Ones of those stocks that outperfoms markets, every index has a few, about 20/25% actually, this is one from the AEX25 index. It went up from support, going for 1512 again.
Very decent pattern showing up. Almost clearing the 5 wave sequence of bigger cycle 1. Next is a three wave correction up to around 542ish before we have our money wave down which offers a great opportunity for early retirement. Disclosure: I am short on AEX with put options.
The AEX index has been in the grip of a slow consolidation movement. Currently, price has been moving back towards the upper region and in combination with RSI divergence it seems the index is ready to break out. If so, that would mark the end of a wave 4 correction so that we can focus on the last move upwards which would end somewhere around 630 points. For now...
Today BAM is dropping through its three monthly lowest price. Taking this into account, we analyzed the technical analysis. The RSI3M3 indicator has fallen in its oversold region and now we are waiting for the buy signal . Given the downward trend, this could happen within 6 trading days. In addition, the ADT - DeMarker I & DT Bressert indicator must have...
I expected a low per 7 August based on my turndates pointing to 10/11 August and other short term techniques pointing to 7 August. However, we got a 3 August low and a higher low per 7 August to the 38,2% Fibonacci level at the opening of the AEX around 09:00 o'clock. I considered this possible which can be read in one of the comments from 5 August in my previous...
Update: Start depression - AEX Euronext forecast (Elliott Wave)
So far so good. :) Praise Yehovah! Shalom, Im
Start depression - AEX Euronext forecast (Elliott Wave)
Hi traders, The chart shows what I am thinking right now. I was not going to post anymore analyses because I felt they were not appreciated (just by looking at the likes and follows). However, I felt like I needed to share this just to see if I am onto something and not totally crazy. :) I knew this upmove was coming and I am expecting AEX 615 for some time now....
Hi Traders, Just as an example to show time and price in balance... 26 July (so that means 24 Friday or 27 Monday) was a turndate for me (a hard move expected). Also, the signals from my system (which I hid under the chart) show a BUY. Next to this, two TTheory time hits, point to a reversal (bottom) now. And my target of 557 was almost reached (Fibonacci...
My adage is: everything is relative, market is always right, buy low sell high. It took me awhile, but this is my preferred way of looking at market data. I'm only looking for relative high's and lows. The result is a strict 'whatif' using logical operators and looking only at price data and movement per interval. Cheers
Rising wedge + bearish divergence on the RSI
The question is, which way it's move next. Break down is more propably right now, but we neet to wait.
UPDATE 12/07/2020: #AEX forecast for the coming period 2020/2021
Hello all, Here another TA of me, this time on the stock Altice. Scenario 1 (Green arrows) Forming new Higher Highs and Lower Lows. The cirkels showing a new Higher High and new Higher Low. This is needed to reverse the trend and break out of the currently ranging trend. A new Higher High in the area of € 4,50 will confirm the up trend. Scenario 2 (Orange...
Adyen is currently in overpriced. This bubble is about to burst. The current P/E Ratio is 191.0 We think that a pullback in this giant run will be healthy. Price target: € 800 - € 850.
Hello all, Here another TA of me, this time on the stock PHARMING. Its a very interesting company, i would advice you to dive in the fundamentals for further information. I will just show the possibilities with TA. Before you choose to buy and hold a stock, always do your homework on the fundamentals. TA can help you by choosing a good moment and price to buy...
Hello all, Here another TA of me, this time on the stock RENEWI. Its a very interesting company, i would advice you to dive in the fundamentals for further information. I will just show the possibilities with TA. Everything you need to know, when it comes to TA, I've put in the chart. In sense of risk reward ratio, this stock might be a very good one to gain a...