Mah1991

BMW: update: strong resistance bounced the price

Short
XETR:BMW   BAY.MOTOREN WERKE AG ST
BMW shares have reached the resistance I mentioned before much steeper than my expectation, this pressure caused this strong bouncing off the zone, but, BMW fans should be aware of fake bullish signals. The price will probably come back and if the resistance will be broken, far lower prices would be expected.
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