The price of Daimler stock is consolidating below the key resistance level of 60. S break to the upside and close of a daily candle opens potential to retest the massive uptrend line, broken in 2018.
Strong support below the current price action: 200SMA, support zone and an uptrend line from the low of the pandemic 2020.
Recent developments in Daimler and massive spending into electric industry provide the fundamental potential to see the price higher.
Good Luck and Stay Healthy!
Strong support below the current price action: 200SMA, support zone and an uptrend line from the low of the pandemic 2020.
Recent developments in Daimler and massive spending into electric industry provide the fundamental potential to see the price higher.
Good Luck and Stay Healthy!