Mercedes is about to park wave (2) in magenta in our green target zone between €67.31 and €77.90. Once this top is placed, the share should continue the overarching downward trend, dropping below the support at €60.72 and (after a short countermovement) further southwards. There is a 30% chance, though, that Mercedes could leave the green zone on the northern side...
Why should we short Mercedes-Benz?
1 - they hung up on the phone with Hitler who made them millions of dollars in WWI
2 - There's a huge resistance at 75 dollars
3 - they refused to pay for a car they invented that was literally my address: 63 Madison ave AMG
4 - I already asked Doug Clark (my former manager at ITG Global) to alert the CEO of Credit suiSSe to...
Mercedes-Benz is still making high quality cars despite inflationary pressures reducing profitability in the auto-industry.
Hitler had a special relationship with Mercedes (the name of a Spanish relative of mine connected to Carmen Gabriel).
It will be interesting to see whether or not the price will break above the overhead resistance. I guess it will depend...
Mercedes-Benz has found a parking spot in the big green parking lot between €67.31 and €77.90 and is about to finish wave in green. Though, as the course has just turned slightly downwards, the current movement could also already be complete. As soon as this high is finalized, the share should pay its parking ticket, leave the parking lot and drive southwards,...
Mercedes Benz is back on track and working its way up to get to the green target zone between 67.31€ and 74.77€ to complete green wave . Thereafter, we expect the course to drop into a superior correction below the support line at 56.52€.
The company with multiple companies within. After acquisition of PERBIX Tesla became the machine that builds the machines.
Not much needs to be said here except:
Macro environment plays out for all the known reasons.
Maximum fear have not been reached by retail yet. Institutions are buying in. Largest whales Vanguard and Black Rock have increased their...
Daimler reached our short term price target of 75 EUR on 23rd July 2021. Since then RSI, MACD and Stochastics remained bullish. Currently these indicators point to higher price for Daimler. Because of that we would like to change our medium price target of 77.50 EUR to short term price target.
Previous setup from 23rd July 2021:
Here we correctly predicted move...
Daimler provides interesting setup. RSI and price show divergence. MACD and Stochastic attempt to reverse. Price traveled back towards its 20-day Simple Moving Average. In addition to that ADX contains high value which suggests that prevailing trend is at its peak. We would like to update our short term price target for DAI to 75 EUR and our medium term price...
