We trading within a range since mid February. Since March 21st we had declined a whole range. This decline has been retraced since Monday by almost 78 %. This makes hope for another attempt to fall below the range now.
Trade closed: target reached
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I am taking apart of the fine profit now but leave still a good part of the position short in the market.
@jonas7891, really. But as we see it doesn't bother the market much. There are "investors" who just buy a big name. They have no idea of what they are doing. They just want to have stocks and this drives the market.