Hey guys, After VAT has come into the expected buying zone due to the correction, a new upward trend is starting now. I expect the first real resistance with a at 144-148 CHF followed by a small correction. The reason for the correction (double bottom at 118 CHF) from 170 CHF to 120 CHF was, on the one hand, the short-time work registered by VAT and, on the other hand, the unscrewing of the annual targets. But you should not forget the more than above-average results and fulfilled expectations from the last years. VAT is still the market leader in his business area and now again on track. RSI and MACD are very bullish which are good indicators.
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
