TLDR: maintaining bearish bias unless reinstate above 28, expecting it to go lower first before it can go higher
EW interpretation:
On the monthly chart there were visually 3 waves up before the covid crash. Based on the purple fibs, one can also argue we have already seen a 5 waves top.
In both case, the (A) wave almost perfectly hit 0.618 retracement and...
Private placement of 1.736.346 shares at a price of 25.55€ made today to acquire "Résidence des Ardennes" (Attert, Belgium) makes the share price tumble more than 3.35% once trading is opened at 14:30h (closed since 9:00). Fibonacci retracement suggests buying at 24.80€. However, volatility in markets due to lockdowns may drag the price towards 18.80€ again but...
