henksaenen

henksaenen Updated 

Price has some room to the down side still. So I would like to see price test that support zone before going back up again. Some consolidation around that area would also be great and then see RSI pick up. Entry: 24.50 (coming from a lower price) Stop: 23.90 (to be on the safe side of that support zone) Target1: 26 Target2: 27

henksaenen Updated 

News: No news anymore for a while. Beginning of August they were punished because earnings were not what the general public expected it to be. They were very good though. Observations:  Weekly: Price dropped very steep at first but has lost momentum the last 2 weeks and has hit support (horizontal and descending) Daily: Price put in a green candle despite the...

henksaenen Updated 

News: Airlines not performing well in general Observations:  Weekly: Price in lng pullback towards the 200MA since Feb 2017 similar to what happened late 2015 until June 2016. So price may have a long way to go still but catching one of the upwards moves is the aim here Daily: Support around $75-76 where it could bounce. This one might well be on my watch for...

henksaenen Updated 

Observations:  Weekly: still has some room to the downside before making the bounce back up. There's a horizontal and ascending support around $44. Daily: green candle last week. Big upper wick potentially caused by the general market sentiment on Friday. Would like to see this sell off to around $44 before making the bounce MACD: Wide open and going down...