BUY ENTRY: 40.85 EUR TARGET: 50.00 EUR (+22%) STOP: 37.00 EUR 1.) Fresenius is breaking out of the POC box (Point of Control/Point of Interest). Technicall, an upward movement is expected. 2.) 42.80 EUR level needs to fall, so that an attack on the mid-term resistance (44.00 EUR) can occure. 3.) Fresenius works intensively at the cost reduction, which should...
Following weekly chart After 2 years, FRE broke the trend line. Supporting my grafp with FIBO numbers. TP! 55.6 TP2 66.5 SL 35
No endyear ralley but a nice upwards trend is coming
I am focus to set right target profit by using stop sell order. There is no technical level I am happy with.
Possible 123 trend reversal + possible inverse shoulder-head-shoulder formation => Entry @62.81 (123 trend reversal) and/or @ neckline of inverse shoulder-head-shoulder formation Possible taget values: filling of open gap @65.43 and target value coming from (possible) inverse shoulder-head-shoulder @ around 70.00 Possible stop @ around 60.00 (support by EMA20,...