The conclusion of the latest observation of May 18 (“CARREFOUR – plan for correction”) was as follows: “The performance of the past weeks left a bearish wedge formation in the daily chart of the stock, after the upper limit of the formation could not be overcome yesterday either. Accordingly, a larger consolidation or correction movement…
Review The share of Germany’s largest steel producer has now been in a strong downtrend for several years. Price losses from 2018-2020 have not yet been recovered. Positive New at the beginning of the year and an improvement in sales and earnings figures in March only marginally improved investor sentiment. Most recently, the share recovered…
Review: Everything Lagarde had told yesterday at the ECB press conference was known and no surprise. However, the announcement of the interest rate turnaround (nothing happened at all yesterday) was enough to send the index on a downward slide in the late afternoon. The sharp sell-off of the U.S. indices in the afternoon has played…
Tesla founder Musk made negative headlines today, saying he has a “super bad feeling” about the overall economic situation and even expects to lay off up to 10% of Tesla’s workforce. As a result, the share temporarily lost 7% of its value today. How should we assess the chart situation? After the downward trend line…
The share was one of the strongest performers in the DAX40 today (Thursday). How should we assess the chart situation? Will the breakout succeed? After the bullish reversal at the end of May, the share has already risen strongly in the past few days, but did not get above the much observed EMA50 in the…
The Bochum-based real estate group announced today that, following the rent increase at the beginning of the year, it intends to raise rents again for the Group’s 500,000 managed residential units due to the highly inflationary environment. How should the share be classified from a chart perspective? Feast in bear hands Since interest rates in…
Review Proctor & Gamble is a solid company and that is well evidenced by its stock price. Since the start of the pandemic, P&G’s stock price has nearly doubled, and we saw new all-time highs in late 2021. 2022 has been extremely volatile for the stock so far. It has formed a double top and…
After the latest observation from May 16 (“INTEL – The cow is not yet off the ice”), the share should continue to decline and mark new movement lows. This is what happened – the share fell back to its lowest level since 2017 on May 20, but recovered significantly at the end of last week.…
Review Since the beginning of the year, Deutsche Bank’s share has fared like the market as a whole. After the low in March, there was a swing to the upside, however, the support at 11.50€ was broken downwards. After the last downtrend, there was another break and test to the upside. Outlook The test is…
Video games provider Activision Blizzard, which has come under pressure from numerous scandals and unexpectedly weak figures, is being taken over by Microsoft – for almost $70 billion. Microsoft Corporation is an international hardware and software developer and a technology company headquartered in Redmond, a city in the Seattle metropolitan area in the U.S. state…
