We can see here a confirmed outbreak of the triangle pattern of IBA (Ion Beam Application). Therefore we should have a price target of 19,20EUR (~10%). RSI is also making higher highs in the process.
Good luck!
Just personal doodles - No financial advice
Although the Elliot Wave Oscillator indicates a bottom in the stage of the decline, the momentum becomes more negative. In my opinion IBA is a falling knife and a target below the 30 euros is realistic. If we get more signals that the decline is over, a long position is the best strategy to take advantage of a rebound. If the rebound is supported by a great...
