Adidas will break soon the major resistance of the 159€, the break of this limit can initiate a new bullish rally for the stock
Excuse the messy analysis - I'm getting used to trading view. The two thickest lines form an ascending wedge, which, as we know, will cause a bullish breakout. However, there is also the potential for a short opportunity if it falls the to the 9680 level. LONG: Analysis for the long move is simple, the future price movement will continue to bounce off the...