ADS trade ideas
Invest during crisis. Here’s why.Let's take Adidas shares as an example.
To date, since the company's IPO in April 1998 the CAGR is 4.4%.
At the IPO, the market price was 39.68 euros. 1.5 years later, in February 2000 – 70% less, 14.06 euros. CAGR would almost double: 9.6–9.8%.
Similarly, for example, all subsequent highs and lows: 6.1% vs. 11.1%, 3.1% vs. 8.7%.
Unfortunately, the probability of buying at the very bottom is small. But we have to try.
What about now?
THIS IS NOT INVESTMENT ADVICE. PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS.
Adidas may roseFundamentals:
- new CEO from PUMA
AT:
- break of weekly trendline
- needed correction after big downtrend at least to 0,38 fibo/first bigger resistance level
possible move +35%
this is just what I've noticed and I'm curious of Your opinion. It's not any kind of financial recommendation.
Cross ReistanceIn a clear downtrend we are facing a cross resistance. It makes me assuming that the recent rise has been a bearish correction. The overall market looks like being in a waiting mood however due to the weekend and the uncertainty about the next FED actions.
This is the risk. But I think that adidas as a producer of lifestyle products may suffer of consumers' reluctance more than the average consumer stocks.
Adidas - Outlook downgrade supports a bearish thesis Adidas is another company confirming what we laid out some time ago - a trouble brewing during the current earning season, supporting our notion about the stock market progressing in the second stage of the downtrend. That being said, the company reported its quarterly earnings, after which the stock fell approximately 10%. The report highlighted deteriorating demand and adjustment of the outlook for the rest of 2022 while also pointing out a build-up in inventories. We expect the same trend to continue among other companies and strengthen during the next earning season concerning Q4 2022. Therefore, we voice a word of caution to investors as this will lead the market slowly but surely into the 3rd stage of the bear market.
Illustration 1.01
Moving averages continue to reflect the bearish conditions on the daily chart of Adidas stock.
Technical analysis - daily time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame is bearish but also reaching oversold levels for the short term.
Illustration 1.02
The weekly chart of Adidas also shows bearish conditions between two moving averages. However, the price deviated too far from the 20-week SMA, making a case for a short-term bounce toward it.
Technical analysis - weekly time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame is bearish but also reaching oversold levels for the short term.
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. Therefore, your own due diligence is highly advised before entering a trade.
ADIDAS - BEARISH SCENARIOThe lowered profit margins, decreased demand, disruption in the supply chains, and increase of the interest rates by the central banks, are among the factors that caused a headache to the investors in the German sportswear company.
The direction of the trend is still valid and the long squeeze is more likely to continue to the 90 support level
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Adidas weekly long ideaHello dear Traders,
Here is my idea for #ADS
Wait for daily close above the yellow trigger line (previous month high) to enter trade.
We try to anticipate a 2-2 bullish reversal in the weekly chart
Targets marked in the chart (black lines)
Invalidation level marked with red line
Good luck next week!
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ADIDAS - It's time for a long ?Fundamentals:
- massive drop from the tops
- still good bussinses
- incoming football championships in the 2022 should boost the price
AT:
- reached the strong support, should at least made a correction up
- signal candle for trend change to upside
but this is only my point of view, not a recomendation.I wonder what do You think about this idea. Up, Down or maybe sideways ?
Entering Adidas for long term holdAdidas is one of the companies which not likely go out of the market anytime soon. We are hitting massive support trend line and we have also touched covid lows. I can only imagine this is beginning of recovery. Yes, we might go lower, but if you think long term you can start inching in positions at this price and average down at the next support if we got there.
This is like a long term hold for a couple of years at the very least.
ADS (Adidas) BullishDaily Chart
Wait a possible emerging breakout and retest of the current downtrend
MACD is approaching the 0 with momentum
RSI has moved from the oversold Levels.
We have World Cup Football Promotion
Possible emerging Right Shoulder Formation (Head and Shoulders) then retrace to existing neckline.
3 Fib level extension targets.
ADIDAS LONG TERM
looking at long term trend continuation i think adidas is in a good risk reward buy zone. Ignoring outside noise.
My target is 50% increase from here over time.
I think we will see some choppy water in this area for the foreseeable but I favour the next major move cycle to be north.
ADDYY ABC correction, long setupAdidas just broke an uptrend and finished 1-5 Elliot wave. We are waiting for an ABC correction, we should enter for a long position on the C, which should be ~80$ mark, since market created gap there which needs to be filled, also there is a 61.8% fib zone which indicates that market should reverse in that zone.
Entry: 80
Target 140
Invalidation: 70
Ratio: 6