Alstom looks ready to take the trainEURONEXT:ALO baseing and making a C&H at 0.786 FIB and at the gap. Let's see if it wants 0.618 FIB and 200W.
ALO/N trade ideas
ALSTOM !DEAR NETWORK,
I advise you to take a LONG trade on ALSTOM.
DON'T NEED TO SAY THANK YOU,
GOOD LUCK
ALSTOM: SHARK and Butterfly detectedALSTOM: SHARK and Butterfly detected
to monitor:
PRZ
EMA.50 and EMA.200
Fibonacci / ICIMOKU / Bollinger Levels
Buying Alstom at previous resistance.Alstom - 30d expiry - We look to Buy at 22.22 (stop at 21.24)
Previous resistance at 22.00 now becomes support.
22.02 has been pivotal.
A lower correction is expected.
We look to buy dips.
Expect trading to remain mixed and volatile.
Selling posted close to the previous high of 25.67.
The daily chart technicals suggests further downside before the uptrend returns.
Our profit targets will be 24.69 and 24.99
Resistance: 25.00 / 25.80 / 27.00
Support: 23.50 / 22.50 / 22.00
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Buying ALSTOM break of swing high.Alstom - 30d expiry - We look to Buy a break of 22.51 (stop at 21.29)
There is no clear indication that the upward move is coming to an end.
22.42 has been pivotal.
The previous swing high is located at 22.37.
A break of resistance at 22.40 should lead to a more aggressive move higher towards 24.80.
Our outlook is bullish.
Prices have reacted from 16.04.
Our profit targets will be 25.49 and 25.99
Resistance: 22.40 / 24.00 / 24.80
Support: 21.00 / 19.80 / 19.00
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Deconstructing Alstom!Alstom
Short Term - We look to Sell at 21.65 (stop at 22.65)
A shooting star has been posted as prices reject the higher levels. Posted a Bearish Outside candle on the Daily chart. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 21.65, resulting in improved risk/reward. We have a 61.8% Fibonacci pullback level of 18.76 from 16.36 to 22.65.
Our profit targets will be 19.00 and 17.65
Resistance: 21.65 / 22.65 / 25.00
Support: 20.00 / 19.00 / 16.36
Disclaimer: (for each signal)
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
ALO.PA at ideal retracement rang for long term accumulation v1.1Long term highly likely to profit from major ESG investments of the EU.
Short term need higher high to confirm bottom is in, will update upside target once 1-2 setup is clear.
RSI and stochastic indicate leaving oversold zone and ready to take off.
Disclosure:
Long term holding will be re-evaluated after reaching 50 and 65 respectively, to cut loose if 26.85 cannot hold.
Short term plays, already bought Sep 2022 calls, strike 40 & 45, plan to take profit starting at 38.
Important update from last publication:
Note that prices are split/dividend adjusted and in EUR, there was a big special dividend in Jul 2019 and a 2:1 split in 2008.
Alstom Long term ideaHere is a long term idea on Alstom EURONEXT:ALO a French multinational rolling stock manufacturer.
I will make a case why a long term view on the company is warranted from technical analysis with some commentary on its financials and business operation.
Technical
The weekly chart is presented here. It shows bullish momentum as indicate by my directional movement and cycle analysis indicators.
On the daily chart, the share price has already appreciated more than 10% from its recent low so out of an abundance of caution, investors with short timeframes might wait for better entry. Those a longer time horizon could continue to ride the trend up.
Financial
The company recently took over Bombardier Transportation and in the process took on significant debt. Net cash is also negative mainly as a result of consolidation of Bombardier's business. Admittedly their balance is a reason for concern and it is expected the business combination will take time to integrate. Nevertheless, over time, cost synergies and efficiency should improve.
Operations.
