We´ve all seen a pretty nice channel directing Santander´s stock, it has just hit the top and I predict it's going to move down to $4.65,to then start it's crawl back to the top.
I predict it's going to hit the entry price anywhere bewteen Januart 6th and January 17th.
When interest rates rise they can start making more money in America and combined with the fact I'm hopeful they'll pass the next US fed stress test(they just passed one by the UK fed last week I think)
They're profitable, have a dividend and have had lots of downward pressure that should be ending or at least softening soon which should also allow them to...
Santander´s stock reached a support level early this year, and it was confirmed mid-year, as of now, there's an obvious channel in which the stock is moving, and due to macd, rsi and stochastic, $4.50 would be a good entry point these days.
I don't recommend $SAN for a long term investment though, as I'm using daily candles, I recommend it for a short term one,...
Veo canal alcista hasta los 4,20 aprox. donde en caso alcista podrá tomar rumbo a los 4,35 o 4,45. Caso de descenso se podría ir a los 3,75 o 3,65.
Como mi usuario indica soy Novato y aprendiendo :P
Se agradecen comentarios.
FOR THOSE WHO DO NOT KNOW SANTANDER S.A. IS ONE OF THE MOST IMPORTANT BANKS IN SPAIN. THE STOCK VALUE HAS BEEN DECREASING SINCE MAY 2015 WHEN THE PRICE WAS WORTH 6.80 € A SHARE. NOW SANTADER IS 3.87 € A SHARE AFTER 1 YEAR AND 3 MONTHS APROX.
THIS FALL HAS STOPPED NOW. FIRST SIGN OF CHANGE OF DIRECTION WAS THE TRIPLE GROUND SUPPORT LEVEL BELOW. THE MARKET CHANGED...
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2 ideas.
B) Largo tras superar zona 4.50-4.55 (intención y volumen en esa zona)
B') Corto tras rechazar precio zona 4,50
English:
Two ideas.
B) Long after overcoming area 4.50-4.55 (intention and volume in that area)
B ') Short after rejecting 4.50 price zone
Banco Santander is one of my favorite dividend stocks that I acquired at favorable prices.
It took some beating in October with the test of the market and the Chairman also pasted away and his daughter took over.
What is interesting now is that we seem to be testing one balance and a test of the upper smaller balance should be possible. From there it could be...
