Koninklijke BAM Groep NV. BAMNB. Cup & Handle. BAM has been in an uptrend since Feb 2021. However, in mid-February 2022 a nice dip from € 3.45 to € 2.07, but the uptrend has started again reasonably well.
If the price continues to rise in the coming weeks, we will see a cup & handle pattern and a test on the fibonacci golden pocket.
When this fibonacci is broken, the price can return to € 3.50. And that could be another selling point.
16-04-2022. My 2e TA.
MT: WATCH FOR BREAK OUTArcelorMittal, one of the major steel producers.
This is the weekly chart. After a big double bottom , MT is back at historical resistance around 30-31.
I would watch that level and enter a long swing trade if it breaks 31.
First target would be 40.
Most analysts rate this as a buy with a target at 50.
Trade safe.
ALong
ING Groep About to Drop? ING Groep
Short Term - We look to Sell at 9.90 (stop at 10.24)
Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 10.00, resulting in improved risk/reward. Trading close to the psychological 10.00 level. Price action is forming a bearish flag which has a bias to break to the downside. There is scope for mild buying at the open but gains should be limited.
Our profit targets will be 8.24 and 7.45
Resistance: 10.00 / 11.00 / 13.50
Support: 9
Euronav NV (EURN)Euronav is an international shipping enterprise which focuses on oil transport by sea. On 7 April 2022 there was announced a merger between Euronav and Frontline Ltd. pending regulatory approval and ironing out of the last details. The combination would be based on an exchange ratio of 1.45 shares in Frontline for every Euronav share. Euronav shareholders would own 59% of the merged entity and Frontline shareholders 41%. The merged company would have a market cap of $4.2bn based on 6 April marke
ELong
Danone S.A (BN.pa) bullish scenario:The technical figure Triangle can be found in the French company Danone S.A (BN.pa) at daily chart. Danone S.A. is a multinational food-products corporation based in Paris and founded in Barcelona, Spain. It is listed on Euronext Paris where it is a component of the CAC 40 stock market index. Some of the company's products are branded Dannon in the United States. As of 2018, Danone sold products in 120 markets, and had sales in 2018 of €24.65 billion. In the first half of 2018, 29% of sales came
BNP Paribas Bounce? BNP Paribas
Short Term - We look to Buy at 46.81 (stop at 45.50)
We look to buy dips. Although we remain bearish overall, a correction is possible without impacting the trend lower. Previous support located at 47.00. We look for a temporary move higher.
Our profit targets will be 50.19 and 53.18
Resistance: 55.00 / 60.00 / 68.00
Support: 47.00 / 38.00 / 30.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There i
GLPG.BR completing 3rd wave up off the Dec lowTLDR: targeting 80 if next pull back holds 56.
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Galapagos has gained more than 50% nominally off the Dec '21 low, in a three waves structure.
While running into the 1.618 extension of the green circle i-ii, the technicals are becoming overbought.
With the next earning report within a month, it seems wise to take some profits off the tabel.
Further more, the 65 region also happens to be near:
- an important volume wedge on the weekly ~68 EUR;
- the orange 2.0-2.618 extension, a typical target
Takeaway (TKWY) bullish scenario:The technical figure Triangle can be found in the Dutch company Just Eat Takeaway.com N.V. (TKWY.as) at daily chart. Just Eat Takeaway.com N.V. is a Dutch multinational online food ordering and delivery company based in Amsterdam, Netherlands. It is the parent company of brands including Takeaway.com, Just Eat, SkipTheDishes, Grubhub, and Menulog. Just Eat Takeaway operate various food ordering and delivery platforms, where customers can order food online from restaurants’ menus, and have it del
TLong
Channel breakout TKWY EURONEXT:TKWY
Waiting for further confirmation…. I am curious, what is your sentiment, bullish/bearish?
This is no financial advice…
TLong
Renault to Go Low? Renault - Short Term - We look to Sell at 25.49 (stop at 26.70)
Price action is forming a bearish flag which has a bias to break to the downside. Bespoke resistance is located at 25.50. Our overall sentiment remains bearish looking for lower levels. The bias is still for lower levels and we look for any gains to be limited. We look to sell rallies.
Our profit targets will be 21.22 and 19.51
Resistance: 25.50 / 29.00 / 35.00
Support: 21.00 / 20.00 / 15.00
Disclaimer – Saxo Bank Group
Careful LONG GLPGI've been following this tock for quit some time. Seeing it fall and many people calling to go LONG, only to fall even further. The cash position alone equals 80 share price. Fundamental Mumbo Jumbo. The chart had much more downside to go.
Now we have a potential bottom forming. The RSI is oversold on the Weekly & monthly levels & looks to tackle the Averages. Altough it did break an important level, this might be 'overextending' and will return soon.
This is still too early to call BULL. But I
ASML BARR Bump & Run Reversal1D Chart: Normal candle.
On the day we look at the course of the Bump & Run compared to the previous TA. ( )
This is because we are on the verge of claiming or being rejected as the price is now on the “Lead-In line”.
This Friday will probably play a role in that, if the bulls really claim this, the RUN can be used.
What is also interesting on the day chart? Is that when the EMA crosses 26 on the EMA 50 a Mini Golden Cross occurs which is the beginning of bullish momentum. Of course, the EMA
ASML BARR + Broadening descending wedge1D Chart: Normal candle.
On the day we look at the course of the Bump & Run compared to the previous TA. ( )
This is because we are on the verge of claiming or being rejected as the price is now on the “Lead-In line”.
This Friday will probably play a role in that, if the bulls really claim this, the RUN can be used.
What is also interesting on the day chart? Is that when the EMA crosses 26 on the EMA 50 a Mini Golden Cross occurs which is the beginning of bullish momentum. Of course, the EMA























