Markttechniker
Long

Linde AG - Long

XETR:LINU   None
Price history on this title is limited. Showed strong upward movements in the past.

The most recent correction shows signs of being completed and another upward move might follow.

A chance-risk-ratio of 2.3 is good for TP1. I am not sure if the resistence line at about 220.50 will be broken. If TP2 with a really good chance-risk-ratio of 5 is reasonable.

Since I am not that sure about an upward break I would move the stop loss for TP2 on entry price if it breaks high at 206.70.

*** As always, if you trade with real money make your own analysis, as the provided analysis is no trade recommendation and for theroetical learning only. So do not trade any of my trade-analysis with real money. ***
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