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Momentum, Growth and Innovation: RHMWe have just added a new position (RHM) to our 'Growth, Momentum and Innovation' portfolio with 11% of total equity. Here is the link to our updated portfolio, which is up > 18% in the last month: www.tradingview.com Technical Analysis According to Minervini’s Principles Trend: Rheinmetall's stock should be evaluated against the major moving averages. Minervini looks for stocks trading above their 50-day and 200-day moving averages to indicate an overall uptrend. If RHM is above these averages and they are sloped upwards, it aligns with Minervini’s criteria for a bullish trend. Price Action: Minervini favors tight price action and volatility contraction. It's key to look for lower volatility and tighter price consolidation before the breakout. This can be seen in the narrowing of the Bollinger Bands or a decrease in daily price range. If your entry corresponds with a breakout from such a consolidation with a definitive move above resistance, this is in line with Minervini’s strategy. Volume: Volume is critical in confirming breakouts. For Minervini, an ideal entry is accompanied by a significant increase in volume, indicating strong institutional buying. If the entry day shows higher volume compared to previous days, particularly if it is 40-50% above the average, it validates the trade entry. Relative Strength: Minervini often emphasizes the importance of relative strength, especially in a weak market. If RHM is outperforming the market and its peers, that would be a positive sign. Entry Point: A proper entry is at the breakout from a sound base pattern. If RHM is breaking out from such a base, ideally after a period of price contraction, and doing so on higher volume, it would be considered a good entry point. Risk Management: Setting a stop loss is crucial. Minervini typically sets stop losses just below the breakout point or a recent swing low to minimize potential losses. Background Information on Rheinmetall AG Rheinmetall AG is a significant player in the automotive and defense industries. They are known for: Defense: Producing military vehicles, weapons, ammunition, and electronics. They are often involved in large contracts with governments around the world. Automotive: Supplying engine systems, pumps, pistons, and other automotive parts to the commercial vehicle and passenger car markets. Market Position: As a leading defense contractor and automotive supplier, Rheinmetall has a strong market position in Europe and significant international presence.
XETR:RHMLong
by JS_TechTrading
2
Zalando: Final Stage 🏁Zalando's stock price retreated last week, so we consider the high of the magenta wave (iv) to have been reached. We therefore locate the price in the last stage of the gray wave II and expect a descent to the green Target Zone between €18.71 and €10.40 before this movement is completed. Long entries could be made here. However, there is also a 30% probable alternative, which would see a further rise should the price exceed the resistance at €26.40.
XETR:ZALLong
by HKCM_Global
MERCEDES-BENZ Long IDEA The stock seems to have support here with a developing cup & handle patten which will target gap close at 61.40 Bullish MACD crossover Buyzone: 57-56 Stoploss: 55 A **Cup and Handle** pattern is a technical chart pattern that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. This pattern is considered a bullish signal, extending an uptrend, and is used to spot opportunities to go long. Here are some key points to consider when detecting cup and handle patterns: - **Length**: Cups with longer and more "U" shaped bottoms provide a stronger signal. Avoid cups with sharp "V" bottoms. - **Depth**: The cup should not be overly deep. Also, handles should form in the top half of the cup pattern. - **Volume**: Volume should decrease as prices decline and remain lower than average in the base of the bowl; it should then increase when the stock begins to make its move higher, back up to test the previous high. The pattern was first described by William J. O'Neil in his 1988 classic book on technical analysis, "How to Make Money in Stocks". The full pattern is complete when price breaks out of this consolidation in the direction of the cup's advance. The price will likely continue in that direction though conservative traders may look for additional confirmation.
XETR:MBGLong
by Trader-Dan
Bayer: Down the hatch! 🍺After Bayer's stock recently tried to break through the support level of €39.91, it has now made another attempt. Whether the stock succeeds in sustainably breaking below this support level - as envisaged in our primary scenario - or whether it needs further impetus in the form of a corrective upward move is irrelevant for the further course of our expectations. We therefore fully expect a sell-off below this level, as we expect the low of the major wave (II) correction underway since 2015 to be around the 78.60 retracement at €30.84. Only once this low is in place do we see Bayer shares making sustainable gains again.
XETR:BAYNShort
by HKCM_Global
1
$BMW on spike with reverse cup and handle.The red line indicates a good resistance spot confirmed by monthly price movements. The arc represents the reverse cup and handle that formed in the daily chart. After a wild downwards move BMW came to a good retest area of the this resistance. A good SHORT position is what i expect. On the other hand this area showed bounces in the past too so it wouldn't be surprising if we see a reversal. But mainly my expectations is within the SHORT side.