The Group has over EUR70bn in order backlog and a book to bill ratio above 1. At the current revenue run rate of about EUR7bn annually it will take over a decade to fulfill its current backlog ensuring healthy revenue generation in the years to come. The Group has major orders from all over the world for both rolling stock and signaling. In combination with Bombardier, it is competitive in all rolling stock markets from freight, trams, metro, suburban rail to high speed rail. Hydrogen trains is also being tested and could potentially replace diesel units in the future. Some notable orders include:
France - New RER , Grand Paris metro rolling stock, TGV M
US - Avelia Liberty (NE corridor)
Mexico Maya train
Egypt - line 1 upgrade
Germany DB Regio Coradia
India Dedicated freight corridor (DFCC)
I note that with the exception of the next generation TGV M and hydrogen trains, there is nothing in their backlog that Alstom has not produced in the past. This suggests that the company can continue to drive cost efficiencies and margin expansion.
Despite the pandemic, demand for mobility is still increasing. Many countries have only just started to build out its rail infrastructure. I expect Alstom to be able to fulfill a significant slice of this market in the foreseeable future.
ALO Neutral: Longterm Waiting periodHello Reader,
The last call was quite good... Check by yourself, the related link below.
With this new post here:
The price entered a breathing period where it needs to gather and collect more orders in the market.
So i don't ride it but i find/suggest find other stocks which you are confortable with ! Don't touch #ALO for the moment.
In the today's chart:
The longterm overall bearishness trend momentum isn't finished yet ! :)
I expect a clear retracement in the 1Q and 2Q. A retracement reaching at the best trigger level is the option.
Meanwhile, i must abandon the Bearishness scenario, if the price stay above @ 36,00. It means the retracement wasn't for another bear leg, it's nicely a reversals. Then i focus on the Bullishness trend momentum.
The average bearish target couldn't extend @ 26,00 level as shown in the chart
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Thanks for following and have nice trading session :)
AKR Capital
ALO.PA at ideal retracement rang for long term accumulationLong term highly likely to profit from major ESG investments of the EU.
Short term need higher high to confirm bottom is in, will update upside target once 1-2 setup is clear.
RSI and stochastic indicate leaving oversold zone and ready to take off.
Disclosure: beside long term holding, already bought Sep 2022 calls, strike 40 & 45 for short term plays, start to take profit at 38.
ALO Bearish in 2021The low made in the march will be breached before the mid- 2021
Because of the multiple rejection from the HTF-Monthly and weekly chart
The short term market will bet in cycles but the bearish momentum is in play !
We can only frame the the short-selling positions in the #ALO
Corona Virus #ALO Bearish sentiment We wait for the price to reach for the around 27.00. Then we can prepare for the BUY.
It's to late to get ride in the bearishness. Don't chase the price, We wait for the price to come to US.
Then we can take the next turn-over and ride with the trend "Bullish". Watch the news coming for the ALO may be GOOD.
For the price to climb ASAP this #coronavirus has to controlled. But BIG move is underway to make amount of profits.
Wait Wait is the key We should wait for the monthly close to decide when to buy Alstom stock as if we close below 34.37 we will go toward 29.84
My level where I think it´s a good opportunity to buy is 29.84 them 25.13
The Dividend yield is 15.28% but P/E is 26.14 (price to earnings ratio ) a little high for me
ALSTROM Strong Long Alstom has a superior ROE than the average (8.2%) company in the Machinery industry. Alstom has a debt to equity ratio of 0.27, which is far from excessive. Its very respectable ROE, combined with only modest debt, suggests the business is in good shape. This is a good Long.
$ALO $ALSTOM - It is time to shortIt is the perfect time to short alstom.
1) Double top T2.1 T2.2 confirmed (break of s1)
2) Double top T2.1 T2.2 will allow to break S2
3) Break of S2 will confirm reverted cup and handle T1 T2
4) Objective is 33€
5) Probability of success of the pattern : 82%
#ALOP BIG DESCENDING TRIANGLE HERE WE HAVE A BIG DESCENDING TRIANGLE. LONG OR SHORT THE BREAKOUT POSSIBLE . PERSONALLY I EXPECT THIS ONE TO BREAK DOWNWARDS, DOWNWARD BREAKOUTS WITHIN A THIRD OF THE YEARLY LOW CAN DO WELL.
