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Buying DHER at 0.786 pullback.Delivery Hero - 30d expiry - We look to Buy at 31.66 (stop at 29.69) We have a 78.6% Fibonacci pullback level of 31.00 from 23.88 to 57.16. Levels below 32 continue to attract buyers. The primary trend remains bearish. A higher correction is expected. Support is located at 31 and should stem dips to this area. Our profit targets will be 36.58 and 37.58 Resistance: 46.91 / 50.00 / 53.00 Support: 42.00 / 39.00 / 36.50 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
XETR:DHERLong
by Saxo
Lufthansa to stop flying?Lufthansa - 30d expiry - We look to Sell a break of 7.088 (stop at 7.422) We are trading at overbought extremes. Bearish divergence is expected to cap gains. The primary trend remains bearish. Price action has posted a Doji candle and signals a possible reversal of the recent trend. A higher correction is expected. A break of the recent low at 7.127 should result in a further move lower. Our profit targets will be 6.253 and 6.053 Resistance: 7.250 / 7.420 / 7.500 Support: 7.200 / 7.000 / 6.800 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
XETR:LHAShort
by Saxo
Bayer continues to hold back the bulls.Bayer AG - 30d expiry - We look to Sell at 54.48 (stop at 56.11) Daily signals are bearish. 54.50 continues to hold back the bulls. Bespoke resistance is located at 54.50. Preferred trade is to sell into rallies. The bearish engulfing candle on the daily chart is negative for sentiment. Our profit targets will be 50.41 and 49.41 Resistance: 52.00 / 53.20 / 54.50 Support: 49.50 / 48.50 / 47.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
XETR:BAYNShort
by Saxo
VAR1 bearishTwo quotes occured to me, if I checked this chart: 1. Jesse L. Livermore: One of the greatest mistakes inexperienced investors make is in buying cheap securities just because they are selling at a low price. - "Jesse Livermores Methodes of trading in stocks" Richard Wyckoff 2. Stan Weinstein: A very common mistake made by amateur technicians (and, suprisingly, even by some professionals who should know better) is to buy when a stock breaks out above its base even though it is still beloww its declining 30-week MA. This is not a stock that you want to purchase, since it is not yet ready to start a sustainable advance. There is a psoitive divergene on the RSI, so I think the last volume based support zone is going to hold. Although the declining trend lasts about a year so a proper base building needs minimum 3 or 4 months!
XETR:VAR1Short
by HAttilaH
PUMA DOWN? (delisted from main index DAX / DEU40 today)The stock was delisted from the main german stock index DAX (DEU40 / GER40), taking effect on Dec 19, 2022. I will sell the stock if the candle CLOSES below the down trend line on daily basis, using a (european) knock out certificate. It's a kind of short selling in the US. On Friday 16, the volume got extremely high which let me think of an exhaustion of the bulls. THIS IS NOT A TRADING ADVISE! DON'T TRADE IT. IT'S JUST AN IDEA WHAT COULD HAPPEN. ALWAYS MAKE YOUR OWN DECISIONS! YOU ARE SOLELY RESPONSABLE FOR YOUR DECISIONS.
XETR:PUMShort
by TraderXLII
2
Will Volkswagen earnings satisfy?Volkswagen - 30d expiry- We look to Buy a break of 134.02 (stop at 127.96) We are trading at oversold extremes. This stock has seen good sales growth. Posted a Double Bottom formation. A break of the recent high at 133.46 should result in a further move higher. The bias is to break to the upside. Our profit targets will be 149.48 and 157.48 Resistance: 133 / 140 / 150 Support: 127 / 120 / 115 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
XETR:VOW3Long
by Saxo
Special Dividend upcomingFollowing the IPO of Porsche in October, Volkswagen will propose a special dividend to its shareholders at the Extraordinary AGM on 16th of December. The special dividend is in the amount of 19.06 EUR per share (ordinary or preference). In my opinion this special dividend, in combination with Volkswagen's current valuation, is an excellent way to get some short term yield on this stock. Given the current share price (just under 140 EUR), the special dividend will provide share holders an instant yield of around 13.5% (gross). Of course, the share will drop as a result of the dividend at the ex-dividend date. With the current share price it's expected to drop to a level around 120 EUR, which is near recent lows. At 120 EUR Volkswagen is trading just over a P/E ratio of 4. Hence, downside risks seem to be limited, even with a macro-economic downturn ahead. I'll be adding to my current long position in the next couple of days to pick up the special dividend.
XETR:VOW3Long
by Spijk
BASF N (BAS.de) bearish scenario:The technical figure Triangle can be found in the daily chart of the German company BASF SE (BAS.de). BASF SE is a German multinational chemical company and the largest chemical producer in the world. The BASF Group comprises subsidiaries and joint ventures in more than 80 countries and operates six integrated production sites and 390 other production sites in Europe, Asia, Australia, the Americas and Africa. BASF has customers in over 190 countries and supplies products to a wide variety of industries. The Triangle broke through the support line on 29/11/2022. If the price holds below this level, you can have a possible bearish price movement with a forecast for the next 6 days towards 46.36 EUR. Your stop-loss order, according to experts, should be placed at 49.96 EUR if you decide to enter this position. German chemicals giant BASF said it would downsize permanently in Europe, kindling concerns that persistently high energy prices could lead to a deindustrialization of the continent. The company will slash costs in Europe by 500 million euros, or $501 million, annually up to 2024, focusing on cost savings in non-production units in its operating, service and R&D divisions as well as in its corporate headquarters. The company said that in the first nine months this year, gas costs at its European sites were about €2.2 billion higher than a year earlier. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
XETR:BASShort
by legacyFXofficial