UnknownUnicorn5063481

ALLIANZ SHARES COULD DROP DOWN TO €120 EURO

Short
XETR:ALV   ALLIANZ SE NA O.N.
ALLIANZ SHARE PRICE CAN BE AN OPPORTUNITY TO SHORT THE STOCK, OPENED WITH A LARGE GAP DOWN
AS ICHIMOKU TECHNICALS DO HINT FOR SELLING PRESSURE WITH A RESISTANCE PRICE REJECTION AGAINST THE TENKAN AND KIJUN LINES, MEANWHILE THE CHART HINTS ALSO TO A DOUBLE TOP PATTERN,
THE SHARE PRICE COULD RETRACE THE 23.8% FIBONACCI RETRACING FROM THE 2009 LOW, SYMMETRICAL ALSO TO Q1 LOWS
AND BELOW
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.