Lately, Adidas has made fine progress in the scope of wave 2 in turquoise, moving toward the magenta zone between 157.06€ and 141.72€. Soon, the share should reach this price range and complete the current movement, before turning upwards to develop wave 3 in turquoise above the resistance at 187.78€. However, there is a 32% chance that Adidas could act faster, skipping the magenta zone and climbing above this mark earlier already.
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.