DLavrov

MEYER BURGER N: The Perfect Buy Opportunity

Long
SIX:MBTN   MEYER BURGER N
I would like to say - it is the perfect market for buying.

The market has been falling for 1 year. It reached the bottom. We got a confirmed trend reversal signal. The market started a new uptrend.

Now the price is at the uptrend line and it gives us a very interesting buy opportunity.

Stop orders must be placed below the uptrend line. Profit targets should be at the resistance levels.

It is a good market for the medium and long term trading. Just don't forget about proper money management.
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