Altice stock TA Daily candleHello all,
Here another TA of me, this time on the stock Altice.
Scenario 1 (Green arrows)
Forming new Higher Highs and Lower Lows. The cirkels showing a new Higher High and new Higher Low. This is needed to reverse the trend and break out of the currently ranging trend. A new Higher High in the area of € 4,50 will confirm the up trend.
Scenario 2 (Orange arrows)
The last break out from the range channel was just a fake out and price will continue moving in a range between € 3,30 and € 4,05. If so, this stock has a nice range where you can swing trade.
Scenario 3 (Red arrows)
The price will move further in current range and break out to the downside. After this it will retest the south side of the range channel to go further downside to the area where it was during the big push phase because of COVID fear.
Before you choose to buy and hold a stock, always do your homework on the fundamentals. TA can help you by choosing a good moment and price to buy the stock.
This is just my view and opinion and in the end you always decide for yourself.
Don't ever go blind on someone else his vision, create one for your self!
Have fun and good luck trading. :)
AEX
PHARMING LONG termHello all,
Here another TA of me, this time on the stock PHARMING.
Its a very interesting company, i would advice you to dive in the fundamentals for further information. I will just show the possibilities with TA.
Before you choose to buy and hold a stock, always do your homework on the fundamentals. TA can help you by choosing a good moment and price to buy the stock.
PHARMING is fundamental a healthy company and one of a kind. If you are interested in a possible gem, please check out the fundamentals and see it for yourself.
From TA perspective, price is moving into a triangle/flag pattern and 'soon' have to choose direction. Personaly I'm thinking it can go both ways.
But with stocks, and specialy the ones you want to hold for long term, you just have to check out the fundamentals.
I do not recommend this stock for daytrading, although there are possibilities. As you can see the jump earlier after the news of 5 people who have bin treated with their medicine, RUCONEST, pure doing analysis on the chart on this stock is a bit hard and tricky in my opinion. You just never know when there will be published some news what will effect the price big time.
Personally i do think the current price can be a good moment to start buying this stock for the LONG term. Buy and Hold.
This is just my view and opinion and in the end you always decide for yourself .
Don't ever go blind on someone else his vision, create one for your self!
Have fun and good luck trading. :)
Renewi LONG termHello all,
Here another TA of me, this time on the stock RENEWI.
Its a very interesting company, i would advice you to dive in the fundamentals for further information. I will just show the possibilities with TA.
Everything you need to know, when it comes to TA, I've put in the chart. In sense of risk reward ratio, this stock might be a very good one to gain a good profit. When it goes back to his latest high, pre COVID, there is almost 60% profit possible.
Personally i like to buy and hold stocks, specially dividend stocks. In this case this stock doesn't yet give dividend but i do see a lot of potential profit just by the current price and the signals that are hidden in the chart.
Before you choose to buy and hold a stock, always do your homework on the fundamentals. TA can help you by choosing a good moment and price to buy the stock.
This is just my view and opinion and in the end you always decide for yourself .
Don't ever go blind on someone else his vision, create one for your self!
Have fun and good luck trading. :)
AEX: spike low completed! :)Hi traders,
This was the mid June spike low! My date was June 13 but I know it often comes a little earlier. Especially when the date falls in the weekend. ;)
So this morning at 536,50 I played a long position and just banked at 547. in 2,5 hours time. That is why time is so important, it makes me understand the moves way better and gives a huge edge in trading!
Now I am looking for a retrace of some sorts (mind the gap at 556,50 and the downward trendline). Later in June/at the beginning of July, I expect more downward action...
Shalom,
Im
Disclaimer: think for yourself and search the truth!
AEX: an example of the signalsystem at work!Hi traders,
This time I show you signals that came from my system (which I do not show in this chart). The blue ones are signals generated from the system (hard data) while the orange one is based on my own experience/feeling for the market.
Not bad and as I have told you, a low will come in mid June. I did not expect the AEX to go this high in the beginning of June, but after my trade got stopped out, I waited for this uptrend to be done because I know, based on my BOTTOM turn dates, we need to see some down action! :)
Trade what you see, not what you think!
Shalom,
Im
Disclaimer: as always, think for yourself and search for the truth!
AEX: this first bearmarket rally is insane!Hi traders,
As you all know, I believe the bearmarket has finally started since February 17 2020.
I have been thinking, for a few weeks, about the wave down of July 16 to Augustus 16 and the following wave up to October 12 2007. I really feel we will get a similar kind of follow up in the coming 2-3 years into 2022.
