Larster

Puma with interesting long setup

Long
Larster Updated   
XETR:PUM   PUMA SE
With crossing the last high on monthly close it opened the door to the next Fib-level 1.618% which points at 500€. Stop at ~340 where the wicks indicate that a rich shark with billions bought here.
Comment:
But be careful as this pattern still allows an overshoot of a possible b-wave and it would then turn out as a bull trap.
Comment:
Bullish scenario playing out so far and dividend is in as well.
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