Starting from mid of May 2020 the stock used to be always above 200 SMA.
At the beginning of the year it was way too far away from 200 SMA that's why it was consolidating in the last weeks.
Option 1) Given the lower trendline and strong support indication based on volume the stock could bounce and may go up to test the weak resistance again.
If the stock breaks through the resistance there is nothing and the goal would be 42€.
Option2 ) If fails again on the resistance the stock may consolidate within a triangle or even fall through the strong support.
Considering the MACD it still needs some time to go up again where I assume it will consolidate for some days and test again the weak resistance.
This is just a personal idea and no recommendation.
At the beginning of the year it was way too far away from 200 SMA that's why it was consolidating in the last weeks.
Option 1) Given the lower trendline and strong support indication based on volume the stock could bounce and may go up to test the weak resistance again.
If the stock breaks through the resistance there is nothing and the goal would be 42€.
Option2 ) If fails again on the resistance the stock may consolidate within a triangle or even fall through the strong support.
Considering the MACD it still needs some time to go up again where I assume it will consolidate for some days and test again the weak resistance.
This is just a personal idea and no recommendation.
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免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
