BBVA Looking For New Highs.The share price has been 37 weeks on a lateral trend. It seems the bulls are gaining momentum and a visit to the €7.95 level is more than likely. A strong support can be found in 7€. I am LONG. Targets at: €7.95, €8.28 and a final €9.35.
Good luck fellow traders
FERROVIAL. New Opportunity To Follow The Trend.As mentioned in a previuos post about Ferrovial, a new hike of the share price was likely. After a first bullish leg, the share price has moved back towards a strong support. Long trading strategies are advisable again, with stop loss below €17.98.
Good luck fellow traders
CaixaBank returning up after elections in CatalunyaThe situation in Catalunya seems to return slowly to the normality, and so CaixaBank, going up to touch 4.51 first and then towards the historical maximum of 5.
Stay tuned!
Perfect paternBME:AZK
Take position on limit order 8.8
Stop loss 7.8
Take profit (50%) 9.81
+ Trend following
Perfect Patern !BME:AZK
She looks like a model :) , Momentum, pivot, volume, nice break out...
Limit order at 8.8 waiting for the break out confirmation;
Stop loss at 7,8
First take profit at 9,8 (50%) and then trend following to the moon
Ferrovial Do Not Disapoint Technicals The spanish construction company share price has been consolidating around €18-€18.50 in order to try to climb new highs. The first target can be expected at €19.49, €19.90, and then €20.79 and €23.38. Stops below €17.69.
Possible ascending triangle with RSI bullish divergenceSantander's price has been on clear decrease from May's 2017 all time high, but it's showing some stabilisation or loss of interest in a symmetrical triangle, ever so slightly ascending. The Stochastic RSI is showing what could be a bullish divergence. If the price breaks the 5.90 resistance it would signal a change of trend. Otherwise, the 5.80 price area could be a good place to take benefits.
2 Supports and 1 ResistanceI can see 2 Supports and 1 Resistance in ArcelorMittal...They are having good benefits and good fundamentals, they also said to start giving dividends again...I think I will buy if the resistance is broken and long-term support resists! We need that 22 price to resist and also to break that 26,20 resistance!
INDITEX: a confirmed multibottom pattern I just opened a long position on Inditex based on the multibottom pattern and very nice throwback to support.
CaixaBank is a short -target at 3.45-3.50Caixabank has broken a prolonged uptrend. First target for our short strategy at 3.45-3.50, which represents a 38.2% FIBO retracement. All indicators are confirming our view as well.
MTSE - 1st opportunity Short Como concreté en la 1a idea long (proponía entrada tras correción para buscar long position)
Oportunidad short con Risk/reward 2,33. Buscar correción hasta fibo 0.5 (candlestick pattern de entrada) stop si supera vela actual.
Modo correctivo a la caídaDejo actualizada la gráfica de TEF sobre la idea planteada este finde en la brecha elástica de Rankia. Por fin Telefónica rompe la bajista que viene desde máximos de junio y tenemos a la vista "el recorrido mínimo" que debería realizar hasta el objetivo de los 9,25 euros (38% de retroceso). Hoy podría apoyarse en el nivel de los 9,012 euros y de ahí salir hacia arriba. Ojo, sigo con la idea de que todo esto es correctivo a la 2ª parte de la bajada. El mínimo del ascenso pasaría al día 14 para luego caer hacia su 62% (los 8,733 euros).
TELEFONICA PURCHASE ! TELEFONICA PURCHASE
We are looking for a target price of 12.
RSI confirmation at levels 8.88 Possible strong increase for the next 3 months of TELEFONICA.
Go strong with this operation!
Good Trading!
BKTE long 1 - Opened position 23/06/17 Channel since 07/2016 - Support level + fibo retracement - risk/reward 3,5
