RI - 3M - Pernod Ricard MacroHi guys,
Macro view on Pernod Ricard
Hard to tell the shape of the correction for now.
Could be either a zigzag or a flat ...
let's see how it goes in the next months.
Like for support :)
ASML Swing Trade - ShortFor my first trade of the year, I will take a stab at ASML.
The share has failed to break through an established resistance (red line), and MACD and price action suggest a bearish move. My profit target is 608, close to the next support I identified (green line). My stop will be just over the resistance line, resulting in a 2R target for this trade.
Happy New Year, fellow traders! Let's go!
Short
Long
ARKEMAArkema - monthly
There is a chance of rallying prices after closing the former gaps on downside. W-X-Y pattern which intends a long lasting correction. The gaps are mentioned in red. Otherwise, there is a minimum target at 40,62 EUR.
Heineken Missing Right Shoulder Bullish div on 1D MSR bullish div
Bullish div on 6 indicators I check:
MACD-H EFI mLines ATR price div EFI ATR div Stoch RSI
V1 buy trigger as well, and turning up now, impuls on 4H chart even green
Even V1 buy trigger on weekly, and diverging bottom on weekly as well.
TP1
70,89
TP2:
71,66
Entry:
69,1
SL
68,04
Trade #00005
Long
Bullish div on 1D ABN AMROEntry: 14.595
Exit: 14.99
SL: 14.39
Bullish div MACD-H, not EFI, after long bar down it pulls up now. -1 ATR being kept as support. sRSI bullish.
Trade #00002
Long
[GLE] French Bank StockFirst time I am really interested by a banking stock and even more on this one after the 2008 crisis.
Here I want to see a big breakout of the weekly resistance level, this can then lead to a huge rally for the up side with 50€ as big target.
We have to manage the trade in case the break doesn't happen and we see some reversal short ... then a short swing can become a great idea
Great Trade !
Long
[SAF] French Stock ReversalOn this very strong French Stock I waited this level for a long time and it has been my main profit level from years ago. Now I am looking for a corrective move to then enter back on it for the long terme.
I am now trying to play the short side of the correction on the TLB anticipation. This is my first entry and try, let's see next week if I have to adapt and modify my entry point to re-enter later ... strong conviction on this one.
Great Trade !
Short
[CAP] French Stock InvestmentStarting to build my long position on this strong French Stock.
My first target is the historical high and we will manage the position above the watching levels.
Great Trade !
Long
[AI] Air Liquide French Stock InvestmentBuilding an investment position on Air Liquide on this level.
I wanted to wait more near 150€ but start to feel some reversal momentum so I anticipate a little bit my first entries to this level.
Great Trade !
Long
[RNO] H&S Renault French Stock InvestmentAfter my previous entries on this French Stock, I now continue to load more on a Reversal H&S pattern for long investment opportunity.
My investment exit price will be arount 200€ for this stock.
Great Trade !
Long
ALFEN in 600% rally to 60 euro? ** investment opportunity - European stock! **
A focus on European stocks for a change. The US stock market is becoming increasingly overbought with opportunities few and far between for long term investors. A look overseas provides some attractive opportunities.
As Europe transitions towards greener electricity generation so does the demand for infrastructure. One such company seeking to meet that demand is Netherlands based company ALFEN, which:
“engages in the development, production, and
Long
TKWY: Dip in January from 13.73 to 12.20The price dips slightly around October and January. End of summer-related consumption, which may impact Just Eat's revenue.And, in the beginning of the year, people tighten their belts due to high spending in December
TShort
Setup in StellantisSTLAP in reversal zone.
If market is bullish on Monday, we could expect it to reach at least €14,80.
Long
ASML RISING: Weekly MACD cross up, daily EMA 34/20 cross up.After a clear double bottom AND ASML being the MOST OVERSOLD EVER in the history of this stock, we have a nice +/- 10% upside opportunity on the swing up, with very attractive risk reward ratio (depending on where you anchor your stops but I leave that to you).
Daily chart has showed us a lot of bullish divergence over the past weeks and it's clear traders have been loading up on cheap ASML shares while this unique opportunity presented itself and this has slowly exhausted the sellers over the
Long
ASML range bound in from 620 to 670. ASML has biggest volume at range 645 to 665. I posit that until ASML can break 675 we won't see the next level. Given the news that Biden won't levy strict tarrifs on TSMC, this is positive for ASML as well and I think in December we will see ASMl go above 700. Let's wait for the reversal confirmation though.
Long
Going Long on ASMLOversold on monthly chart. Seeing buy opportunity here. Fib 0.618 and MA50 supporting the sp resulting a 2 months bounce here.
Long
Little bull call spread on StellantisI believe we are in the end of an accumulation. We had bad news lately about this company and his CEO. I don't want to own the stock, specially in this part of the economic cycle. This is purely a speculative trade.
There is a divergence in the awesome oscillator marking a possible end of the bear trend and right after, a period of low volatility characteristic of accumulations as we can see in the multiple historical volatility oscillator below. A spring a few days ago confirmed there were str
Long
ASML BullishASML's technical outlook is bullish, with the first target at $750.
1.The price is supported by the 200-day moving average.
2.It is breaking out of a converging triangle pattern formed during the pullback.
3.A double bottom has formed on the daily chart.
TP:750/850/1000
Long
Ready to take off.I think NYSE:STLA is ready to take off. From May 2024, NYSE:STLA has break though the first channel which was oscillating from end of July. The second channel is from end of April. NYSE:STLA is close to break through it. And lastly the thirds channel which is from first of October.
It also reached its bottom at 11.73 ( lowest level from November 2020).
I think we will have a slow run.
Bullish on this one.
I set my sell limit at 11 euros.
Long
MC - Louis Voutton - Buy idea - Dont miss it!!!Dear traders,
it is time to open positions and dont miss this opportunity, buy it and hold it until 750 as a first target and 900 as the second one. It is a stock clearly affected by decrease of the Chinese demand.
Best,
Long
PROSUS is one of the most interesting EU stocks (+30%)🟢 PROSUS is one of the most interesting EU stocks (+30%)
EURONEXT:PRX is one of the most interesting stocks in the EU, investing in small projects with large potential and also some consolidated projects like tencent.
✅ What pattern is unfolding in EURONEXT:PRX ?
PRX traded over a previous resistance level (big blue line) and now we are see a pullback to the previous resistance.
💰 How to trade this chart pattern?
Buying near the blue support is a very good idea because you can have
Long
easy play on ASMLI’ve been closely monitoring the monthly chart of ASML Holding (Euronext) and have identified a compelling setup that aligns with my long-term strategy. Previously, I shared an idea on TradingView with an ambitious $1200 price target, based on the stock’s strong long-term uptrend and solid fundamentals. However, upon further analysis, I’ve identified an internal trendline, which provides additional clarity and reinforces my bullish outlook. Interestingly, a similar internal trendline has been ob
Long