Aumann recently formed a bull flag. After a bullish break price came back and retested the former resistance of the bull flag which now beacame support. This price level was also the 0.5 retracement of the neckline building an inverse H&S pattern. Price increased significantly and failed to break the massive resistance between the 17-18 euro range. In the shorter...
Hey my friends, the downtrend of AUMANN AG seems to find its end and is approaching into a very nice demand-zone which could give us a great opportunity to buy. Fundamentally I expect very nice Rally in the long-run. LEAVE A LIKE AND A COMMENT to support my work. :-) Peace Get rich or die trading
After a surprisingly stable Q3/19 earnings report things appear go in the right direction for Aumann AG.
After the rise over 2 resistances the way up is the more likely one.
After the breakup over 2 resistances the way up is more likely.