Reasons to buy:
+Oil price going up
+Vaccinations going up
+Bull flag (green)
+Good support line (orange)
+Best dividend payer in France
+Price has not fully recovered since march (yes i see this as a plus)
Reasons not to buy:
-MACD hasn't crossed yet
-Not yet oversold on daily
-OIL isn't that popular these days
I see 2 situations happening:
green: slowly rising till we break out from the flag.
red: Fakeout (Orange support didn't hold) and later we also break out from te flag
When should you be worried: If the bullflag support line doesn't hold (bottom green line) and if the 100 and 200 MA lines don't hold (green and purple line righ under the bullflag). TBH i don't see this happening, but that should not mean that we aren't prepared for that.
Good luck & Have fun!
Don't let the other red and blue lines distract you.
+Oil price going up
+Vaccinations going up
+Bull flag (green)
+Good support line (orange)
+Best dividend payer in France
+Price has not fully recovered since march (yes i see this as a plus)
Reasons not to buy:
-MACD hasn't crossed yet
-Not yet oversold on daily
-OIL isn't that popular these days
I see 2 situations happening:
green: slowly rising till we break out from the flag.
red: Fakeout (Orange support didn't hold) and later we also break out from te flag
When should you be worried: If the bullflag support line doesn't hold (bottom green line) and if the 100 and 200 MA lines don't hold (green and purple line righ under the bullflag). TBH i don't see this happening, but that should not mean that we aren't prepared for that.
Good luck & Have fun!
Don't let the other red and blue lines distract you.
Nota
43-45 EURO is a good sell point.
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.