BUY RENAULT finally !!!BUY RENAULT
Tp1 : 43.3
Tp2: 48
sl : 31.150
if you have any questions do not hesitate to contact me.
RNL trade ideas
RENAULT STOCK.Monthly AnalysisHello ladies and gentleman,according my analysis To RENAULT STOCK .there is agreat probability long to 64 EUR.
Renault - waiting for a signal Action - Renault is quite difficult to play. They play HH and LL. You need to look at the upper and lower limits of the channel. You can see that they are using the fibo fan. It seems to me that they will go back to the price - EUR 32, and then it may go down to EUR 30 again and quickly bounce back up. As you can see, they have time and they are in no rush to reach the price of EUR 40. SMA - MACD indicator nicely shows the average price. For now, the price remains at the average price and does not want to rise.
Renault - looking uptrandhi, Renault stock is one very interesting one. It is like a child. It likes to make many funny things. It is full of emotion. It likes to make tricks.
Please look on the gan square - our full of color umbrella like a sun. It has got many light rays.
Please look on the patterns - it look like that bottom was 23 - 24 eur and it was a test. Right now 31 - 33 eur was also the test. Chart have to come back to the point 1/4 and 1/3 (uptrend) ; 1/2 and 1/1 is the test.
Waiting for new waves.
Please look on the dax and cac - maybe we will have a new top hill and maybe we will have to go down. Please look on Credit Agricol, BNP - the components of CAC - they look like in the cycle phase - distribution ...
I wish all the best.
Renault going downhi, for those who fell "car manufacturing world", I would recommend for your observation Renault. I suppose that it is going to touch down the support line - around 27 eur - 26.5 eur.
Please look on the DAX and CAC - they are right now on the top of the hills. There is a possibility that the index will move down stocks.
We are in the middle of recession, PMI is going down and down, manufacturing is very weak, so even if you buy Renault in price 26.5 eur, in two years, it is great probability that with the development of markets the stock will move high. First on 50 and then 70 eur.
Look on technical point of view - right now is creating third wave of Elliot.
Best regards
long position on RNOMy strtegy is based on price action with the reading of certain indicators that I like whilerespecting all the values that define the stock maket
Strong Sell Signal On RENAULT With High Probability!Hello ladies and gentlemen, according to my graphical analysis of EURONEXT:RNO , there is a high probability of a decline towards the 23,80 EUR level in the next few months!
Renault to breakdown.Renault - Intraday - We look to Sell a break of 26.79 (stop at 27.56)
Short term momentum is bearish.
There is no sign that this bearish momentum is faltering but the pair has stalled close to a previous swing low of 26.90.
Bespoke support is located at 27.00.
A break of 26.90 is needed to confirm follow through negative momentum.
Daily signals are mildly bearish.
The bias is to break to the downside.
Our profit targets will be 25.01 and 24.51
Resistance: 28.00 / 29.00 / 30.00
Support: 27.00 / 26.00 / 25.00
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.
Driving lower in the channel? Renault
Short Term - We look to Sell at 25.20 (stop at 26.10)
Preferred trade is to sell into rallies. Bespoke resistance is located at 25.50. Our overall sentiment remains bearish looking for lower levels. The bias is still for lower levels and we look for any gains to be limited.
Our profit targets will be 21.71 and 19.51
Resistance: 25.50 / 28.00 / 38.00
Support: 21.30 / 20.00 / 15.00
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.
Buy and hold RNO (CAC 40)History seems to be repeated (on monthly time-frame): RNO has been consolidated (again) in a big triangle after bearish rally since the end of 2018.
This price action was seen in 2009-2012 after a big fall linked to the automative crisis in 2007-2008.
In my opinion, it's time to accumulate RNO (around 21-23 euros) and hold for 3-4 years. Expected benefit is 200%-300% in 2025-2026.
Nice Positions on RENAULT!Here is three possible qualified zone on European share
Do risk free and trailing stop.
Regards
Renault to Go Low? Renault - Short Term - We look to Sell at 25.49 (stop at 26.70)
Price action is forming a bearish flag which has a bias to break to the downside. Bespoke resistance is located at 25.50. Our overall sentiment remains bearish looking for lower levels. The bias is still for lower levels and we look for any gains to be limited. We look to sell rallies.
Our profit targets will be 21.22 and 19.51
Resistance: 25.50 / 29.00 / 35.00
Support: 21.00 / 20.00 / 15.00
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.
Renault at Resistance? Renault - Short Term - We look to Sell at 34.46 (stop at 35.55)
Trading within the Channel formation. Price action has continued to trend strongly higher and has stalled at the previous resistance near 35.00. We look for a temporary move lower. Selling spikes offers good risk/reward.
Our profit targets will be 31.88 and 30.29
Resistance: 35.00 / 37.00 / 40.00
Support: 30.00 / 28.00 / 25.00
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.
Renault SA (RNO.pa) bullish scenario:The technical figure Triangle can be found in the French company Renault SA (RNO.pa) at daily chart. Groupe Renault is a French multinational automobile manufacturer established in 1899. The company produces a range of cars and vans, and in the past has manufactured trucks, tractors, tanks, buses/coaches, aircraft and aircraft engines, and autorail vehicles. The Triangle has broken through the resistance line on 10/11/2021, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 24 days towards 36.135 USD. Your stop loss order according to experts should be placed at 30.945 USD if you decide to enter this position.
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Renault could be a very nice surprise for investors Renault RNO incoming Chief Executive Luca de Meo said :
could deliver a positive surprise for investors
RENAULT CAC40 EURNEXTleave a comment in French or English if you want to share your point of view. All comments are welcomed
Renault is deliberating its next long term move!This is a long term weekly GoNoGo Chart of Renault. Interesting few weeks ahead. Note how the “NoGo” trend has bottomed and has formed an ascending triangle with higher lows. Price is nearing the upper bound of the triangle and as it does so has painted amber “Go Fish” bars, meaning that there is no recognizable trend currently.
The GoNoGo Oscillator is valiantly trying to significantly break above zero which would lead us to believe that a breakout might come to the upside.
However, if the oscillator falls back below zero we could see a break down below the lower bound of the ascending triangle. When an ascending triangle breaks to the downside we would likely set a target at the low of the beginning of the pattern. We will wait for the chart to tell us which way Renault is headed.
$RNO Renault Breakout Trade
The European carmaker is building a very bullish formation with a strong uptrend.
Potential short term trade on break above resistance.
RENAULT ELLIOT WAVE ANALYSIS, POTENTIAL 1400% MOVE!!!!Renault looks like a very good investment at this point.
Probably one more move down to finish this whole bear market we are in.
Targets are not decided yet, But a move off 400% is atleast expected.
