If you're thinking in long-term, you will not buy. The price is below 30MM, and yet, we can't see strong support. The RSI is low, too.
If you're thinking in long-term, you will not buy. The price is below 30MM, and yet, we can't see strong support. The RSI is low, too.
As Liberty Global LBTYA has broken support, price could head down towards the next support level.
Technically we are at a potential area of reversal. Furthermore anticipating weaker EUR and GBP. With their assets mainly in europe they are basically long EUR and GBP. Furthermore, high leveraged company exposed to interest rate increases.
Liberty Global is going trough a rough period. Nevertheless they did some good long term investments like, Ziggo and Vodafone in the Netherlands for example. It is still in a starting phase. but liberty global might dominate the dutch telecom/internet market in the future.
Buy LBTYK at $27.80 for a dead cat bounce.
Famous failure pattern here (Wyckoff calls it 'spring'), it closed blw recently broken level which creates good short chances
This forecast is based on algorithmic analysis using Artificial Intelligence and big-data.
Total portfolio results: correct prediction rate: 58% growth: + 6.8% — w/o leveraged products (e.g. cfd, options, …) — incl. 4 cents spread / transaction — stop loss = 1 ATR
This forecast is based on algorithmic analysis using Artificial Intelligence and big-data.
Brown lines show forecasts based on alfazens' algorithmic analysis using Artificial Intelligence and big data: www.alfazen.com
The forecast is based on alfazens' algorithmic analysis using Artificial Intelligence and big-data: www.alfazen.com
LBTYA may continue bullish if the price can break H-Line and down trend line