Logic: close above yearly pivot, in confirmed uptrend & > 200D EMA. Entry: €6.70 Stop: €6.20 Risk: -7.46% Target: €7.70* Gain: +14.93 Note: *initial target €7.27, possible gap close in €7.40-€7.80 area.
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Initial target reached on 03/06.
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Nice run with high at €7.65. Gap close €7.80 remains as target. Looking for possible pullback/consolidation in €7.20 support area which needs to hold otherwise puts upside thesis into question.