STELLANTIS (STLAM): Opportunity or crisis? Stellantis CEO Carlos Tavares submitted his resignation to the board of directors chaired by John Elkann, which accepted it. The announcement had come last October that Tavares would lead the carmaker until 2026, helping the company in its search for a new CEO. However, falling profits and the company's collapse on the stock market led the parties to an immediate separation.
The price of Stellantis has fallen by more than 50% over the past year reaching 2022 price levels.
The RSI technical
TGYM - 7 months RECTANGLE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- sin
BMPS - 5 months RECTANGLE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- sin
Stock's Uptrend of UniCredit is in the triangle HI,
UniCredit with its background which means take over or merge of Commerzbank has got a very good fire, fuel to move the its stock higher.
Stock passed all previous levels of resistance even we can think about the first stop on the level of price in field of 53 EUR. It would be incredible achievement.
Please look on the latest news that show that big players - investors are also on the field and are interested that shares have to become more expensive. Please add fact that it all the time i
BGN - 5 months RECTANGLE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- sin
1Long
parallelChannel+Fib0.61: Siemensnice HH-HL forming at monthly level, curent price level is close to HL, 0.61 fib level and at monthly support. seems nice setup to trade with good R:R
1Long
lets make it simple with price actionSince the good entry in the second week of March 2023 price action is respecting the trend line. On friday 29 Sept our position could have been closed if we had a take profit under the volatility stop level (10 lenght 1.5 multiplier) but we should have bought again on Oct 4 2023.
1Long
Orange may be bullish soonThe Orange looks pretty good and the chart shows several bullish signals indicating a potential buy opportunity at the current level (or wait for a pullback if the price gets rejected by 200 SMA), emphasizing the quality of this investment. The chart displays a broad trading range between approximately 9.20 (support, RED zone) and 11.70 (resistance zone). This consolidation zone indicates price stability within this range since 2020. The key support level at 9.20 has acted as a strong support
Dassault Systèmes - make or breakhi traders,
The Dassault Systèmes chart doesn't look bad as the price is at the key support now.
In the past, we saw a significant demand and investor confidence at this price point.
Volume analysis reveals increased trading activity around support levels, suggesting that
investors are accumulating shares at this price.
Our final target is at the 0,786 fib level (around 45 $).
Stoploss: 32,40
Supreme is now European: The World's Fashion Capital ExpandsA certain acquisition caught my attention this week. The company sunglass company Ray-Ban (owned by EssilorLuxottica) has just acquired Supreme for $1.5 billion in their first push into clothing. For those of you who know the street wear brand Supreme, this should come as a rather interesting acquisition, specifically that Supreme is considered a significant brand in the fashion arena.
I have a few thoughts on this:
1. This acquisition underscores the immense value that a strong brand can c
1
New clean green and meanI checked the budget last year and noticed a increase in spending on energy - I do this every couple of years but this year we can see room is being made for the new industries we are evolving...IBM as always takes a high percentage of THIS money, I have watched this game for many years... Ive taken entry @8.6-7 and recently reduced looking to reenter in this area obviously Im not sharing exact entry here - DYOR
1
DIA - 6 months RECTANGLE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- sin
ITALY-MILAN STOCK > ( MONCE ) short ! Based on my graphic analysis I observe a bearish projection reaching minus 7% in the price of this corporation, that is; from € 64 it will drop to € 60. With a buy exit emerging at € 68, it is worth remembering that the exact time the decline will take is unpredictable, the market will simply do its job. We can mention that it will happen within the next 15-20 days from this post!
REFERENCES:
* Green line: emergency exit price: € 68 = -5,7%
* Red line: selling price (position) € 64
* White line
INFINEON TECHInfineon Technologies is not only the largest semiconductor manufacturer in Germany, but it also holds the record for the world's smallest safety chip. This tiny chip, measuring just 0.6 square millimeters, is used in airbags and other critical safety systems in cars. Its small size allows for more compact and efficient designs in vehicles.
Infineon Technologies is a major supplier of semiconductor components and systems to a wide range of leading companies across various industries. Some of t
1Long
PST - 1 year ASCENDING TRIANGLE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- sin























