Nestle: 5th wave higher just started
I am long, bought yesterday. Expecting the 5th wave to be in the making. If 80 chf breaks lower i will close, then it will probably make some kind of more complex structure.
There is a nice risk:reward in this position, plus i like the fundamental situation around Nestle. I had some good reads about it, also Goldman, UBS, Kepler, Citi all have targets above 90 chf on a midterm horizont for Nestle.
Of course there is nothing sure in this markets thats why i am always securing my positions with a stop. Sometimes the best setups just turn and become a loser.
There is a nice risk:reward in this position, plus i like the fundamental situation around Nestle. I had some good reads about it, also Goldman, UBS, Kepler, Citi all have targets above 90 chf on a midterm horizont for Nestle.
Of course there is nothing sure in this markets thats why i am always securing my positions with a stop. Sometimes the best setups just turn and become a loser.
Note
Its taking off.. next stop 90chf.
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.