Adidas ( OTC:ADDYY ), the German sportswear giant, has sent shockwaves through the market with an unexpected surge in first-quarter profits and a bold revision of its full-year guidance. Buoyed by robust sales performance and strategic initiatives, Adidas ( OTC:ADDYY ) has captured investor attention by raising expectations for revenue and operating profit in...
Hi, According to my analysis of Adidas stock, there is a good chance that you will buy or invest in this stock for the long term. The stock is in a very positive condition, going in an upward channel. It also broke the strong resistance at the level of 170. It is expected that the price will return to the same area to retest the rise once again. Good luck everyone
Adidas just broke an uptrend and finished 1-5 Elliot wave. We are waiting for an ABC correction, we should enter for a long position on the C, which should be ~80$ mark, since market created gap there which needs to be filled, also there is a 61.8% fib zone which indicates that market should reverse in that zone.
Entry: 80
Target 140
Invalidation: 70
Ratio: 6
The curve for Adidas shares has been upwards since mid-May. At first, it seemed as if buyers were running out of Amo in the area of the € 220 mark, but in the past few days the share has regained momentum. In the meantime, investors have caused the price to rise to EUR 241.10. Until the pre-crisis level of 282.45 euros was reached, however, more than 17 percent is...
Sportswear manufacturer #ADIDAS dropped overall -47% after they had to close their local shops cause of Covid and got terrible expectations for Sales.
If we comparing the blue indicator (TEXTILES & APPARELS Index - TSE/TXA) in the chart we can see that we already reached the bottom of the crash (maybe). And the white indicator (Nike) give us a picture what stock...
Adidas has been in a consistent uptrend since listing, comparable to that of Visa. With only one inverse bump and run present. Great long opportunity in these current market conditions.
Adidas, more upside potential in indicators with a growing moneyflow. There is positive divergence with this indicator. Stock can rally to at least 184. Buy!
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
.zip (with PDF`s) @ my Google Drive
Break Ups (Dax Index incl. all shares)
drive.google.com
Best regards :)
Aaron
Take care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
DAX 30 Index & all Shares (2016 yearly Performance) @ drive.google.com
Best regards
Aaron
