Bullish Signs on Weekly - General upward movement - SRAIL is making higher lows while repeatedly attacking the price range of 49.00 - 50.00 CHF - Green TI countdown - EMA30 acts as support (Nisons PB&Strategy)
Bearish Signs on Weekly: - MACD loses momentum - Some resistance at 47.50 CHF
News: - This week, some news sites in Switzerland reported some minor problems with new trains form Stadler Rail. However, you have to be aware, that mentioned problems are insignificant ones and compared to competitor Bombardier (TSX:BBD.B), Stadler Rail has a way better reputation in Switzerland. (Also, it's kind of a national sport here in Switzerland to criticize railway companies.. :) )
- Apart from that, Stadler Rail announced several new orders for MAV-START (313M CHF), Gornergrat Bahn (45M CHF), HEAG mobilo (62M €), Mermec (82M €) and Dallas Area Rapid Transit (112M US$).
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Detail view on 4H (Ascending Triangle)
Trade active
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Pre Market update: Ascending triangle worked out as expected.