VOLKSWAGEN @ daily @ BreakedUp of (15 month old) triangle

Until the market VOWD trading between MONSTER GAP of 143.55 & 160.20 (sep`15) again traders have still to overcome only one hurdle. The MINI GAP between 141.40 & 142.45 (which was created between last trading day `15 & first trading day `16) & 1st Quartal`16 high (139.35).

All in all VOWD got a flat year 2016!
And therefore have a argusauge on the downside, that the breakout confirms :)
Yesterday moday close was 139.55 VOWD

• 139.35 1st Quarter`16 high
  
• 137.50 3rd Quarter`16 high
  
• 136.60 4th Quarter`16 high (before breakout)
  
• 134.25 & 133.35 little JULY GAP
  
• 1133.50 & 132.75 little NOVEMBER GAP
  
• 132.55 & 129.45 little JUNE GAP
  
• 130.70129.40 little JUNE GAP

need to be defend - to get enough power - to rise into MONSTER GAP back again (while 1st quarter`17).

Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)

Best regards
Aaron