Vonovia SE is a European listed holding company which engages in the management of residential units.
Price is back to at an attractive level and has formed a double bottom. A pull back to 25 is possible and will give a better risk/reward .
T/P and S/L on the chart.
Good morning all!! On this stock we will have a big probability of a downtrend. As you see on the chart we have a Squeeze with a large volume so it's mean that the sellers want to come. thanks.
After 1 and a half year an update becomes necessary.
The trend could now slowly come to an end and the imminent mass unemployment (despite legalized insolvency delay till 31.12.2020) will lead to rent losses at Vonovia. In addition, the government is looking for new tax revenues or could even enter forced loans from property owners in the land register.
For me,...
The Omicron correction bashed Vonovia to our projected buy zone. I assume that the real estate branch will benefit from an increased inflation due to the corona spendings in Germany. So the decline of the stock following the overall market bias will not last in my opinion.
VNA - It has completed impulse up and correcting it in sideways complex correction. The Y wave of WXY pattern in progress as ABC, where B is in progress and expected to finish with one more bounce. Stay bearish for C of Y wave down.
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