Timewise, the top should be very close. Our February 17 to March 18 2020 can be compared to the wave down in 2007. The big difference is that in 2020 we saw a decline of about 246 points while we 'only' went down 82 points in 2007. The strange thing is that 3 x 82 = 246...
After the wave down, the market went up for almost 2 months (just 2 tradingdays short). If I count 18 march + almost 2 months, I get to May 14 2020. So somehow, timewise we are 'off' now compared to the move because we are at June 5 2020. Is this a problem? I think not looking at my knowledge of Harmonic patterns ...
By the way, June 5 (today) we have a lunar eclipse and full moon . Something special is going to happen soon looking at my bible and looking at the market! June 21 a solar eclipse and to conclude the eclipse period, July 5 a lunar eclipse again…
I keep tracking this 'fractal' and also my trading system (monitoring the 60 and 15 minutes charts). When I see the top, I will short it.
I wish you all a good weekend and shabbat shalom!
Shalom,
Im
Disclaimer: think for yourself and search the truth!
AEX: the (up) trend is your friend!Hi traders,
I still remain bearish for June, but we are still in the beginning of the month. I tried one short position that failed and since than I am just analyzing and waiting for a big signal that will accompany my bearish view.
For now, a big uptrend is in progress with a few positive reversals already (see the orange lines). These reversals come from the RSI14 and let us calculate a minimum target.
We see above a gap at 574,15 that is still open from the downmove of Feb/Mar this year. Maybe that is the final target for now, or maybe not. But mid June for a low and the beginning of July for a low are getting closer and closer each day...
Shalom,
Im
Disclaimer: think for yourself and search for the truth.
AEX: the top is near!Hi to my fellow Dutch stockmarket 'liefhebbers' and others from around the world!
I have been tracing this Bearish Butterfly for more than a week now. This might very well point to the top of the bearmarket rally from March. A sidenote: Harmonics are valid WHEN THEY ARE VALID... Until that time, it is a pattern that seems to be in progress but proof is always NEEDED! I learned this the hard way. ;) Hard data is what makes money for me in the market, not what I think...
I expect a bearish June with a 'nice' bottom in the beginning of July. I have some good cycles pointing to mid June and the beginning of July for bottoms. I won't give exact dates, I learned my lesson from past efforts of sharing knowledge for free. :)
Besides the stockmarket, bad things will start to happen very soon in the world. For me 'the sword' (war) is around the corner. Daniel speaks about this as well as Leviticus 26 (the curses).
I can testify this: when I started to know Yeshua (Jesus Christ), and begged/prayed for help in my life (in all aspects of it) and I starting reading the bible (I was in so much pain physically and in the end always lost in the market), He was there. He blesses who seek Him and follow Him (believe in Him, testify of Him and keep his Torah, John 14 verses 15/21/23/24).
I wrote this for you to think about when you see things happening and have no hope in difficult times ahead. There is hope, always! His name is Yeshua (salvastion)!
Questions or comments? Feel free to post them!
Shalom,
Im
Disclaimer: always think for yourself and search for the truth.
AEX Bearish VersionLooking at the AEX i chart, this bearish pattern is quite easy to spot. At the previous two tops AEX printed:
A high (yellow)
Followed by a higher high with a drop to the low of the yellow zone (green)
Followed by a retracement to around mid green zone and a big dump (red)
Retest of support turned resistance (orange) with a final big dump afterwards.
I’m not a big fan of Head and Shoulder patterns but this one is too obvious to ignore. The current pattern we’re in can be drawn in two ways. The one I have and one with the yellow circle as the left shoulder.
So obviously this would mean a big drop would happen if this one plays out (I’m not convinced). The AEX is a capitalization-weighted-index with three companies having a total weight of 43,46%(!) of the total index:
ASML Holding (semiconductors)
Royal Dutch Shell (oil & gas)
Unilever (personal products)
It’s interesting to watch how these company go through the Corona pandemic.
Why is this pattern useful? Invalidation is nearby . If we surpass the green zone it’s likely the ‘corona-low’ is already in and we go for new highs.
This is just an idea.
AEX: the bearmarket has begun!Today I am sharing my longer term vision for the worldwide stockmarket. However, since I am a Dutchie, I will use the AEX to show you what I think is coming.
I will keep it brief: the crashwave from February and March this year has been the start of (at least) a 2-3 year bearmarket into 2022 I would say...
How can I say this?
