Chart pattern: Bull Flag
Entry: Immediately
Stop: 10.19$
1. Target: 17.18$
2. Target: 24.81$
Risk/Reward-Ratio: > 3:1
Stopmanagement: Parabolic SAR daily chart default settings
Intermarketanalysis: Please are beware of the fact that stocks out of the techsector always underperform when the yields of the bonds rise and there are a lot of reasons right now that we can expect a spike in the yields over the next months (rising inflation expectations, earlier than expected raise of the base rates by the FED and the US10 is extremely overbought)
Entry: Immediately
Stop: 10.19$
1. Target: 17.18$
2. Target: 24.81$
Risk/Reward-Ratio: > 3:1
Stopmanagement: Parabolic SAR daily chart default settings
Intermarketanalysis: Please are beware of the fact that stocks out of the techsector always underperform when the yields of the bonds rise and there are a lot of reasons right now that we can expect a spike in the yields over the next months (rising inflation expectations, earlier than expected raise of the base rates by the FED and the US10 is extremely overbought)