Eni, the largest company we have in Italy.
I simply show u what it means to invest by doing some trades without having to search for the nex Tesla or the perfect entry point on Bitcoin.
Eni pays good dividends, the price range is obvious even for a child, so why not use it? Or, why not to sell and buy bacj at undervalue prices when the price goes overvalue...
Price is currently bouncing off the top of the long term down channel
This is within a smaller up channel that is taking its time to form
(1) label is the left and right shoulders
(2) label is the arms of the structure
(3) is the head
I expect the smaller up channel to continue for a bit following down channel bounce.
HTF double bottom, or 8H double bottom that haven't been retested yet. I'm thinking we are soon to retest this, until EOY probably.
Double top on RSI, retest of previous high and many other signs, that makes me think this will be a nice short play.
Trendlines there for the orientation and confirmation of the breakdown.
Targets: 25,50$ and 23,50$
Invalidation:...
The PEAD projected a Neutral outlook for $E after a POsitive Under over reaction following its earnings release placing the stock in drift A with an expected accuracy of 90.91%.
The PEAD projected a Bullish outlook for $E after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 75%.
The analyst consensus points to a rating of ´Underperform´. Average target price 31.7. Previous closing : 28.36 indicates for a potential upside 12%. Market Cap : 51,4Bn
Technical Analysis : Our price just hit the 50DMA we expect a pullback to our support and a green candle after it for a good entry level.
RSI : RSI looks strong as it has started creating HH...
War.
High, very high volatility.
These are times when stocks move from traders to investors.
So it is right to accept drawdowns, obviously not in leverage and weighted, having liquidity to mediate when this problem passes.
However, there are some "favorable" situations even in these times, which help to rebalance the portfolio and create liquidity.
This is...
Mosse che andavano fatte il 25/10/21 sul titolo ENI
ACQ a 12,122
poi a 12,178 V+A
poi a 12,268 v+A
TOTALE GIORNATA 5 ESEGUITI e 0,146 guadagnati +1,20%
Uscire se ENI scende sotto i 12,268
Saluti. ESTERINA MATRAR 26/10/21 H 01,56
entry price 10.260 stop loss 8174 target price 13420
The ENI stock is currently in consolidation, respecting the support and resistance levels. Long position is recommended until the price falls down on a retracement. RSI and MACD show possible LONG trend, in fact along with the good performance of the company is expected to be a bullish moment in the near...
In accordance with my view of the resurgence of the energy sector worldwide and believing that the XLE has finally put in its long-term bottom in 2020, I believe energy stocks will provide good returns in the coming months and years
Also with the world being able to come back to normal after COVID, travel, mobility and oil consumption will return to pre-pandemic...
