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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 sale of products, systems and services related to the electricity grid. It focuses on smart grid solutions, electronic vehicle charging equipment, and energy storage systems for businesses.” The TA: On the above 4 day chart price action has corrected 90% since August 2022, a number of reasons now exist to consider an investment in this micro stock. They include: 1) Price action and RSI resistance breakouts. 2) Price action on legacy support (see monthly chart below). 3) Regular bullish divergence. Multiple oscillators print positive divergence with price action. 4) The 60 euro range is 1st significant resistance upon legacy support confirmation. Is it possible price action continues correcting? Sure. It is probable? No. Ww Type: Investment Risk: You decide Timeframe for long: Remainder of 2024 Return: 500-600% Stop loss: Elsewhere Monthly support
EURONEXT:ALFENLong
by without_worries
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 past month, making it ripe for a jump. ASML is ready for a major run up. What I like about this setup is that even if I am wrong about the mid-long term of this move. I capitalize on the short term momentum of the move with minimal exposure to risk. This stock is volatile and I take that into consideration when trading it. I am no expert and none of this is advice, just sharing how I see things, trade at your own risk. Wish you good luck and good fortune!
EURONEXT:ASMLLong
by STATICERROR
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 strong buyers. Now we are against the trendline. So, I believe it's cheap (from ~€25 went down to ~€12,50) and it should make a bullish move shortly. Strategy: Bull call spread Expiration: 17 JAN 2025 (45 days to expiration) Legs = +2 calls 13 and -2 calls 14 Premium = 0.27 * 100 stocks * 2 q per leg = €54 Max gain= €146 Risk / Reward = 2.7 Commissions= €1.5 (only open) Break-even = From 13.27 (lower call + premium) Historical Volatility (45 days) = 35,85% Implicit Volatility = ~31% In English: If the underlying (the stock) arrives at 13.27 I start earning money. If it gets to 14 or if it surpasses this price, I get to the max reward. I can lose at the most €54 + commisions even if the stock goes to €1. The blue lines in the chart represent Breakeven, Max reward price and Expiration so I can follow the underlying. Now it's time to follow the DOM for each option. I hope this process of thought helps you in your trades, specially if you are now to options.
EURONEXT:STLAPLong
by NicolasRZ
Alfen longAlfen, a Dutch company with a lot of potential. When it crashed 90% it got my attention again. It is back to where it was in 2018/2019. Although the price falls, the RSI rises. I also see a price cap on the daily timeframe, approximately between 21-32 euros. I wouldn't be surprised if Alfen starts to skyrocket now. I keep graphs, but more on a macro level (timeframes of decades). I noticed this by chance and it seems interesting, also because I think that car charging stations and energy storage will become interesting in the coming years. Note: I am not a trader or anything like that!
EURONEXT:ALFENLong
by Krijgsman
1
ASML - Downtrend & Push backTREND According to the current wave structure, it is in the downtrend. Characteristically, it is used to create pull and push backs after support/resistance breakout. So we can expect similar behavior now. It has not formed a channel yet, but a probable channel can be estimated as on the chart. Moving Averages The current price is under 100-day (Turquoise) (so supports downtrend) 50-day (Orange) will most likely cross 100-day (Turquoise) from up to down (powerful indicator supporting downtrend) in two weeks, unless prices exceeds 50-day. 200-day (Blue) has just worked as a support, but the next momentum is expected to be more powerful resulting a potential breakout of 200-day support. SUMMARY Based on this analysis, a price action following the blue arrow is highly probable.
EURONEXT:ASMLShort
by EmreSrn
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 a potential of up 6 times your risk (30% benefits vs 5% risk) If not, buying over the next green resistance could be a nice option because is a signal of bullish sentiment and then we will not see the price near the blue line. If you buy there, adjust the stop! 🛡️ The risk management strategy As we have done in so many previous ideas, remember you can split the position in 2. - 50% of the position in a take profits, at least, as large as your stop loss (adapt SL and this 1st TP to local supports/resistance levels). In this case, a 7% TP for 5% SL (see the chart) - 50% of the position to a price as large as the previous pattern, which would mean a profit of 30%. ✴️ ENJOY AND FOLLOW for more 😊
EURONEXT:PRXLong
by TopChartPatterns
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 observed in other stocks like Super Micro Computer, further validating this structure. Technical Analysis: Primary Uptrend: ASML is in a well-established long-term uptrend, confirmed by the primary ascending trendline connecting historical lows since 2012. This line showcases the structural strength of the stock and consistent investor confidence. Internal Trendline Confirmation: The recently identified internal trendline connects intermediate lows formed during price retracements, indicating a temporary slowdown in growth while maintaining an overall bullish structure. This internal trendline has previously acted as dynamic support, suggesting it may serve as a critical reference point for future price action. Key Price Levels: The current price (631.5 EUR) sits near a confluence zone between horizontal support and the internal trendline. This presents a strong entry point for a long position with an attractive risk/reward ratio. Significant support has been identified around the 600 EUR level, reinforcing my confidence in a potential price rebound. Long-Term Price Target: My long-term price target remains at $1200, which I believe is achievable as the stock continues to respect its bullish trend. This target aligns with ASML’s historical growth trajectory and the robust potential of the tech sector. Entry Timing: The recent bounce off the internal trendline and the +1.66% daily gain signal positive accumulation and increased buying interest. I plan to go long now, taking advantage of the dynamic support, with a stop loss set just below 590 EUR to manage risk effectively. ASML Holding offers a compelling investment opportunity, supported by a solid technical structure and clear bullish potential. The internal trendline, combined with horizontal support and the broader long-term uptrend, strengthens my confidence in entering a long position. With a $1200 target and a well-defined risk management plan, I believe this is the right time to position for the next leg up in this stock.
EURONEXT:ASMLLong
by TheAverageTrader00
7