The weekly SSB was my inflexion zone here. I was waiting for rejection from that zone and we got that today so i jump in. Two small positions with the 1st TP being the weekly Tenkan and the 2nd TP being a Monthly Kijun. Entry: 4204 SL: 4307 TP1: 4045 (R:1.54) TP2: 3803 (R:3.89) The operative phrase here is 'small positions'. . .
Hi all, ULVR looking very attractive at the moment, as a triple bottom has formed from prior resistance around 3700 GBX. I see this as a floor and any touches over the coming weeks will be a good chance to accumulate the name. Could see Volume resistance around 4300 GBX We can see a wedge forming with long-term dynamic support and recent downwards resistance...
UL inside the channel. Buy now and wait until the new high at 58
Multiple scenarios available: a) If long term support (purple) is able to squeeze price past fiv lvl 0.236 and past the descending yellow resistance = BUY. b) If price is not squeezed and falls through the purple support, it plays into the descending pennant. Fact that i broke longterm bull trend in bad sign. If it breaks the descending resistance its a...
Hello everyone, So UNILEVER is in a strong down trend since the earnings were published (why, I have no idea). However I see a divergent in the RSI. RSI goes up, while the trend is going down. I think that the trend will go up soon, because of the indicator. Hopefully it will break trough the SMMA 20. My price target will be 3783 GBX, the first resistance....
Could be a good bounce moment, ~42 seems a good bounce area since it was a long term resistance / support. If it goes below 40 I would sell it since it would follow the big head and shoulder pattern and go down hard.
Unilever currently down due to widermarket conditions, investors have been putting money into growth, tech and recovery stocks, now its being dragged down due to wider downtrends. when people look for a safe place to park up, theyll come back to unilever and P&G. Unilever are currently restructuring they're portfolio with they're tea businesses and other areas....
I've initiated a small position on $ULVR.L (Unilever) - If we look at the attached chart price is currently 27% from the high in September 2019. It is currently sitting on a pretty solid support level @ 3888 , however, if this fails to hold the next level isn't far away sitting at @3700 We also have two ascending trend lines (depending on where you draw them)...
We have a hammer candle off the 200sma on the weekly chart. A lot of volume is coming in... This trade could take some time but it looks decent.
Time to close the gap and turn momentum upwards.
NYSE:UL is trading above the 200 MA with a minor downtrend, break of the trend will target around 64$. A close above all-time high will open the way for more gains. A good stock to hold for the long term with high dividends. Hit the like button and follow if you find this useful :) This is only my own view and not financial advice, do your own analysis before...