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Loreal

LOREAL possible buyL'oreal, a French cosmetic giant is forming a possible buy position for investors. What am I looking at? 1. I am seeing forming of a Cup and Handle formation on a weekly time frame, which looks very nice. 2. Next important thing to consider, the price of the stock regained 50MA on weekly time frame , which is considered a nice bullish move and a chance to "get in" at a good price. Last time the price regained 50MA was on April 2020, and it has been rising ever since. 3. We have a small downtrend line which is about to be broken, price is sitting at 10EMA, priced around 404.4euros per share. I would like to see that level to be broken, before I enter with my first purchase. 4. The thing I liked, is that the price bounced hard from it's support level, sitting at 370.7 to 371.85 price level, and started making higher high's. This price movements are like a small cool off in trading, and market catching a break before the price makes new higher high. 5. My first entry point would be just above the current price, I would scroll down to H4 time frame, and wait for the down trendline to be broken before I enter. 6. Stop Loss for this first entry would be sitting 10-12 euros below the current price, price level 389 . Why there? On the H4 time frame, just above this price level is the 50MA. If this level gets broken I will consider that market doesn't have the necessary strength to continue it's move up. 7. Second entry point , if everything goes as planned, would between 429 and 435 price levels, I would consider that Cup and Handle was fully formed once price breaks above those price levels. As always, please do your due diligence before investing your hard earned cash, don't follow advice from a random guy on TradingView.
EURONEXT:ORLong
by De_Banis
L'oreal ...because it's not worth it!📌 So what are we trading here today? Generally speaking, European Equities including CAC are under severe pressure and need a herioc sacrifice from ECB which is just not in play. Additionally we also have a fresh catalyst from the latest Macron stance triggering boycotting and prevention of L'Oreal products in Muslim countries. There is a lack of defence below, so let us briefly cover the technical flows for the conflict. A breach under 280 will trigger the waterfall and wholesale unwinding. The key point here is to look for the next area of interest below which does not come into play till 240/235.
EUREX:LORF1!Short
by ridethepig
4
Great Entry Point for COTYWe are seeing a great entry point for NYSE:COTY . The company has been hit by the current crisis and the stock has plunged after the Earnings Report released this Monday 5/11. Investors have left their positions due to concerns around financial conditions, bad results and dividends on hold. Currently, the stock is on its historical lows, which makes it a great entry. COTY announced a deal with KKR , and will receive an immediate $750M investment. The entire transaction could result in additional cash proceeds of approximately $3 billion . With this liquidity injection and a strong capital back-up, COTY is likely to strengthen its position against EURONEXT:OR , NYSE:EL , and other competitors. The current analyst price targets reiterated on 5/12 are between $8 (RBC Capital) and $6 (Deutsche Bank). Recent hedge fund activity is also in line with positive sentiment around COTY stock. For more details check the research tab in the stock details here at eToro. I believe in COTY as a company with strong foundations because it is a strong global player: #1 in fragrances #2 in salon hair #3 in color cosmetics NYSE:SBH NASDAQ:ULTA AMEX:XLY NYSE:PG
NYSE:COTYLong
by vdostalik
5