IAGIAG in reaccumulation range.
Buy at 2.2
Sell at 2.5 (15%)
Stop at 2.14 (-3%)
Profit risk ratio = 0.3:0.06 = 5:1
Inditex long term trendMultiyear view of Inditex.
- Distribution (Wyckoff) from 2015 to 2017. Range 29 to 32. Blow off top on 36 euros.
- Second redistribution from 2018 to 2020. Range 24 to 28. Blow off top on 32 euros.
- Potencial third redistribution 2020 to 2022. Range 18 to 24:
Topping on 32 euros in December 2019.
Almost 50% drop on March 2020
A - Support on 18,56 following 2013-2015 trendline
B - Rebound in April 2020 to 26 euros
C - Potencial C wave to 14 euros implying a 56% drop, this would be a shake out on the third redistribution.
Potential catalyst for C Wave is 1-2 months after re-opening of stores across Spain and Europe as only 30% of stores in Spain are re-opening and people may not return to pre-covid consumption habits, this may cause a 30-50% drop in sales
Entry point: 24
Stop loss: 25.5
Take profit 1: 20.64
Take profit 2: 19.7
Take profit 3: 18.47
Take profit: 14.47
TEL: 4.88 Target Is Reasonable; High Risk LongTelefonica seems to have position for another wave breakout or some sort of bullish run. Again, don't take what I say seriously or at face value (as always), this is an opinion basis. That being said, let us get into my analysis. Looking at a long position target, you could see the 4.88 target range as feasible going into the upcoming years, or some sort of +15% growth potential as a conservative estimate. Some targets are even looking into the post $6 to $7 range quite soon, and it does look like it already passed most of its bottoming up period. The market capitalization of Telefonica is also huge, and that isn't really easy to all go away. Points like this, should make it a good stock pick. However, the problem lies on the fact that it is very high risk at the moment given its past negative correlations performance and how investors may react.
#BBVA - In big steps #BancoBilbaoAfter almost 2 years, Banco Bilbao share is still on target.
A bailout/bailin is imminent and should lead to riots or even revolution in another 2 years.
In 2018 this was still unimaginable and today hardly anyone would doubt it or rule out the possibility, would they?
Atresemedia may reach 3,33€ +30%Due to a double bottom structure that has been activated Atresmedia may reach 3,33€ +30% from current price with a reward ratio of 6,8. Stop loss at 2,44€.
Pharmamar may reach 7,06€ +50%It seems that Pharmamar may reach 7,06€ (+50% from current price) after activating an iSHS and improving its rating.
Triangle pattern on RepsolAs well as the price oil is in the lowest, the oil companies do the same. Nevertheless, that can be a good opportunity for those who own strong liquidity to buy low.
So in this contexte, here we have Repsol with a monthly triangle pattern. We can hold a long position for long terme. In my case y prefere to catch long mouvement on daytrading.
GRIFOLS - STRONG PICK LONGI think in this covid19 scenario grifols is a really good pic with the medical improvements that they are offering.
It's a safe pick so i recommend reading about this coorporation and make your own research.
Intl. Consolidated Airlines (IAG) seguimiento y previsión. Parece que no habrá remonte por arriba de los 3 euros/título hasta que pase la crisis del SARS-CoV-2. %R de Williams no muy efectiva si la previsión es en largo. Para posiciones cortas las jugadas oscilan alrededor de +-20 céntimos.
SABADELL short with target price at 0,6336€ -15%AB = CD structure activated for Sabadell with target price at 0,6336€.
FACEPHI BIOMETRIA, S.A
BME:FACE
Cherry on the cake of recent days.
While the entire market is falling, FacePHI is growing up.
Paper is clearly stronger than the market.
I take it in my long-term portfolio.
Repsol bullish wedge target to 16.3 € +29%It seems that Repsol is in the point of a throwback of a bullish wedge with a target at 16.3€ +28.84% from current price. There is also a trading range target pending at 20.4€ +61% from current price.
Mapfre with 2,6€ target after breaking bearish wedge +10%Mapfre has broken a bearish wedge with a possible target at 2,626€, with +10% potential from current price.
ACS corto con objetivo 28,7€ACS podría caer hasta los 28,7€ por acción después de haber hecho un doble techo. Potencial de caída de 10% desde precio actual.
BBVA.my IdeaBBVA has slightly broken that support line and means they're in almost historical minimums... In this cases it should go up again but somehow we need a miracle here. This is an updated idea with an enlarged view.
Thanks.
DAILY SAM TECHNICAL ANALYSIS MONDAY 2 MAR 2020
SAM HAS MADE AN ABC CORRECTION IN BETWEEN APRIL 2019 AND SEP 2019
@3.9000 PRICE HAS TESTED SEVERAL TIMES FORMING A HEAD AND SHOULDER PATTERN
PRICE HAS BROKEN THE 3.3855 INDICATING A FURTHER DECLINE WITH PROJECTION TARGET:
@ 3.0605 1.618% FIBONACCI EXTENSION WHERE PRICE WILL ENCOUNTER JUN 2016 LOW @ 3.0980 AT THIS POINT PRICE COULD GIVE A POSITIVE REACTION BACK TO 3.9000
BREAK BELOW THE 3.0605 NEXT PRICE PROJECTION:
@ 2.8290 200% FIBONACCI EXTENSION
FURTHER BELOW ON A WEEKLY CHART:
@1.7500 THERE IS A 100% SYMMETRY FROM NOV 2007 AND MAR 2009 AT THIS POINT THE SPANISH BANK COULD GIVE A STRONG POSITIVE REACTION
NOTES:
THE SPANISH BANK HAS FILLED ALL GAPS UNTIL THE 25 JUL 2011,
UNFILLED GAPS BELLO:
25 JUL 2011 @ 7.3015
9 DEC 2014 @ 7.1240
14 APR 2014 @ 68900
RESISTANCE @46820
SUPPORT @3.0980
