Aalberts gaining too swiftly and bounces of channel line
Aalberts has been dealing with a lot of negative prospects (shrinking of industrial economy Germany hit Aalberts), so a cautious approach to entering positions.
However a classic resistance line is seen around 32.46 and the channel line crosses that line exactly at the top of yesterday's candle.
It might push through to the green top channel line.
The broadening wedge will finally break and usually it is a 50-50 chance of either direction.
However a classic resistance line is seen around 32.46 and the channel line crosses that line exactly at the top of yesterday's candle.
It might push through to the green top channel line.
The broadening wedge will finally break and usually it is a 50-50 chance of either direction.
Trade active:
Germany confirmed Industrial orders have fallen by 4% and will fall to 8% which definitely will reflect in Aalberts price.
AALB 30.00P 18/3 Option position opened.
AALB 30.00P 18/3 Option position opened.
Trade active:
Double down! Tuesday, industrial orders and production numbers will be released and I'm banking on it going down. If by heavens miracle the Dutch industry suddenly grew, immediately close the positions.
AALB 32.00P 18/3 Option Opened.
AALB 32.00P 18/3 Option Opened.
Comment:
Volume has completely died down. Little resistance was found during today down movement.