currently assumed Wave (i) is precisely at 100% of the overarching Wave ((ii)). Therefore, we want to set an relatively larger stop-loss to ensure safety and avoid being stopped out. Looking upwards, we have high expectations for Volkswagen and therefore have no concerns about sacrificing a few percentage points downward, as the upward potential is significant, with a minimum level of euros up to 200€. Hence, we see no issue in slightly increasing the stop-loss.
XETR:VOW3Long
by stromm_by_wmc