Koninklike Ahold Delhaize - 30d expiry - We look to Buy at 27.14 (stop at 26.59)
Price action continued to range between key support & resistance (27.00 - 28.40) and we expect this to continue.
27.05 has been pivotal.
26.84 has been pivotal.
Daily signals are mildly bullish.
The primary trend remains bullish.
Intraday dips continue to attract buyers and...
Koninklike Ahold Delhaize - Short term - We look to Sell at 28.27 (stop at 28.79)
Price action continued to range between key support & resistance (27.00 - 28.40) and we expect this to continue.
Preferred trade is to sell into rallies.
Spikes (rejections) can be seen in both directions highlighting indecision.
28.39 has been pivotal.
Trading has been mixed...
The Gross margin is one of the first margins we can find on the Income Statement. The Gross margin is shown in percentage and it will give us a good indication of the performance of the core activity of a company. The formula to calculate the Gross margin goes as follows:
Gross margin (%) = Gross profit / Total revenue
Before we take a look at the...
Koninklike Ahold Delhaize - Short Term - We look to Sell at 28.08 (stop at 28.95)
We look to sell rallies. Previous support at 28.00 now becomes resistance. 20 1day EMA is at 28.55. Expect trading to remain mixed and volatile. The medium term bias remains bearish.
Our profit targets will be 25.68 and 24.66
Resistance: 28.00 / 29.00 / 31.00
Support: ...
Just got bounce back after reaching upper trend line, need some correction in the short term or more likely sideways consolidation: new buyback program of 1 billion EUR in 2022 should provide shock demper.
Strong support around 22-24 region (mid channel + volume profile POC), as long as this level holds, any correction provides decent opportunity for long term...
Dutch grocery retailer Ahold Delhaize (AD €24.56) - strong online sales; 2021 outlook raised. Share buyback program: ~€464m of the €1bn program complete thus far (08/06).
Technical: Emerging from a rounding bottom consolidation. Also back-tested the downward trend line breakout.
We can see a symmetrical triangle forming on the charts of AHOLD. This can lead to a breakout or breakdown. In my personal opinion i think we will see a breakout, taking into account COVID-19 and AHOLD's strong position in online retail with 'bol.com'(Notoriously used by dropshippers), revenue growth is very likely. Also the strengthening of their position on the...
Ahold at huge interesting point. Possible breakthrough to 39!! (long term prevision years ahead).
Fibonacci long and short at end -/- and beginning.
Growth at end of 0.25% - the 0 point is reached.
------------SHORT TERM PRICE TARGET $26 10% POTENTIAL GAINS------------------
BULLISH SET UP ON INDICATORS AND HIGH VOLUME TRADING.
READY FOR BREAK TO UPSIDE.
CONSERVATIVE ENTRY ABOVE 100MA OR ON BREAK OF RSI RESISTANCE
Ichimoku cloud will provide support to the bullish trend. I expect price to be in the TP-zone as early as begin July.
Please let me know what you think by leaving a comment!
