micio

PSM - Consolidation near recent lows

Long
XETR:PSM   PROSIEBENSAT.1 NA O.N
Nice consolidation going on near recent lows. Could see another dip before moving up. Had a nasty sell of after breaking resistance, formed a bearish candle on the weekly. Buying Volume decent,now drying up. Looking for a steady fade next days. 33.60 would be good to start a Position imo.

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