Hannover Rueck – Higher Low Confirmed!
After an 18% consolidation since May, Hannover Rueck seems to be regaining strength. A first low formed in September, followed by a 12% rebound — a sign of buyers stepping back in. Recently, the stock retested the double support zone and confirmed a higher low, strengthening the case for a potential trend reversal and offering what looks like a second opportunity for momentum traders. Source: Bloomberg
DAX Index reaching major swing support zone!
Nearly 5% consolidation since the October high! A lot of stops have been triggered after breaking below 23,684, providing the fuel for a potential rebound toward new highs. The index is now entering a major swing support zone between 23,284 and 23,712 — keep an eye on price action in the coming days to confirm a possible low. Source: Bloomberg
Givaudan – Trend reversal on short-term time frame
After a 32% consolidation since September 2024, we’re now seeing signs of a short-term trend reversal! This is a very advanced signal that still needs confirmation from breakouts on longer time frames. On the monthly chart, Givaudan has reached an imbalance zone that could act as a strong support area — and we’re about 10% away from the major support zone starting around 2875. Source: Bloomberg
Booking Holdings rebounding on 50% retracement
The stock has consolidated about 15% since July and reached the imbalance zone between 4,878 and 5,038. This area also corresponds to the 50% Fibonacci retracement from the latest swing (4,096–5,839). A confirmation is still needed to validate that this level will hold — keep an eye on 5,327 for a potential breakout confirmation. Source: Bloomberg
JPMorgan Chase – Positive rebound on swing support
The stock rebounded two days ago on a key swing support zone! Support at 291.44 was tested but managed to hold, with a close above that level. This could mark the end of the consolidation phase and the beginning of a new upward move. Source: Bloomberg
Nestlé – Trend Reversal Confirmed
After a 46% consolidation since January 2022, we finally have confirmation that the trend is reversing. The breakout above 78.27 marks the end of the consolidation phase, establishing 70.42 as the likely low. Interestingly, the stock broke below its 2003 long-term trend in July this year, but has now reclaimed it, confirming that this historical level remains valid. While a pullback could occur following a new high, it’s still too early to define a swing top — momentum is clearly back. Source: Bloomberg
Aryzta reaching first support
Aryzta remains in a bullish long-term trend. Currently in the discount zone (below 50% Fibonacci) and even below 61.8% (last swing 57.72 – 87.60). It’s now trading on the first support zone at 66.40 – 70.48. 👉 A rebound could take shape here, so keep an eye on the price action. That said, we can’t exclude a break lower with a retest of the major support zone 57.72 – 61.60. Source: Bloomberg
Bitcoin consolidation phase, key levels
The last swing 83'479 – 124'514 is now in consolidation phase. 👉 Key levels to watch for a potential rebound: 107'278 → minor support 99'469 → 50% Fibonacci retracement 98'252 → strong support zone Source : Bloomberg
