akaid

Mercedes about to drive down.

Short
akaid Updated   
XETR:MBG   MERCEDES-BENZ GROUP AG
Hello friends,

on the weekly scale we see a head and shoulders pattern (which is not confirmed yet). The right shoulder may take some weeks to develope but if completed you should see a down move, around 39,00€.

A strong bearish weekly close below the "neckline" is an short signal.

🤞



Comment:
Right shoulder

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