


diederikvanz2000
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since Dec 6, 2018
chartpattern
descendingtriangle
indicator
shell
short
trendanalysis
unibail
urw
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15Short
We can see that Shell is showing a descending triangle after a cup and handle pattern. We can see that the chart is searching for the support level. This in combination with the strong growth of Shell on a short term makes me think the price will be dropping for a couple of days soon.
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Maybe we can see a break in the cup and handle pattern soon on the Unibail Rodamco Westfield stock. I personally believe URW will break the pattern upwards, because of the high dividends and the price drop harsher than I think is needed. The Net Asset Value is almost 4 times the current stock price and the dividend would be 18,6%. They decided not to turn out...
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