Growth?!Don't sleep, make money, wolves🔥
There is an ascending triangle on REP (REPSOL) stock. There was a huge growth of the price (bullish trend) before. According to Elliott Waves theory the price was standing on Wave D. However possibly it became circumcised triangle and price broke resistance zone.
Waiting for possible retest of this zone and enter into the trade.
Follow the chart and look for the confirmations carefully.
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AI: Bearish bat pattern but longterm trend upwardsWhat should we do? Wait until it reaches 0.20? Or obey this harmonic pattern that may lead the way in the coming days? Maybe, in the psychological mindset of the investors that put money in this company there exists the thought of a +100% revaluation until January or February. Besides, the company has been recently included in the Ibex Small Cap index.
H4 Bearish #batpattern on its way?Looks like BBVA has hold still surpassing 4.37 resistance level this friday closing. In the short term, on February 12 we could see BBVA reach 5€ level and drop back down to 4.37€ again due to the bearish bat pattern that could have been shaped in the background. So long term technical perspective is bearish. However, keep in mind that BBVA plans to buyback 10% of its floating capital using the $9700 million it got from selling its USA business in Nov 2020. BBVA has also abandoned merging plans
Amadeus may retest Weekly EMA200I see volume is decreasing, has already surpassed last suport and I see a probable retest of the weekly EMA200 that even is at the same prace of the Weekly EMA 9.
This could only be plaussible if we are not talking about a fake break of the 57,94 suport.
I expect price to bounce on EMA200 :)
Let's see if I'm right!
ACX1 bearish scenario:✨✨✨Technical outlook:
ACX1 bearish scenario:
We have technical figure Triangle in Spanish company Acerinox, S.A. (ACX1) at daily chart. Acerinox, S.A. is a stainless steel manufacturing conglomerate group based in Spain. As for 2008, the company was the world's largest producer of stainless steel. The Triangle has broken through the support line at 09/12/2020, if the price holds below this level we can have possible bearish price movement with forecast for the next 8 days towards 7.998 EUR. Our
ACX1 bearish scenario:ACX1 bearish scenario:
We have technical figure Triangle in Spanish company Acerinox, S.A. (ACX1) at daily chart. Acerinox, S.A. is a stainless steel manufacturing conglomerate group based in Spain. As for 2008, the company was the world's largest producer of stainless steel. The Triangle has broken through the support line at 09/12/2020, if the price holds below this level we can have possible bearish price movement with forecast for the next 8 days towards 7.998 EUR. Our stop loss order should
SACYR in front of major resistance/ en resistencia historicaSacyr closed on friday really close to historical resistance after a rally that started in 1.40s for almost 50% upside. With christmas approaching to markets and everything going up it wouldn't be suprise the typical december retrace taking this one 2 fib levels down to 1.69 before seriously trying to break that resistance.
Sacyr cerro el viernes muy cerca de una resistencia historica en torno a 2.1e por acción despueés de un rally q empezo en torno a 1,4 euros para casi un 50% de revalorizacio























