EM's desperate for $$$ and no stimulus deal All markets in trouble, $ still king a 100 real quick :)
Hmm apple higher mcap than the entire Brazilian stock excahnge... not a bubble?
Telenor is currently in a bearish trend, but it's nearing the area where one should look to buy. We have two significant horisontal supports. The first @ 156.75, and the second at 150.45. The logic game plan for me, is to place equal bids at the two levels. Making the potential average cost 153.6. TP 1: 180 (TP 2: 190)
At big support, this is the place to take a position for a long term investment. If someone where to do so... Buy zone marked with blue box.
We've had some positive price development lately, and it looks like the trend is turning bullish. Golden cross MA50 above MA200 of course adds to our case. Current resistance is at 142.5....Interested in an entry @ 136.1 marked by the yellow line.
Entra hitting new all time highs, here's a possible way to ride the trend at a 6% risk, setting stops below the wick at the last weekly candle. Blackrock purchased stocks in Entra worth roughly $11m last week.
This consolidation will eventually end, and take a direction. The obvious play here is to buy here at the lower end of the consolidation. If this breaks out to the upside it can provide solid returns.
If $63 holds here on the weekly, we'll be testing the downward trend line and likely see a reverse of the current trend.
As we can see from the 1hr here, price bounced off support at 338 at decent volume. This indicates a switch in momentum to the north. I see resistance at 370 as the target price. But be aware that 200MA will probably provide some resistance first, since it has been well respected in this downtrend. NB: Entry, SL & TP is calculated from 338, price is now...
SAS dropped a lot today due to Q3 presentation. Looking at a retest of the Order Block @13.10 for a potential entry.
900 level held, with dips managing to close above. Bounced off MA50. New ATH is likely from here.
Tesla with a series of lower lows on the weekly, I dont think we'll form a higher low here. Major resistance. Entry would be at the RED line.. 350s ish
After the breakout, NHY now seems to be testing previous resistance levels as support at low 33s. Bounced off MA50 and MA200, Golden Cross with same inputs. Looks like its finally going to leave this inverse H&S pattern, and accelerate upwards.
Lower high incoming. Close to 0.95 is the place to sell, I believe.
Chart very clean. 54 offers support, and a good entry, on the weekly Price still above 200MA
Inverse head and shoulders pattern has formed, closes above 180 will most likely reverse the trend. Possible golden cross MA50 MA200 Entry would be at MA50 or retest of 180...