Today I have a quite unusual stock. Instead of watching Italian football, why not watching some Italian stocks.
First of all we can see a bearish trend to the resistence line (1.1185). However, at this point it could reverse.
Points to consider:
- There is not high volume fluctuations (price will not increase/decrease drastically)
- Price quite below EMA 8 so the...
The ATR's second ATR axis became flatter. Probably, this exchange rate axis may be the wave of the next wave motion wave. As shown. I assume the construction of the double wave structure is further. The target price is 14.31 usd.
I believe that based on my analysis, Coffee will start to rise. The rise begins with a rise from the W1 ATR axis. After leaving the ATR axis, the exchange rate can build a rising wave structure on the wave axis (green line). The size and size of the wave structure may be similar to the size of the wave crossing the wave axis previously. The rising target price is...
a nice short opportunity for TENARIS.
Daily candle has broken out a multi-month ascending channel.
First target at 13.50, where we can visualize a strong horizontal support.
See you soon,
Italian shipbuilder Fincantieri FCT have delivered a higher revenue in the first quarter of 2018, mainly driven by the increase in the volumes of the cruise ships business. Their full year 2018 results are expected to be consistent with the 2018-2022 Business Plan targets. For 2018, the group confirms a growth in revenues of 3/6% and an EBITDA margin around...
As mentioned in the previous chart of DAN before, the share price was about to hike to €23.50. We have not reached that price yet, however it seems the share price is in a hurry to see that price. No LONG trading strategies are advised at this point as ratio risk-reward is negative. Besides, Danieli is value at €32.5 from a value point of view.