Hello, I've been looking at what people are writing on the internet about JSW recently and it's hard not to get the impression that some investors are dreaming of growth. Some are really pushing for growth. From the point of view of technical analysis, the price must break through the share price at PLN 33. It would be best if it made a megaphone pattern like in...
HI, UniCredit with its background which means take over or merge of Commerzbank has got a very good fire, fuel to move the its stock higher. Stock passed all previous levels of resistance even we can think about the first stop on the level of price in field of 53 EUR. It would be incredible achievement. Please look on the latest news that show that big players...
After a period of high inflation, there comes a time when the market suffers from recession. The index did not break HH - the peaks of 21 and 23, so it will probably go down again to test the SMA - the moving average indicator, as it was in previous periods. I think we had a local dip now and a slight hump is forming to go down to 13800 levels. Good luck.
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...
hi, 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...
hi, 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...
hi, Right now we have a strong field of distribution on the market. The main point of CAC was in 7586 points. The index did not continue to move up and right now we see that direction is on the south. Stocks of banks were very high and we have a distribution on UniCredit or Credit Agricol. The stocks did not move up all the time and we had double highs on...
Hi, Deutsche Bank is my favorite bank stock to play. It is very easy to predict where the trend is moving right now. I think that it will want to touch the bottom once again and 7,5 eur. If someone was interested in world after crisis like war, there will be a move right with no significant move up. Trend will move only from one point to second. I suppose that...
If you ask yourself where is France Index CAC going – I think it is obvious – It will move up and down to the sky. It needs time like DAX but the direction is only one – but remember that RSI is very low and weak. The same with MACD below 0. But I suppose that they will want to make new highs – Like DAX waiting for march 2023 r. what will bring new month and...
Hi, If you look on the main course of mass media - they will not tell you the truth. They say that DAX is oversold and the pattern right now is bearish. RGR - pattern. Lot of people think that there will be a head with shoulders pattern. I suppose that is false - bias point of view. I can only suppose that if euro is weak, dax is weak. Right now EURUSD is...
hi citi is my favorite bank to play. it is funny bank, when bankers can play how they want the money without any control, and then lost their job. I don't know what kind of procedure they got but it does not work ... I think that this bank is manipulated a lot, lot of people - big fishes have got stocks in their pockets, bought roughly very cheap below 11 usd......
hi, please look on the Emergin Market Index EMBASKE - it is real downturn. All signs shows especially like always RSI - that move of the index is still on the south. RSI is very weak, sometime you can see a sign a swing up only to cut of stop loss. Looking on the geopolitical problem, there can be always new crisis - or gas, or war, or other conflict. I think...
hi, best regards from Poland, from my work I see that USDPLN can hit 5.4 zl or even 5.6 zl I think that we are on the beginning of creating one of the shoulders - waiting for a head, even one head or even two heads... Situation is still dramatic - FED officially said that it is fighting with inflation. Still. It is major and the most important factor and risk...
hi, situation is very bad. Looking on technical signals - macd is weak in week time frame, below 0 and without any signs moving up. missing elliot waves - second and third ... momentum is still moving down without any signs to take a big breath up. still going down still to go: 28 pln then major support level 24 - 25 pln, what next? 18 zl if yes, then the...
hi, looking on the big picture, we are in great black hole, i think about a cosmos - as a universe, rising of costs of goods, rising of rates, credits highs... slowing down economy, as we know, big players want to play and like to make swings, so do not catch into the nest of the fisherman ... bank of america - great but looking on pivot and Fibonacci trend, i...
hi deutsche bank is very good for swing playing, it is collateral, joined with EURUSD - if EUR is strong, DB goes up, if weak it goes down, right now we have a move down, it is interesting in which direction it will go. there is path down, look on the screen. MACD signal is weak in D frame - DAY - and below 0 going, the same on time frame Week - W - it goes...
momentum is strong, this coming week can be neutral but in all the movement DAX is going down look on week - still sell signal ...
hi folks, maybe we will see in this 2 weeks a momentum up to 1930 points. But in the long distance it will go down