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Deutsche Telekom AG (DTEA - Xetra) is in impulse cycle up in 4 hr time frame, where 5th wave up is in progress. In 30 min time frame the 1st subwave leading diagonal and 2nd subwave correction both already ended. Price is now in 3rd subwave of 5th wave up. Stay bullish with stops below 14.45 level for target above 15.80. Keep eye on chart in 10 min time frame to...
there 's high probability that the price will go to 14.306 as TP
DT Telekom is trading in a channel since mid 2018. Already took the opportunity before earnings riding it from the lower border to the upper where the RSI also reached it's previous high. Switched to short at that level with a target and take profit to the previous support level @15.61 Due to the overall corona fear it broke this support and is now at the lower...