The_Cannalyst

The_Cannalyst Updated 

Both shown uptrends are still full in tact. Perhaps a nice H&S will be formed? TPS could be: Min TP = 20.8$ / Max TP= 21.9$ -A level to watch is the 19.9: Here the H&S would be activated (falling neckline) - here is also based the falling shortterm trendline -Trading below 18.7 is bearish with shortterm tp 18.3 -Trading above 20.75 is strong bullish Resists:...

The_Cannalyst Updated 

Let the Chart speak....

The_Cannalyst Updated 

That really looks fine and "easy"! Let`s rock! Best Regards Mary

The_Cannalyst Updated 

Today there are rumours in the market that Deutsche Bank would be interested in Buying Commerzbank - so the stock is strong bullish today. The very poor longterm Chart is bearish. Earlier this year we dipped deep down to 6,3€, consolidated a bit up to 8,6€ and then reassumed the downtrend. In july this supportlevel at 6,3 was tested again, but the first...

The_Cannalyst Updated 

Reached action point... Seems like a classical 1-2-3 short ! Easy? Let`s see ... :-) Best Regards Mary

The_Cannalyst Updated 

We exactly dipped down to the 61,8 fibo of the last upswing 38-49, which is based @ ~ 43$. Yesterday, we kised this level again and it was bought directly.. If we would trade some more days above 43$, i see the chance of a double bottom. As long as oil is trading below 43.7 $, the next round within the wedge could be initiated ( below 42.7 is high risk --> TP...

The_Cannalyst Updated 

Nike again reached an Action Point - here : the trendline. Perhaps the Moment for a cyclical longterm swing- trade has come? I have illustrated all my thoughts in my Chart - if you have any questiuon -feel free asking me! Comments are Welcome Regards Mary Former view: Nike - disillusionment after downgrade... Nike started ewak after the latest downgrade. In...

The_Cannalyst

Pure 1-2-3 ! For all risk lovers: A short at the actual level has a very nice crr!! As always __) But the likelihood is not good imo! be patient, catch the procyclical BO!

The_Cannalyst Updated 

How are u trading the Dax?

The_Cannalyst Updated 

Let the Chart speak.. we are here:

The_Cannalyst Updated 

Bottom x 5 vs H&S! Strange H&S..but perhaps a H&S ;-) The anticyclical risk Lover would buy this bottom x 5 The cyclical Patient Trader would wait till the stoppsell would be filled ...near below todays low The Chart will brighten above the right shoulder

The_Cannalyst Updated 

Today is Triple Witch Day! How do you trade it?

The_Cannalyst Updated 

Dax is still in a bearish mood. A first weak downtrigger is the trendbreak at 10.375. A bigger downtrigger is 10.315. Trading below this Level could initiate a Little "sell-off" down to 10.125 A weak bullish Trigger is 10.450, a better longtrigger is 10.540 Ideas and Comments are Welcome

The_Cannalyst Updated 

Home Depot is consolidating the last upmove 123-139 in form of a bullish flag. Trading below the 38.2 fibo could expand the consolidation

The_Cannalyst Updated 

Long or short? Both positions are thinkable! Any other ideas? Comments? Regards Mary

The_Cannalyst Updated 

Can anybody explain me why Monsanto is not trading @ ~ 128$???????????????????????????????????

The_Cannalyst Updated 

Trendbreak ahead?

The_Cannalyst Updated 

The ultrashortterm downtrend is still present and dominant. As long as we trade below that trendline, the Sentiment is still bearish. A first longsignal would be the break of the illustrated bullish wedge @ 45,6$ . If oil could break the last high @ 46,5$, the Chance increases for a further upwave to 49$. 49$ is the "real" longtrigger for a strategical...