BMWYY has complete an Expanded Flat in Jul 2016 at 23.65.
Look for a minimum target at its previous high at 44 zone.
A break below 23.65 implies a more complex and extended consolidation.
i see:
breakout and pullback to descending trend line
breakout and pullback to a strong price level
so :
im looking for breakout of this tl and entry to buy position on daily time frame
I am having BMW on my watchlist for quite a while and i am reading alot of positive fundamental news about the company and their car-sales, for example they are expecting 2017 to be their 6th consecutive record year etc.. The chart technical picture is lining up more and more with the fundamental view. I am expecting the 5th wave higher to start pretty...
hi fellow traders,
There is a very good opportunity to go long with BMW. At D TF, BMW has been now trading along the up trend channel for both corrective and impulsive waves. My target for this share should be until the end of second quarter 2017 at 100.xx USD/share. SO go long from now and hold until that mentioned time.Around 13.14USD/share will we benefit, or...
Any bilateral agreement between US-JPN related to Autos, will hurt competitiveness in European Automakers :
Renault, Continental, Valeo, VW, Daimler...Watch out next days.
War Trade ( US VS GER)
Hey Guys,
Here is a chart from BMW it was in a very nice uptrend. Now we reach an interesting level of support.
If the stock close under 83, I'll be very bearish.
Not an easy 2016 for BMW.
Look where we started and where we ended 2016. Not much happend.
Still below the last price in 2015.
BMW confirmed the breakout with the first and second pullback.
Therefore GAP-Close is only a matter of time - the sooner the better.
With a market cap of about 58 Mrd. Euro BMW is 9th largest DAX memeber and will push DAX closer to his...
Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Overnext month i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
