VOW3 D - BearishDears,
please, be informed we are waiting for the price till close below our area and then we can sell it with safety.
God knows
Good luck and take care.
VOW3 trade ideas
WHERE WILL VOLKSWAGEN GO? $VOW3Price rejected the 160 resistance line.
We are now in the blue zone, where price action is telling, that the price will probably move to the south.
Target is the 137 area.
Automobile manufacturing business is sufferingMajor automobile manufacturers including Maruti Suzuki India, Hyundai, Mahindra & Mahindra, Tata Motors and Honda on Sunday reported a high double-digit decline in their sales in August as the Indian auto sector continued to reel under one of the worst slowdowns in its history.
It looks like there is no reason for the reversal yet...
VOW3 Short (Swing trading opportunity)The Volkswagen stock is great for swing trading. Just wait for reaching resistance and hits support again. After that, look for confirmation and the game repeats itself.
Warning: Patterns tend do repeat itself, they don't have to!
Happy trading and good luck.
Volkswagen: Possible long opportunitySupport fractal at lower BB, bullish divergence and alligator curling upwards indicate long opportunity. SL below swing low and /or below lower BB.
Short Term price move in VolkswagenGooday people,
as you can see on my chart, the VW share built a downward channel facing the support line of previous levels.
From here we can take a quick 0.5 to 1% gain trading a long position.
RSI looks promising.
Lets see how it rolls out.
cya.
Always trade on your own analysis.
Shorting a German Stock, Autos under preassureAutomakers are under pressure. Trump has been alerted by the US Commerce Department that imported cars pose a security threat to the US economy. We wonder what he will do about it. This will inevitably have a negative effect on Japanese and European automakers as vehicle exports play a large role in their respective economies.
Volkswagen AG (VOW)
This stock has been in a sideways consolidation for more than 3 quarters now. It is trading below the 200day EMA and is a stock in play due to its fundamentals. In September 2015 during the emissions scandal in the US the stock fell more than 63%. If the US will raise tariffs the fall will be enough to drop the price to the light blue trend line and beyond. Also the fact that the German economy is slowing, will add additional pressure to the stock. All signs point to a short entry.
Target 1: 140 Target 2: 135 Target 3: Hold sell position until reason to liquidate
VolksWagen AGVolkswagen down side.
On the Technical Analysis approach, I'v given two scenarios on how it might develop in the near future, but remember the chart is a long term forecast.
We'll see how it goes..
VWAGY Approaching Resistance, Potential Reversal!VWAGY is approaching its resistance at 17.908 (61.8% & 100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing high resistance) where it could potentially reverse down to its support at 15.791 (61.8% Fibonacci retracement, horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 98% where a corresponding reversal could occur.
Trading opportunities Volkswagen - Symmetrical triangleVolkswagen currently moving in a symmetrical triangle, multiple trade opportunities available;
- Short 0.768 fib
Entry: ~€151
Target: ~€142
Stop: €152-€153
- Long 0.382 fib
Entry: ~€142
Target: ~€148
Stop: ~€140
- Short/Long breakout of triangle
Target break upwards: €168
Target break downwards: €122
VOW Volkswagen Retracement idea with a following shoot upI called long for VOW when it was around 134. It went up 15% since then. I think there could be a last retracement before we get a strong shoot upwards...
Volkswagen a clean BUY Volkswagen is a clean buy after beating the resistence of 149 EUR.
Our target is 163 EUR
VOLKSWAGEN - SHORT. 1ST TARGET AT 130 EuroLower Highs in a weekly chart and the widening out of the Bollinger Bands are a signal for a movement downwards.
First target at horizontal support at 130 Euro.
Both MACD and RSI are confirming a bearish view.
See you soon with new trading ideas,
Cheers
Simone
Volkswagen to hit the several year trend line on the weekly soon
I would suggest a buying opportunity at around 145€ with a stop at around 132€.
There is still a bit of downside from now cause all of the trouble with the car producers, stock build up and the chart. So let it come down for another 10% and than i will hit the button with a first TP at around 180€.
May the markets be with us
