Does COLRUYT makes a rotation here, Are we going to gain the last high here and make rotation, or are we ready to take suffering retailer COLRUYT some more. After gaining I am willing to pick a position on a Higher Low , ...
At the moment looks like we are rejecting, going to hold my attention on COLRUYT.
Alfen May Collapse SoonThis chart could be a perfect example of why you should use caution when dealing with a volatile price chart. We’ve seen this with Bitcoin recently: The price goes up in a steady line, maybe in a parabolic fashion, before the trend weakens.
A slowing down of a trend is not necessarily bad. For example: the price went up almost 30% between the first and the last sell signal (the ones at the top). However, it is clear that the price is struggling making more convincing highs.
However, be cautiou
LVMH BEARS ARE WAKING UP !"Companies like LVMH have high quality businesses, they compound profits over long periods of time and deliver great returns for shareholders," said Mark Denham, head of European equities at French asset manager Carmignac.
"It is true that the ratings of these companies have risen so it becomes slightly more asymmetric, but over the long term earnings compounding is the dominant factor.”
Aside from all above the ticket ti get into this market is getting way higher than it's value therefore a d
Sanofi S.A. (SAN.pa) bearish scenario:The technical figure Channel Up can be found in the daily chart in the French company Sanofi S.A. (SAN.pa). Sanofi S.A. is a French multinational pharmaceutical and healthcare company. Sanofi engages in the research and development, manufacturing and marketing of pharmacological products, principally in the prescription market, but the firm also develops over-the-counter medications. The corporation covers seven major therapeutic areas: cardiovascular, central nervous system, diabetes, internal
OR: wait for a pull-back and then re-enterLike the classical Elliott wave count that is unfolding.
The current impulse wave 1 might be matured and one can expect a pull-back to 332 - wave 2.
Then the bullish trend will resume up to 470.
Technical rating: medium and wait for the price action to develop further.
Key levels for SANOFIThe algorithm is showing a very profitable pattern in SANOFI.
First, if the price breaks up we have a clear rally until the top of the channel with a tight stop loss slightly below the break point.
On the other hand, if the market is moving down, we should see a break to the downside of the channel, then an easy break of the support and the blue line would be the last support before we see a major correction to 83$, where 3 different patterns are pointing out as a clear support area where dema
Double bottom in Credit AgricoleThe algorithm shows an opportunity to buy credit agricole if the double bottom pattern breaks.
The double bottom pattern is a bullish reversal pattern that appears on a chart as two distinct bottoms at roughly the same price level, separated by a peak in between. The pattern is formed when the price of an asset falls to a support level, bounces back up, falls back down to the same support level, and then bounces back up again. This pattern is considered bullish because it suggests that the asse
Rising triangle in anticipation of accelerated approval of FDAPharming has received acceptance from both the EMA and FDA for the accelerated review of leniolisib. The new drug is anticipated to generate significantly more revenue compared to its current profitable drug Ruconest. While the company has been profitable for the past years, it needed to find new sources of income to be able to grow the value of the company. The end of 23Q1 will be crucial for shareholders, who would love to see acceptance from both EMA and FDA. Targets of 3-5 euro per share are























