koryu

Daimler falling wedge

koryu Updated   
FRA:DAI   None
10
Daimler falling wedge with rsi divergence, waiting for break out
Trade active
Comment:
woop woop 60€ broken
Comment:
keep holding, some breaking news:

daimler announcing record sales for mercedes benz cars
mercedes is about to unveil an entire fleet of electric vehicles
Comment:
perfect, new high :-)
Comment:
Switching to weekly chart. Flag has formed and a bullish divergence on rsi. Aiming for new highs, if DAX allows it.

nice stock 4%+ dividends

Comment:
expect new high today :-)
Comment:
Daimler going 70€ =)
We got next resistance from trendline in 71€ area and fib level at 73.50€
Can take partial profit or just let it run with trailing stop, gives 4%+ dividends in april, so nice to hold

Comment:
coming closer to the last active down trendline (red)

Comment:
last line broken too :) now can watch for the fibs most likely aiming 0.618 near 78€

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