VOW trade ideas
VOWD VOLKSWAGEN ANALYSISVOWD VOLKSWAGEN ANALYSIS
It seems Volkswagen is still in a corrective wave pattern, no triggers as yet ?
Keeping an eye on this.
Downtrend / Tendencia BajistaDesde el día 17/03/2015 el precio de VOWD comenzó una tendencia a la baja que duró casi un año, hasta el 29/02/2016.
super bearish triangleEvent of an rupture of the support ( 118 ), may find a TP at the last support area. (Absolute minimum ????)
VW Accumulating before Making new LowsVW is far from its ATH. Since mid 2015 the stock has entered into a downwards spiral, yet another one, after an insane drop in 2009. Currently price is correcting, but just waiting to break through the marked fractal support and possibly establish new lows. The time between 2009 and 2015 was not full of upside momentum taking prices significantly higher. It seems it was nothing more than a small breather that won't last. Let's see if that holds true and VW will go as low as it's been in 2010.
VOLKSWAGEN may publish good results on 28th April 21st April --- there will be more information from the Californian court.
28th April --- VW publishes results from 2015
Turn-Around TradingIdea @ VOLKSWAGEN143.54 EUR: 5.Target (33.29 EUR Chance)
128.07 EUR: 4.Target (17.82 EUR Chance)
126.84 EUR: 3.Target (16.59 EUR Chance)
121.31 EUR: 2.Target (11.06 EUR Chance)
115.25 EUR: 1.Target (05.00 EUR Chance)
110.25 EUR: last Price
094.80 EUR: last Support (15.45 EUR Risk)
You can use the support levels as stop-loss price level.
And alle 5 targets also even as take profit price leves too, if you want.
But take care! Think about it - and create your own opinion! It`s your own decision...
C/R Ratios are 0.32 (1st), 0.72 (2nd), 1.07 (3rd), 1.15 (4th) & 2,15 (5th)
Change/Risk Ratio = 1st or 2nd or 3rd or 4th or 5th Target/Support
Best regards!
Aaron
VOLKSWAGEN technically under pressure, but still great outlook143.54 EUR: 5.Target (33.29 $ Chance)
128.07 EUR: 4.Target (17.82 $ Chance)
126.84 EUR: 3.Target (16.59 $ Chance)
121.31 EUR: 2.Target (11.06 $ Chance)
115.25 EUR: 1.Target (05.00 $ Chance)
110.25 EUR: last Price
094.80 EUR: last Support (15.45 $ Risk)
You can use the support levels as stop-loss price level.
And alle 5 targets also even as take profit price leves too, if you want.
But take care! Think about it - and create your own opinion! It`s your own decision...
C/R Ratios are 0.32 (1st), 0.72 (2nd), 1.07 (3rd), 1.15 (4th) & 2,15 (5th)
Change/Risk Ratio = 1st or 2nd or 3rd or 4th or 5th Target/Support
Best regards!
Aaron
