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Traderherz-Analytics
May 4, 2021 12:25 PM

Trading Idea - #Fresenius SE Long

FRESENIUS SE+CO.KGAA O.N.XETR

Description

BUY

ENTRY: 40.85 EUR
TARGET: 50.00 EUR (+22%)
STOP: 37.00 EUR

1.) Fresenius is breaking out of the POC box (Point of Control/Point of Interest). Technicall, an upward movement is expected.
2.) 42.80 EUR level needs to fall, so that an attack on the mid-term resistance (44.00 EUR) can occure.
3.) Fresenius works intensively at the cost reduction, which should make the company more profitable.
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