terryMars
High seller pressure with gaps during the march month Some bad news: "Shares in Beneteau fall 12.3%, headed for their worst day since September 2023, after the motorboat manufacturer said it expects weaker 2025 sales amid a business slowdown" Bearish until 5.50
Resistance level reached RSI overbought Short until 96.0
Oversold RSI + Resistance touched twice but never broken + Dividends already paid Opening price: 113.50 today 06/06/2025 TP set at 112.0 Leverage: x4 Potential gain: 1,30% x 4 = 5,20%
Daily and weekly oversold RSI + resistance touched two times without breacking + decreasing volumes. Looks like sellers are winning the battle. Opening price today at 2.895 TP set at 2.850 SL set at 2.905 Potential gain: +3% (1,5 x 2 leverage)
Over sold daily and weekly RSI state. Major resistance level of 6.5 reached multiple times without breacking. Big red candle and the next day a shooting star candlestick (not sure about this one but it looks like). Currently hooked on the 6.0 major support level. It could go up but I doubt, the seller pressure is truely visible and the resistance at 6.5 was pretty...
I don't see any major support levels above 74. Big red candle in the middle of 84 => can't go higher than this resistance level, high pressure of sellers. Short with a TP at 74. Warnings that makes me not sure: dividends coming soon so a lot of buyers will probably come + oversold RSI.
Short until 87.0 (support zone). Strong selling pressure confirmed by two large red candles. Recent green candle shows buyer hesitation (small body, upper wick). No significant volume to support a bullish rebound. RSI remains weak but needs surveillance. Rebound lacking conviction.
Long on MDM with a TP on 2.90 Weekly & Daily oversold RSI Selling volume's reducing Buying volume's increasing All time low broken Support levels broken --- At this state there's two possible scenarios: price falls until 2.00, or goes up to 2.90 (or even higher but I wouldn't try it). Opening a long position on this is very risky right now, but why not try? The...
EURONEXT:ML will close two of it's factories in France, which means less expenses and more profits. The stock is oversold on RSI, broke mulitple support levels and has now stopped on a major support level. Bearish the next few days/weeks as many "low profile" investors will sell their shares, the oversold state and the major support level should give the right...