ArthaVidya

Solid Set-up in HEI (Weekly Chart) for a Strong Rebound

Long
ArthaVidya Updated   
XETR:HEI   HEIDELBERG MATERIALS
13 TD Countdown Exhaustion.

In a very supportive area.

Close to the 0.618 retracement level from the multi year rally begun in 2011.

Stochastics showing positive divergence forming. Bottom forming similar to 2008/09 GFC.

Targets 68 / 79

Stops 51.00
Comment:
First target reached.
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