On the chart, we can see a rising channel occurring.
The price is currently ranging in the support zone, and we are waiting for a breakout of the line to take our short position.
From this signal, we expect a target with a ROI of 44%.
More details are shown on the chart.
Earthstone Energy inc. stock is forming in a head and shoulders pattern signalling a short trade opportunity provided that the shape forms. Where, upon a break from the neckline (green line) accompanied with a surge in volume. Price of stock will fall in accordance with the arrow in the chart. The stop loss and take profit levels are shown in the chart. The...
Apple is downtrending and is in a probable falling wedge pattern. RSI indicator shows a divergence. MACD indicator has just turned bullish because the MACD line is above the signal line.
ENTRY: breakout
PROFIT TARGET: 153.34
S&L: 122.54
The price has formed a rising wedge. We are expecting the price to break into the downside. We are looking for a retracement to a 50% Fibonacci extension.
The price is bouncing off the top of the Bollinger band, which is a good indicator for us that the price will break out to the downside.
Target: 0,959
Entry: 0,987
S&l: 0,998
Company Profile
Assicurazioni Generali S.P.A. is an insurance company based in Italy (Trieste) but operating worldwide: it’s the leader in its sector not only in Italy but also in other countries like Germany and France. It offers a broad range of insurance services like property and casualty insurance, insurance for companies and life insurance. The firm...
Short term downward momentum is weakening and the MACD line is about to cross the signal line from underneath, indicating that the price is ready for some upward movement. Also, backed by 50MA support and trend line support indicating that trend continuation is very likely.
Entry: 36EU
Target: 41EU
SL: 33EU