1. I have seven years experience in analysing and trading the market. I first lost a lot of money to learn the hard way, but later on learned complex technical tools that most do not want to hear about or don't know. Besides this, I found a signal system which gives golden trading opportunities for short term (day) trading.
2. I love time analysis and even more since 2018 when my understanding of cycles and how to calculate 'turn dates' improved A LOT! Since then I have made a lot of weird top and bottom calls which blew my mind everytime...
3. It is NOT NORMAL that a market crashes 38% from an all time high (looking at America, not the AEX). And all in 1 month...
4. We are living in the end time, biblical speaking. We are in the fourth cycle of the last 120th jubilee cycle. Read Leviticus 26 from verse 14 and on to see what I mean. We are seeing pestilence already (Covid-19), famine is following in a lot of countries already and it is estimated that millions of people will starve to death in the coming months and soon we will see the sword (war). YeHoVaH (the God of Abraham, Isaac, Jacob and my God) will make sure that everything will happen according to His will. He wants us to repent of our sins and turn to Him, our Father! He made this very clear by dieing for our sins (Yeshua = Jesus Christ) and come back to life again after three days! All that I am able to do now in the stockmarket, is not because I am good or a genius or whatever, because I am not. YHVH raises up who turns to Him! I am very grateful that He opened my eyes and ears just in time (May 2016)!
5. The FED/ECB/BOJ/whatever can do what they want, but it is not going to work. Everything is created by YeHoVaH and cycles will therefor do what they have to do. For me they are pointing down... Time is more important than price!
6. The move up since March 18 in the AEX and a little later in America, seems to be a bearmarket rally.
7. People have learned, in the last years, that the market will always go up. People don't know how to play a bearmarket when no man can push the market up as we have seen since 2009 (QE1, QE2, QE3 and whatever more the institutions of men tried to do)... The last real bearmarket was 2007 July - 2009 March. The perfect condition to make a lot of new and even 'experienced' people (who do not think for themselves) poor. Really sad...
What to do?
1. In 2017 and 2018 I bought some silver Maple Leaf coins. Knowing some 'bad weather' would come. I still think that silver and gold can be a good investment, but the time will tell if these precious metals will go up when the market goes down big. However, in the end, it is better to have some rice to eat when there is famine than silver coins...
2. Play some big waves with out of the money options (50-100 AEX point) with 3-6 months time before expiry date. In a crash wave as we have seen, people that buy their options on time (before the volatility index gets to panic values (30+) will do good business. However, the AEX still has its volatility index (VAEX) still at around 30. Options are still pricy...
3. To not be stuck with options and big volatility values, a turbo/speeder/booster short, can be a way to play the 'big short'. Buy it and let it run its course...
4. Sell the house, I have been saying for years that I forsee a housemarket crash. Go live with the parents or rent something...
5. Take your pension funds and go sit on it or invest it yourself because the companies that are investing for you will waste it in the coming years if you ask me...
To end this analysis:
1. What would be a good target to see at the big bottom in the future?
I would say the March 2009 low will be realistic... Around 200 AEX that is.
2. Is there a possibility we will still make a new high?
I am open to everything and only trade what I see, not what I think. Hard data (signals) are needed for me before I will open a position. The above scenario is my best guess at this moment.
3. Are we near a high before the next drop?
I think so yes. Again, hard data and my turn dates will tell the story.
Disclaimer: think for yourself, the above is my opinion and cannot be seen as investment advice.
AEX looks the same as 2002In 2002 the AEX made a big drop to 380 points. After that point the AEX made a rally up to 528 points. Back to now, this year we als made a big drop to 390 points. 29 april we reached the 528 points. Yesterday we saw a big red candle, does this mean we have seen the top? If we look back at 2002 the answer is yes ;)
AEX Is Inside a Rising Wedge, After Struggling at the 0.500 Fib Let's look at the Dutch AEX index. The prices seem to not have recovered as much as the american stock markets, giving us more opportunity to trade with higher percentage gains. However, I am starting this one with my analysis on an upcoming short trade.
I'm not a huge fan of this inverted fibonacci retracement, but saw it getting very popular on charts recently to model the big Corona drop. If we use this charting method, we do see the price struggled quite a bit to overcome the 0.5 fib level.
After oscillating quite a bit in this rising wedge, we are reaching the point where the price will need to make a decision soon.
A rising wedge is a bearish pattern, so I expect a bearish breakout after reaching still slightly higher. possibly around the 525 level.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!