POLAND - WIG20 - ALLEGRO going UP soon (MID THERM)Im watching this asset few months now with all its latest ups and downs. There is my trading plan for near future. Based on Elliot waves theory and Wyckoff accumulation schematic i think that we are see higher tops soon.
Elliot: Currently in the beginning of third impulse wave. Second wave ended at 0.618 of first wave.
Wyckoff: End of phase C / beginning of phase D
First target 38-39 PLN
Second target 42-45 PLN
Third target (end of 3rd impulse wave) 49-52 PLN.
Let me know what you think i
GPW Budimex, long after a pull backPrice action (top chart):
The chart shows higher highs, indicated by the upward red arrows and pink trendline across the candle peaks.
RSI indicator (bottom chart):
The RSI (Relative Strength Index) shows lower highs, marked by a descending pink trendline.
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This pattern is called a bearish divergence, where this can sometimes signal a potential reversal or slowdown in the uptrend.
Besides we are nearing the 660-670 which seems an important price resistance where you can see the selling.
I woul
Toya LongLower low after double bottom with high volume, finally ready to fly on this one.
We did reach 0.5 Fibo with strong resistance in August and now 0.382 is resisting sellers for prolonged time.
We will go to higher band of the channel, while actually finalising a flag pattern.
We will enter 10.0 and then get a trailing stop, any pullback after reaching 10.0 is our take profit.
Getting below 7.0 invalidates the idea, because we have no lower low on resisting 0.382 then.
CCC long ideaOne can say CCC is a bit overbought at the moment, but after todays announcement of the CEO about the future outlook and the predictions for 2025 I see this pullback as a good place to enter, and its on the bottom line of Overbalance. I will buy for half of the package, and then if it downgades more, I will average buying more.
CLong
JSW - many opportunities to nice growth.Hello, I've been looking at what people are writing on the internet about JSW recently and it's hard not to get the impression that some investors are dreaming of growth. Some are really pushing for growth.
From the point of view of technical analysis, the price must break through the share price at PLN 33. It would be best if it made a megaphone pattern like in 2020 - PLN 21 - 28 - 40. Then we could talk about a trend reversal.
I'll just say this from the perspective of a player who made mone
CD ProjektWake the F up Samurai, We have a money to burn!
CD Projekt is a Polish video game developer, publisher and distributor based in Warsaw, founded in May 1994
most people and investors think investing in Metaverse means you should only buy Meta stock but Metaverse already here and big gaming companies are leading it
CD Projekt's three year median payout ratio is a pretty moderate 45%, meaning the company retains 55% of its income. So it seems that CDR is reinvesting efficiently in a way that it see
DNP Long PositionOverall DNP was in the macro uptrend, however recently the head and shoulders pattern played out and the major upsloping support line was broken.
The technical target for head and shoulders patterns has been reached and now the price is sitting on the major horizontal support. We are expecting a temporary bounce towards the previous upsloping support the is expected to be resistance now.
Our entry, target and stop loss are shown on the chart.
GLong
Original and Current RCA: A Cautionary Tale.This is a chart of the current RCA and inlayed is a chart of the 1929 RCA.
Firstly, we should take a moment to establish just how incredible and innovative a company the original RCA was. If you're not interested in this, jump the line break where we'll cover the infamous RCA pump and dump (Perhaps the famous pump and dump in history).
Who Were RCA and What Did They Do
The year 1929 marked a significant milestone in the history of technology and broadcasting with the introduction of the
R
CDPR LongsI used Fibo lines to corretction im expecting right now. I Think we could double bottom or mark 0.886 fibo of last bottom.
Currently Polish companies recoomend geting into long position. I have many long from 100pln and the lower we go i plan to long more.
Diffrent countries companies alredy have short with 90pln lvl, and i think this is what happen before we go up. Anyway next game will come in like next 3-4 years so we need 2 years for materials, trailers etc. This years we wil dont have ne
PKNORLEN: Momentum Over, Downfall Ahead
Title:
PKNORLEN: Momentum Over, Downfall Ahead
Analysis:
Hello Traders,
PKNORLEN has experienced a shift in momentum, signaling a potential downturn ahead.
$WSE:PKN
Volume and Momentum Analysis:
Recent volume patterns suggest a decrease in market activity and weakening confidence in PKNORLEN 's price movement. This decline in volume aligns with the diminishing momentum, indicating a possible end to the uptrend.
Technical Analysis:
The price action shows signs of exhaustion,























