CON on XERT, BUY.This level sits inside the Weekly Demand which was responsible for the ending of the Weekly upward momentum.
CONA trade ideas
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 - 64.80 zone ( Current Inverse H&S pattern support zone ) where conditions for perfect LONG entry occur.
Take-Profit should be set within High resistance zone 114.50 - 139.30
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 €115.
My Favorite Setup1. Breakout resistance zone with gap on earnings day.
2. Confirmation of resistance turning into support.
3. Fly to next support zone.
* 𝗧𝗵𝗲 𝗶𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝘀𝗵𝗮𝗿𝗲𝗱 𝗶𝗻 𝘁𝗵𝗶𝘀 𝗽𝗼𝘀𝘁 𝗶𝘀 𝗻𝗼𝘁 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗮𝗱𝘃𝗶𝗰𝗲. 𝗔𝗹𝘄𝗮𝘆𝘀 𝗰𝗼𝗻𝗱𝘂𝗰𝘁 𝘆𝗼𝘂𝗿 𝗼𝘄𝗻 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗮𝗻𝗱 𝗿𝗲𝘀𝗲𝗮𝗿𝗰𝗵.
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...
CON (DAX) - EW analysis - ABC zigzag cycleCON - It is about to finish the 5th wave of C within ABC zigzag cycle up (or it may be 3rd wave of impulse cycle). One minor up cycle will probably end the cycle and thereafter correction down expected, which will reveal the next higher time frame cycle.
Give thumbs up if you really like the trade idea/analysis.
Continental: shortHello People,
Continental is located in a correction. Wave a ist finished at the 38 Fibo. Wave b is traded
May the force be with you.
Continental Long ( take care of your car ) Conti is a company that has 2 factories in my hometown.
They are giving a lot of jobs to many people. I market down the areas where I might add LONG to this trade.
They will surely get a bailout if they get in trouble because of the number of jobs they give and the number of suppliers they work with. Plus they have a really good quality product. ( Tires )
Apart from tires they also make car parts and electronics, so if the car market gets back to business, this stock will surely jump back up ( at least to 100 - or more )
CONTINENTAL (CON) | Old Strong Resistance Level Becomes Support.Hi,
Continental Aktiengesellschaft (CON) develops products, systems, and services for customers in various industries worldwide. The company operates through Chassis & Safety, Powertrain, Interior, Tires, and ContiTech segments.
The undervalued stock price will indicate an increase from $90-$100:
1) Old clean resistance levels start to act as a support level.
2) Monthly 200 Moving Average should act as a support level.
3) The round number $100 adding strength to the marked area.
4) Fibonacci Retracement 62%.
5) The minor trendline should work as a support level.
6) Slight RSI DIvergence.
Definitely, do your own fundamental research and if this matching with my technical analysis viewpoints then you are ready to go! If it doesn't match then...skip it!!
Good luck,
Vaido
CON upHi Guys, i think the chances for a longterm bullish setup here are quiet good. Bounced of longterm Fib-Retracement 61.8. Broken bearish trendlines, retesting them.
Possible 5th Elliot-Wave completed. Possible H&S forming. Longterm Mid-Trend-Channel-Resistance hit several times. Good Luck
Long Bull Eliot in Continental Repeating Eliot in continental stock. Bulls are coming long. Eliot in red color, copy and paste.
Continental: the night is long and full of divergences As of now continental is going 153ish. If it finds enough power it could go as high as 162 in this run.
Buy opportunity: Continental (CON), wait for MACD buy signalCON had a huge drop recently. As a result RSI is in the oversold zone, and MACD will give buy signal soon.
P/E RATIO: 10.30 (considered low comparing to DAX index average P/E ratio)
Entry strategy: wait for bullish candle which cross the 163 price. Maybe we will need to wait a couple of days to see that confirmation candle on the chart.
SL: 152 (-6.7%)
TP: 181 (+11%)
Bullish H&S ahead!Can conti break the sideways-range? The Level between 196-205 is hard to beat...but if.... :-)
Waiting für the BO!
CONTINENTAL AG ...closing above resistanceuptrend...........two big bullish candle....candle closure above resistance ....enter to buy after closing above 208 on H1 time frame
continental ag....buyingin my strategy breakout and passing out of a major pivot is the beat sign for trend changing ...
uptrend...
nice candle and closing above trend line ....
triggered ...buy
sl =195
i dont set tp but if you are short trader so 206 is good
