Looking very tasty on this one right about now. An upward zigzag forming, possibly as part of an interim X Wave, as a correction to that latest downward zigzag. Time will tell. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in...
Royal Dutch Shell 'A' - Short Term - We look to Sell at 19.49 (stop at 20.37) Short term momentum is bearish. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. We have a Gap open at 19.49 from 25/11/2021 to 26/11/2021. We expect a move lower in a corrective sequence, targeting...
A simple but useful chart for analyzing the opportunity cost DYOR
Expecting this to be a strong support, with significant upside potential for RDSA in the medium term. While the world will surely move to renewables at some point, this will not have a major impact yet in the coming 10 years. Simply too many petrol vehicles on the road, planes in the sky and vessels cruising our seas for years to come. There will be one final...
Shell finished wave 1, With nice 5 waves inside of wave 1. Now wave 2, 3 waves downside to cool down. After this is finished wave 3 will be massive.
Pretty much selfexplanetory. Downward wedge usually breaks out up. Incredible how the calculated trajectory exactly matches the gap (at 18.70). From there on probably another (limited) ride down.
I have no strong opinion with respect to which way Royal Dutch Shell may go next week. Tanks are getting full everywhere but on the other hand several European markets are now starting to relax the temporary measures that have been put in place because of Covid-19. This being said it's also clear we'll be looking at several months of continued measures a full...
Hi traders. Following the turmoil with oil prices falling globally as demand for oil weakens, I am planning on purchasing shares in certain oil firms. One of these firms include Royal Dutch Shell (RDS.A). As oil prices are dwindling down, I would expect the earnings report released towards the end of April to be terrible news for the firm. Thus, I would ideally...
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A positive 3% gain to end WK3 for RDSB hasn't really changed anything for me. WK4 needs to see a finish above the (blue) 26 period moving average to continue consolidation and point toward positive momentum. Fundamentals in oil and natural gas aren't really giving away any secrets so I'm not expecting to see any push beyond 2450 unless external forces provide a...
The chart corresponds to the third chart of the article "How to create a stocks portfolio".
My use of multidiagonals suggest that we could expect a move into the £25.00 range here at RDSB, nevertheless as we approach that upper diagonal, don't be surprised if we perhaps pull back down before resuming the move. A daily close below the lower diagonal would concern me and I would probably exit.