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HBP_Germany
Sep 7, 2023 11:13 AM

VOW3 about to hit resistance line started in 2009... Long

VOLKSWAGEN AGGETTEX

Description

As we can see in the graph, VOW3 is about to hit a resistance line which started on March 9th, 2009. This line was solidified on March 18th, 2020. Morningstar currently classifies Volkswagen as five stars, with almost 70% discount to fair value. The extremely large dividend yield is ice on the cake...
Comments
Reza_Panah
Don't you mean "Support" instead of "Resistance" ?
Surely you do or I have read all my Technical Analysis books upside down !
HBP_Germany
@Reza_Panah, Yes, you are 100% right. Thank you for the correction!
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