Idea: - Short share once it hits €50 - Stop loss @52EUR -Take profit @45EUR.
Today's rise gives an opportunity to short. Considering: - global decline (refer BEL20 SHORT IDEA) - INGA IRON CONDOR opportunity - Downward trend
BEL20 downward trend. Mainly looking to short companies that bear due to COVID.
-Weak bullish trendline -Current price close to resistance level (€78 & €82). Considering uncertainties regarding financial releases Q3 (05/11) and the impact of COVID (most likely limited) on the financials I would hold Solvay. => Will it break resistances after financial releases? To revisit per 05/11.