Investamate
Long

Unilever (ULVR) - Coronavirus antidote.

LSE:ULVR   UNILEVER PLC ORD 3 1/9P
Buy Unilever ( ULVR )

Unilever PLC is a fast-moving consumer goods ( FMCG ) company. The Company's segments include Personal Care, which primarily includes sales of skin care and hair care products, deodorants and oral care products; Foods , which primarily includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings and margarines; Home Care, which primarily includes sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products, and Refreshment, which primarily includes sales of ice cream and tea-based beverages.

Long life foods and cleaning products! Perfect quarantine combo.

Market Cap: £117.21Billion

The imminent reduction of interest in the UK has investors scrambling around for yield. Stocks with defensive characteristics and strong yields are attractive attention in recent days and the demand could continue. Unilever continues to find support at the 78.6% Fibonacci level at 4077p. Buyers seem happy to step in around those levels to send the price higher. The long term trend remains in fantastic shape and we expect a move back to the previous highs at 5250p.

Stop: 4075p
Target 1: 4700p
Target 2: 5000p
Target 3: 5250p

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Comments

all your calls about ftse wrong
+1 Reply
Investamate sparkstrader
@sparkstrader,

Do you have the stats to back that up?
Reply
Is this the management of how to lose wealth? haha

Awful call. This is coming down. Use Fib Extensions for potential targets.
+1 Reply
Investamate bencarvill
@bencarvill, Ben, have I upset you?

You have talked trash on 4 of my posts? Not sure why? They are all trades with stop losses, which have been hit, so I hold no exposure. I have taken a calculated approach to each of them and have risked an amount that is comfortable.

I have been involved in financial services and wealth management for 16 years, I am happy to receive criticism, but your comments are unhelpful. Risk management is a key tool, if these positions do not work then I cut them unemotionally. I am not holding any of the positions you have commented on.

I haven't made a call on stocks since 5th March 2020 due to the extreme volatility. I posted 2 short trades on ITRK and JMAT which returned 4.67% and 4.19%, which more than made up for these losses, but I notice you didn't comment on those ones.

Since 2016 I have posted almost 700 trade ideas with a win rate of 42.16%, it is therefore no surprise to me when I have losing trades.

My average win is 1.50%, my average loss is 0.78%. (I'll let you work out if that is good or not).

Happy to chat on this further.
Reply
WHO ELSE THINK THIS VIRUS IS ONLY A FUCK OFF TO THE MARKETS?
+1 Reply
I think your analysis was sound based on much fundamental data. Technically due to ULVR's expansion for so long, it seemed right for a major correction. Your targets and stops were bold and you were prepared to lose what you could afford. It doesn't matter whether you were right or wrong. A sound trader is always willing for the markets to prove them wrong, and to take a controlled loss in the process.

I thank you very much for sharing the very interesting position. 👍✔
Reply
Investamate Captain_Walker
@Captain_Walker, Thanks Captain.
Reply
Slippery09 Captain_Walker
@Captain_Walker,

The path towards my trading career was made much clearer when I realised that trading is about winning AND losing trades.
Reply
What the link for your telegram please
Reply
Investamate AdamHalsey
@AdamHalsey in my bio.
Hope to see you there
Reply
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