The stock has retraced 63 % of its decline and reached an interesting level now, i.e. the highs of April, 2015 and May, 2016. They have proved to be the market balance from November, 2016 till April, 2017 and may be a support now.
I am Fielmann short again.
Although I was a bit surprised of the relativ strength I do not believe in a move above 80€.
This stock is one of the "retailers" I am looking to short now. Retail has come way to far overrated. One can see that in other stocks such as Hugo Boss etc. The economic data in the US, Germany, Canada are decreasing as well.
Überkauft, MACD und RSI mit bärischer Divergenz, Bildung einer kleinen und großen S-K-S mit Kursziel unter 40,00€, Aktie auch aus Finanzkennzahlen stark überbewertet