XETR:BMWShort
by KaanUralAksu
1
SAP vs. MSFTXETR:SAP shows a strong correlation to NASDAQ:MSFT , which on the surface is not very surprising. But comparing fundamental data and the general company profile can lead to some raised eyebrows. In my view NASDAQ:MSFT appears to be a much stronger company, which should have little problems capitalizing on the current AI hype for growth and also overall has a much more ubiquitous product portfolio. Meanwhile, the ongoing strength in the chart of XETR:SAP appears perplexing and one cannot help but wonder what are the fundamental catalysts for these moves are. My assumption is that SAP is currently simply riding the wave as perceived similarity to MSFT. While SAP has a higher dividend yield it shows much less potential for future growth. Its P/E ratio also appears quite exaggerated. I believe the similarity to MSFT is only skin deep. Unless something fundamentally changes, my hypothesis is that we are due for a correction in $XETR:SAP. Now the RSI on the daily chart indicates overbought conditions, so we can use this opportunity to initiate a medium term short trade. It will be difficult to get the timing right for an put options trade, but we can enter in increments if the trade starts going against us. First price target for taking profits is 120 with a expiration date before earnings in January 2024. If you want to hedge the risk, you could also buy MSFT calls to cover the upside potential.
XETR:SAPShort
by bratenzwerg
2
RHM | Command and Conquer | 1 Buy scenarioOverview Rheinmetall had a great run specially fueled by the war in Ukraine. With an additional crisis forming in the Middle East i can see the price going further up. From a chart point we see that the current resistance (100% Fib Line) was 2 times pierced (yellow circle) but price never really broke it. The Buy zone is based on the confluence of the 50% Fib level and an already engulfed (blue circle) support level that lead to the current ATH / Swinghigh. Target 1: The First big resistance level (S/R Level 1) which stopped this really for quite some time. I would close 50% of the position here. Target 2: Slightly below the former Swinghigh / ATH. The remaining 50% of the position would be closed here Stop- Loss: None (Long- term- holding Invalidation: Price always stay above the buy zone Good luck Disclaimer: - This information does not constitute as financial advice and is only for entertainment purposes. I am not your financial advisor. - You trade entirely at your own risk - Make your own research - Finance and trading is evil, capitalism is bad, duh
XETR:RHMLong
by trader_se
WCH | The chemistry matters | 2 buy scenariosThis is the my second trade idea regarding Wacker Chemie AG (WCH). After the first idea gave a nice ~ +27% gain and as WCH is currently in a strong downtrend, looking for zones to open a new position. Overview WCH is stuck in a range (This is the monthly chart). Breakouts of the range (yellow circles) on either site leads to price moving to the opposite side and usually a retest / fake- out. Scenario 1 (Orange arrow) Requirements : Price falls down to the buy zone (green area). Breaks below the bottom of the range and retakes it. Stop- Loss: None Invalidation: Price breaks below bottom range but doenst retake it Target: Slightly below S/R Level 1 Scenario 2 (Blue arrow) Requirements: Price falls into the buy zone(green area). Generates a reaction (Swinghigh). Price drops but stays above the buy zone. Price Stop- Loss: Price closes on the the monthly below the bottom range Invalidation: Price breaks below bottom range but doenst retake it Target: Slightly below S/R Level 1 Good luck ]Disclaimer: - This information does not constitute as financial advice and is only for entertainment purposes. I am not your financial advisor. - You trade entirely at your own risk - Make your own research - Finance and trading is evil, capitalism is bad, duh
XETR:WCHLong
by trader_se
1.2&1.2 Or Diagonal !Greetings, dear friends. I hope you are having a productive week. With the completion of Wave 1, it's crucial to determine the expected correction percentage for Wave 2. Remember, the strength of Wave 3 is highly dependent on the accuracy of our predictions. Let's make sure we get this right. I want to share my market analysis ideas based on the Elliott Wave Principle with you. I am a fan of this principle and follow all the rules and guidelines for analyzing the market. However, please note that my ideas are based on my personal experience and may change over time. If there is an error in my analysis, I am open to re-analyzing it from the beginning and learning from my mistakes. It's important to understand that making an error in analysis is not a fault, but evading responsibility is. No one can analyze financial markets with 100% accuracy, but it's remarkable how close we can get. We analyze from multiple perspectives to consider all possibilities. Let's mention a few opinions and ideas! Based on mathematics. I am still practicing to understand the Elliott Wave Principle better and hope to provide an even better analysis in the future. Thank you for your continued support, and I look forward to our mutual success. Best regards, Mr. Nobody Keep trying and never give up. Good luck!
TRADEGATE:TL0Long
by Mehdi_Abbasi_EWP