BMW Open TrendWatch how you can accurately predict the opening movement by the first minute or two of trades.
BMW trade ideas
@wizardsofcrypto #BMWweekly chart looking fine for the upcoming week
BMW is raises prices at trade wars hit consumers
this is a solid company so I don't expect this to fade away, I can imagine more money would come into this
more ideas to be found on my twitter
BMW make it or break it After the big hummer for german auto industry last year, we escaped downtrend. The recovery however is shaky and for the better part of the year we were under mid of the pitchform.
Earnings might help BMW above the redline or break below the pitchfork range. Keeping an eye on general DAX preformance too.
Good luck and happy trading.
100 THE TARGET WHAT ELSE?hi
i see the the shares would test 100-108 area then it would test 85 to decide if it will continue diving or rebound higher .
lets see .
BMW New Attempt To Conquer An Important Resistance (€90.80)BMW is pushing hard toward the important €90.80 resistance. It is a buy if the share price breaks the resistance during the following sessions.
Good luck fellow traders.
BWM: Emission Scandal Likely To Cut Price Into HalfThe reason behind this story is quite simple. Germany's Carmaker generating 407 Billion Euro Revenue per year. The Auto Industrie is the largest sector in Germany. BWM, Daimler and VW stocks are part of every investment strategy in the world - depending on Europe and/or Germany. This stocks are likely to be sold now.
Priced into the BMW stock is:
Quote: "BMW 'Categorically Rejects' Allegations of Emission Cheating"
Source: www.thedrive.com
Latest fact's showing that this story isn't true:
Doubts on BWM clean Diesel
Source: m.spiegel.de
(Same story in English as soon as available).
BWM: Emission Scandal Likely To Cut Price Into HalfStory behind this trade is quite simple:
Until today BWM denies to be involved in the collusion scandal about Germany's car makers. According to latest news this is not true.
Short term BMW is facing massive problems with regulators and customers class action. Same time BMW is part of every investment strategy of large investors to cover Europe and/or Germany. This funds owned stocks are likely to be sold now.
Same time Germany's car makers facing huge problems about missing electric powered cars - in large investors view. 2018 will tell the opposite story. BMW might become the first carmaker able to produce and to sell 1 Million battery powered cars in 2020. This might turn arround stockmarket price by 2018 and could push all German Auto makers and the DAX to unseen new highs by 2020. Same time Investors should focus next 12 month more on TSLA - even as M&A target.
Bmw is a short - target 74 EuroBmw has a very good risk-reward ratio for a short opportunity. Increased volumes have been detected in correspondence with a bearish closing Marubozu.
Price oscillator is moving below zero, giving confidence about the bearish cycle in place. Coppock curve is moving in a bearish modality as well.
Clear target for our short strategy is 74 euro, which represents a strong horizontal support.
BMW Sell IdeaD1 - Price broke out at the bottom of the daily range. We can look for sells, if this breakout doesn't turn into a false break.
H4 - Price has created lower lows.
H1 - Bearish divergence has formed wait for a double wave correction and once the break out of the most recent trend line happens, look for sells.
BMW Buy IdeaD1 - Potential daily range and a false break has happened.
H4 - We have higher highs and correction is happening now.
H1 - As long as last low of the range is holding we can look for buys.
BMW - VW (Correlation)Comparing the BMW chart to the VW chart it is striking that both price developments are strongly correlated to each other. Given the current spread between the two price changes in percentage, determined by using the closing price of the first day after going public, subtracting it from the current stock price and then subsequently deviding it through the first closing price, this offers us to greatly take advantage of their correlation. Obviously, it is likely that both prices are going to cross again in the future which means that all we have to do is shorting the BMW stock and buying some VW stocks in order to benefit from the decreasing spread between both prices. If we now charge both positions with the same amount of money and then close them when prices cross again, we are going to end up with 16.43% in profit.
