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First target: Recent swing low. After that, who knowsNot financial advice. I’m not a financial advisor. I’m learning to trade. Learn to trade! Like I said on 27th Jan. Future is not looking so bright. I wish safety, health and well being to you and your families. ✌️❤️🙏 Regarding this trade opportunity. We already broke down out of this possible bear flag and have come back up and retested (QE infinity and beyond) Who knows, with short term news we could retest again and form divergence for an obvious sell signal but....... future is (s&p/Dow/nasdaq) not looking so bright. Check out bitcoins possible future moves in ‘related ideas’ below. Fractal is 40% complete If you liked. Leave a like.
MIL:1NFLXShort
by Thinkorsink
The Ronaldo trade- Juventus FCThe Italian Football Federation has announced that for a period of one month, all Seri A games are to be played behind closed doors (no fans allowed) as a precautionary measure to prevent any further spread of the Covid-19 Virus. Well the share has reacted and has now been caught offside and dropped to levels last seen in 2018. My logic tells me that if teams played once week, then the shut down would only last for 4 games. Logic also tells me that football starved fans across Italy would flood back into stadia in early April and Juventus fans will soon be able to watch Christiano Ronaldo live in action. Just like a football, I think this price will bounce of the support level created in October 2018. I'd be looking to buy BIT:JUVE at 0.85 Euro cents (or better) for a volley back up to 1.10 Euro (resistance level) and score 29% gain. Place a stop loss just below support at 0.78 Euro cents
MIL:JUVELong
by RobbyP
6000 employees cut from UnicreditAnother bank, the same story "The Italian bank may lose as many as 10,000 staff in a new strategic plan." It just proves that the banking sector continues to suffer... only a few will survive. For that, they need to restructure and optimize the service. UniCredit joins other large European banks slashing costs and reducing job numbers as they seek to adapt to low-interest rates that make it harder for lenders to increase revenue. Deutsche Bank AG plans to cut 18,000 positions in a sweeping overhaul, while Societe Generale SA in April announced plans to cut 1,600 jobs globally and exit capital-intensive businesses.
MIL:UCG
by Market_Referee
Short Luxury - Is the mkt too complacent on CoronaVIs the market too complacent on Conorona Virus?: the market anticipates, the crisis is only temporary and should soon be behind us. It will be important monitor the evolution of infected cases and other headlines on suspended activities in China (closed shops, airport traffic etc…). Further deterioration of the situation could change the market belief. LVMH retraced 61.8% of the fall provides a selling opportunity. Asia ex Japan is 30% of LVMH top line, while Japan is 7%. 20% of Asian sales of LVMH are at airports
MIL:1MCShort
by AndreasRuhlmann
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