Dear German traders, I made an analysis for you on the 2GB to inform you that it's not the appropriate time to buy it, you must wait for the price to break the tough resistance level it keeps pulling back on for the past year.
Puma is nearing the finish line, marked by the final low of wave II in gray. To reach it, the share should still advance a bit deeper into the turquoise zone between 54.32€ and 44.25€. Once the low is established, Puma should take off and start a fresh upwards trend, heading for the resistance at 70.88€, which should be conquered in due time. However, there is a...
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!
For taking a speculative long position you can assume that this triangle got broken to the top. At least we've reasched already the 50 % retracement mark of the last upward swing.
I drew this setup about 10 weeks ago and since everything worked as planned so far I decided to share it.
DB is in a symmetrical triangle (weekly/daily chart) or maybe even in a falling wedge. The previous trend was bullish, nice HH (higher highs) and LLs (lower lows), what gives rise to the idea, that there could be a bullish breakout. The BO is confirmed, if...
If we look at 200/50 MAs and RSI, it is possible that a curved shape occurs with the SP and it can be that 50MA crosses the 200MA for a bullish set up in a few weeks.
Then it is possible testing the recent highs again.
Of course, this is just one indicator. Overall market sentiment and fundamentals should support this thesis.
I wouldn't invest just looking at the...
