After years and month of downtrend, now the important volume comes in and also the trendline broke through with this massiv volumen. In my eyes a no brainer, now investing some money and in the next month to years in combination with the industry / german / europe crisis it´s a very good way to diversify your money. The potenzial is up to x 40 maybe a new higher...
FLOWEUR is getting cornered in a descending wedge, building momentum for a break-out to happen any time soon now.
Short-term target: 26.50EUR
Mid-term target: 60.00 EUR
No financial advise though!
4h chart indicators seems bullish. We are approaching on decision point. If we break the downtrend and pass 10 then target to 12 is possible. Increase in volume should be seen close to the decision point.
The graph shown a possible decision point. Support line should provide protection from downtrend. Break of downtrend line and increase in volume will confirm bullish idea up to 8. (I am not a professional - make your own decision)
