TradingView
p4917
Jan 14, 2023 8:14 PM

Sartorius AG LONG Signal created Long

SARTORIUS AGXETR

Description

Looking on this weekly chart:
  • Price broke the triangle pattern to the upside
  • Price is over all moving averages
  • Looking at the last 10 years: Sartorius has a bullish seasonality until summer


Good trades, folks!

Comment

As it turns out now point D of the triangle could be as well the current local high. So then the price would be still within the triangle:



However, I keep my position open, because the cluster of moving averages should give the stock price at least some support. And the seasonality is still bullish. So we will see ...

Comment

SL moved now a bit higher to 375 EUR

Trade closed manually

Closed manually to free some capital. The price moves not enough to stay in this trade any longer.
More