Hello ladies and gentlemen, according to my graphical analysis, EURONEXT:TTE show a strong bearish configuration
AB Inbev Short Term We look to Buy at 47.28 (stop at 46.18) Previous support located at 47.10. Price action has posted a Doji candle and confirms a possible stall in the recent move. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Expect trading to remain mixed and volatile. Our profit targets will be...
Hello ladies and gentlemen, according to my graphical analysis of EURONEXT:TTE Stock, I'm not suggesting that anybody take a short position in that stock.
Societe Generale Short Term We look to Sell at 22.24 (stop at 23.54) Previous support level of 22.24 broken. Selling continued from the 50% pullback level of 26.20. The hourly chart technicals suggests further upside before the downtrend returns. The bias is still for lower levels and we look for any gains to be limited. Our profit targets will be 17.19...
Norwegian Air Shuttle Short Term We look to Buy a break of 9.21 (stop at 8.34) We look to buy dips. Previous resistance located at 12.70. Previous support located at 9.00. Trading within the Channel formation. We look for a temporary move higher. Our profit targets will be 12.69 and 13.49 Resistance: 11.50 / 12.70 / 24.00 Support: 9.00 / 6.00 / 5.00 ...
Bullish bat pattern is being completed, i think. But need wait until the end of this week to confirm this. If so, a big reversal will be forseen.
Air France Short Term - We look to Sell at 4.71 (stop at 4.90) Preferred trade is to sell into rallies. Previous resistance located at 4.70. The bias is still for lower levels and we look for any gains to be limited. Trading within the Channel formation. Expect trading to remain mixed and volatile. Our profit targets will be 4.24 and 3.75 Resistance:...
Postnl Short Term - We look to Sell at 3.32 (stop at 3.44) Preferred trade is to sell into rallies. 20 1day EMA is at 3.27. Previous resistance located at 3.30. We have a 38.2% Fibonacci pullback level of 3.30 from 3.80 to 2.99. Our profit targets will be 2.99 and 2.87 Resistance: 3.30 / 3.50 / 4.00 Support: 3.00 / 2.90 / 2.50 Disclaimer – Saxo Bank...
Axa Short Term - We look to Sell at 25.34 (stop at 26.01) Levels close to the 78.6% pullback level of 27.36 found sellers. Further downside is expected and we prefer to set shorts in early trade. The move higher is mixed and volatile, common in corrective sequences. The bias is still for lower levels and we look for any gains to be limited. Our profit...
Valneva Short Term - We look to Sell a break of 11.58 (stop at 12.61) A break of bespoke support at 11.80, and the move lower is already underway. Current prices have reacted from a low of 11.70, however, we expect further losses to follow. The failure to sustain the break higher and subsequent dip, formed a bearish candle and is negative for short term...
Alfen Short Term - We look to Sell a break of 80.66 (stop at 85.50) Further downside is expected, however, due to the strong support below we prefer to sell a break of 82.00, which will confirm the bearish sentiment. We look for losses to be extended today. The bias is still for lower levels and we look for any gains to be limited. Selling continued from the...
Solutions 30 Short Term - We look to Buy at 6.05 (stop at 5.71) We look to buy dips. Previous support located at 6.00. A higher correction is expected. Although the anticipated move higher is corrective, it does offer ample risk/reward today. Our profit targets will be 7.05 and 7.45 Resistance: 7.00 / 8.00 / 9.00 Support: 6.00 / 5.00 / 4.00 Disclaimer...
ING Groep Short Term - We look to Sell at 9.90 (stop at 10.24) Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 10.00, resulting in improved risk/reward. Trading close to the psychological 10.00 level. Price action is forming a bearish flag which has a bias to break to the downside. There is scope for mild...
BNP Paribas Short Term - We look to Buy at 46.81 (stop at 45.50) We look to buy dips. Although we remain bearish overall, a correction is possible without impacting the trend lower. Previous support located at 47.00. We look for a temporary move higher. Our profit targets will be 50.19 and 53.18 Resistance: 55.00 / 60.00 / 68.00 Support: 47.00 / 38.00 /...
TLDR: targeting 80 if next pull back holds 56. -- Galapagos has gained more than 50% nominally off the Dec '21 low, in a three waves structure. While running into the 1.618 extension of the green circle i-ii, the technicals are becoming overbought. With the next earning report within a month, it seems wise to take some profits off the tabel. Further more, the 65...
Airbus - Short Term - We look to Sell at 108.46 (stop at 113.02) Preferred trade is to sell into rallies. Previous support at 107.00 now becomes resistance. 20 1day EMA is at 111.00. Expect trading to remain mixed and volatile. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 107.00, resulting in improved...
MCPHY Energy - Short Term - We look to Sell at 15.01 (stop at 16.66) Previous support at 15.00 now becomes resistance. 20 1day EMA is at 16.00. Trading volume is increasing. The primary trend remains bearish. The bias is still for lower levels and we look for any gains to be limited. Our profit targets will be 9.54 and 7.15 Resistance: 15.00 / 18.00 /...
BNP Paribas - Short Term - We look to Buy at 59.34 (stop at 57.18) We look to buy dips. Previous support located at 26.20. Reverse trend line support comes in at 60.00. The daily chart technicals suggests further upside before the downtrend returns. Further upside is expected although we prefer to set longs at our bespoke support levels at 60.00, resulting in...