MERCEDESBENZ trade ideas

ralffritz21

MBG ist about to go down. Long-term trade XETR:MBG The automotive industry in Europe is facing hard times (energy crisis, decline in consumption). In terms of the chart, MBG is clearly falling and now it would be appropriate to follow the trend and earn with little risk. The intermediate target at MBG will initially be the EUR 47 mark, but it shouldn't be too...

UnknownUnicorn14191258

Elliott Wave analysis Mercedes Benz Group Details on the chart

akaid Updated 

Hello friends, on the weekly scale we see a head and shoulders pattern (which is not confirmed yet) . The right shoulder may take some weeks to develope but if completed you should see a down move, around 39,00€. A strong bearish weekly close below the "neckline" is an short signal. 🤞

axelodg

Head and shoulders already formed, we are waiting for the break of the line (or zone) of 56.25 EUR and the pull-back and we will see.

paufel

A cyclical Stock. Similiar to a sinus curve. A recession ist coming, I am short. This is no financial advice.

daylichart

This rise could be exacerbated if Benz cars become electrified go up in for 200 days