Trade Alert
We can see that Adidas recently tested the long-term upwards moving trendline, taken from the lowest point of August 2015, from which it quickly rebounded. Also, the stock is aiming for the 192.10 resistance level, a break of which could set the stage for a potential move higher (Please see the chart for details).
Alternatively, for us to turn bearish on the stock, we would need to see a break and a close below the aforementioned upwards moving trendline. This way we could start targeting lower support levels (Please see the chart for details).
Always have your stop-loss in place.
We can see that Adidas recently tested the long-term upwards moving trendline, taken from the lowest point of August 2015, from which it quickly rebounded. Also, the stock is aiming for the 192.10 resistance level, a break of which could set the stage for a potential move higher (Please see the chart for details).
Alternatively, for us to turn bearish on the stock, we would need to see a break and a close below the aforementioned upwards moving trendline. This way we could start targeting lower support levels (Please see the chart for details).
Always have your stop-loss in place.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.