Recent bullish tendencies on wirecard seem to be near exhaustion, enabling a possible short selling. Resistant fractals and lower highs indicate that a consolidation and bearish move could be coming. Shorting would result in a low risk trade, since the recent swing highs are close to the current price, thus providing an excellent SL level, that would invalidate...
Softbank has come under increasing scrutiny for its eye-popping investments and corporate governance practices. Investing almost a billion into a company embroiled in a massive accounting fraud scandal (Wirecard) is not what I would characterize as best use of shareholders' capital. Starting from the 2009 trough, the stock has completed 5-waves up with the price...
Following a strong bull market that has been ongoing since March 2016, the share has entered the necessary phase of consolidation since September. This will still prevail at least until the end of 2018. Currently, the wave (b) of (4) should run. Depending on the length of (b), the (c) should find its place in the €134 range. There would also be a re-entry into...