Uptrend
I wasn't sure about being a good position after pullback because of two bad bearish candle after forming pullback but now I suppose after these three candles the risk of entry has reduces for getting buy position or adding by setting new sl at about 24
UPTREND
It's difficult finding a good position these days because of geopolitic issues but i suppose this company has started a good uprend by passing out of a major price level and first target.
As you see the last candle was a strong and tall one specially in daily time.
I'm going to add my position on it after a small correction although this candle shoes the...
In my perspective this point can be entry location for trending and as always based on my fixed strategy after breakout from a descending trend line and then passing out of a preferably major pivot point, you can enter to an uptrend. As you see this condition has been prepared in SDF
SL and TP has been shown on chart.
Good luck.
A risky setup but good news on K+S may push this stock in a upward move: www.finanzen.net
Kepler sets target to 22 Euro. So a lot of movement is still possible
10 years ago, there was a boom in potash: www.nasdaq.com
With rising prices in crops, it may happen again?!
If we have a super cycle: www.mining.com
Potash sanctions on belarus, may effect the price positivly: www.reuters.com
This espacially may effect K+S as alternativ company in the EU.
So there a good portion of fundamentals, which may give this stocks a grow...
