#AFX • Carl Zeiss Meditec AG • XETRA LONG TF H4, TP = 98.90 , SL = 72.48 The trend continues, the nearest support level according to my calculations TP = 98.90
Carl Zeiss hits a strong resistance line and at the same time the lower end of the downward trend channel. Also the RSI was extremly negative and is now raising. If the price can escape the downtrend channel to the upside, a potential long-term uptrend might be imminent
Weekly Uptrend fast Daily In upper channel 4h Clear divergency on RSI I will wait for long correction. Seems better short Open 165 SL 175 TP 140 RR 3 However, I think that company has bright feature and will gain profit after.
If the price drop down near 100 EURO, this is a support level and an excellent buying zone. Wait and listen:)
potential break thru resistance on after symmetrical consolidation P:L, 1:3R or potential downtrend after hitting resistance and breaking thru support P:L, 1:3R
AFX.DE Bullish Breakout Further details are on the chart.