CON on XERT, BUY.This level sits inside the Weekly Demand which was responsible for the ending of the Weekly upward momentum.
0.62USD
โช1.25โฏBโฌUSD
โช44.78โฏBโฌUSD
โ
About Continental AG
Sector
Industry
CEO
Nikolai Setzer
Website
Headquarters
Hannover
Employees (FY)
โช202.76โฏKโฌ
Founded
1871
ISIN
US2107712000
FIGI
BBG000BCN406
Continental AG operates as a holding company, which engages in the manufacture and sale of soft rubber products, rubberized fabrics, and solid tires. It operates through the following segments: Automotive, Tires, ContiTech, Contract Manufacturing, and Other/Holding/Consolidation. The Automotive segment comprises technologies for passive safety, brake, chassis, and motion and motion control systems. The Tires segment focuses on the provision of tire technology solutions. The ContiTech segment specializes in developing and manufacturing cross-material, products and systems for the automotive industry. The Contract Manufacturing segment is involved in the contract manufacturing of products. The Other/Holding/Consolidation segment refers to centrally managed subsidiaries and affiliates. The company was founded on October 8, 1871, and is headquartered in Hanover, Germany.
Continental CON Long term bullish cycleOur probability indicator has observed Long Term BOS (Break-of-Structure) on Daily TF.
Essentially what that means is that we closing in on bearish cycle for XETR:CON and new bullish leg is forming for longterm continuation of new bullish cycle.
We expect further bearish correction to 68.30 -
CONTINENTAL new bullish push for expect
Hi viewers, 1CON price break first zone, in last periods bullish market we are have, curentlly here new bullish period expecting
TP1: 76
TP2: 80
TP3: 84
Miles under your tire...This tire producer looks juicy. Seems like it is building an inverted head and shoulder pattern. This is generally a end of trend pattern. And looks like we build a wide double bottom with the lows in Mach 2020 and September 2022.
It' worth a buy in my humble opinion.
I see a potential target at โฌ
My Favorite Setup1. Breakout resistance zone with gap on earnings day.
2. Confirmation of resistance turning into support.
3. Fly to next support zone.
* ๐ง๐ต๐ฒ ๐ถ๐ป๐ณ๐ผ๐ฟ๐บ๐ฎ๐๐ถ๐ผ๐ป ๐ฎ๐ป๐ฑ ๐ฎ๐ป๐ฎ๐น๐๐๐ถ๐ ๐๐ต๐ฎ๐ฟ๐ฒ๐ฑ ๐ถ๐ป ๐๐ต๐ถ๐ ๐ฝ๐ผ๐๐ ๐ถ๐ ๐ป๐ผ๐ ๐ณ๐ถ๐ป๐ฎ๐ป๐ฐ๐ถ๐ฎ๐น ๐ฎ๐ฑ๐๐ถ๐ฐ๐ฒ. ๐๐น๐๐ฎ๐๐ ๐ฐ๐ผ๐ป๐ฑ๐๐ฐ๐ ๐๐ผ๐๐ฟ ๐ผ๐๐ป ๐ฎ๐ป๐ฎ๐น๐๐๐ถ๐ ๐ฎ๐ป๐ฑ ๐ฟ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต.
CON // cup handle formationTargets are determined according to Fibonacci.Watch out for wedge resistance on the weekly timeframe
CONTINENTAL - a new bullish cycle has begunI believe that continental is working on a 1-2 on the 4h and also on the 1h. I will go heavily long very soon.
Continental swing trading ideaSwing trading idea after a breakout. If you have any questions, let me know!
European TreadsThe euro tire maker shares looking reasonable & trading within a logical realm of sanity. I'm long Europe & quickly piling into India as they work through a really shitty couple months here...
See all ideasย
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