Exactly 3 months ago (December 06 2023, see chart below), we set a 17800 Target on DAX (DE40) and the index hit that level yesterday: At the time DAX was the first major stock index to hit new All Time Highs (ATH) and as we mentioned it "sent a message to indices globally". And followed they did, as all markets followed this lead and rose aggressively. This...
Porsche (PAH3): XETR:PAH3 Our analysis of Porsche Automobil Holding focuses on the stock's price movement since the lows during the COVID-19 crisis at 28.48 EUR. Since then, Wave (1) in blue has expanded to 102 EUR, currently serving as a local high. Subsequently, a remarkably unusual and complex Wave (2) has been observed, which appears atypical at first...
A flatex degiro follows an upward trend, with a oblique trendline that has served as support for it twice, in October 2018 and in October 2022. In the steepest declines it experienced, it corrected in both instances to the algorithmic level of 0.79, both with the confluence of an order block on the 3-month timeframe: The price, since it made the recent...
New target setaround 27-28, waiting for the flag breakout then will aquire some shares soon, i think we will see positive earnings, if yes then setting new long term targets seems good for me. Only my opinion ! Trade safe !
The average 1 Year Price Traget is 108 % (44 Eur) and the Wykhoff Price Target around 550 % .
This my interpretation of the advance in German stock market that started in 2003 and would end in 2025
The ongoing war in Ukraine has driven Rheinmetall's stock to new record highs since 2022. Today, unexpectedly aggressive remarks from French President Macron led to a volatility explosion, which could signal the end of the uptrend. Year-to-date, the German arms manufacturer's stock has risen by more than 72%. A double top formation is evident in the OBV, which is...
Porsche (PAH3): XETR:PAH3 Our analysis of Porsche Automobil Holding focuses on the stock's price movement since the lows during the COVID-19 crisis at 28.48 EUR. Since then, Wave (1) in blue has expanded to 102 EUR, currently serving as a local high. Subsequently, a remarkably unusual and complex Wave (2) has been observed, which appears atypical at first...
German DAX Analysis Taking another look at the German benchmark index, the DAX XETR:DAX , our scenario remains unchanged. If we don't breach the 18,000 EUR mark, we anticipate continuing with Wave IV, which is expected to range between 10,000 € and a maximum of 7,500 €, depending on the potential overshoot of Wave (B). This scenario will be invalidated...
XETR:DAX update - New all-time high due to an expected test of the upper #BouhmidiBand. Attention trend day. A breakout should bring new impulses with the US opening.
The stock is technically and fundamentally strong and it is corrected following the post-COVID upward rally. Fundamentals looks good with the cup and handles technical set-up. Currently testing support and resistance levels. P/E ratio of 20 is decent for tech stock. Expect a few shakeouts and upward moves. To enter the trade, make sure you have confirmation...
Similar to other indices, the DAX is currently experiencing a bullish trend. However, there's a possibility of a pullback in the near future. Given its historical behavior of respecting the trendline, we anticipate it will do so again this time. Take-profit (TP) and stop-loss (SL) levels have been identified. It's imperative to adhere to proper risk management practices.
Morphosys, Short a clear announcement. In the long position, many were able to enjoy 400%, and selling is currently the order of the day. Target price around 28. In the buying movement there are 92, 128 and 180 on the top, which many traders can be happy about. Good luck and success
We are currently in an uptrend with the 200 green ma line slooping up and the price beeing above it. We hit a support that has previously been resisistance with multiple tops in the past. From this support we have had positive uptrend bullish candles. Now we set stoploss under the last bottom and go for a 1/1 ratio stoploss and take profit.
COEUR Mining, technically very clean up to this point. A major upward movement is currently underway. The end point of this rising wave is the entry point of a bearish BAT. Can be traded very well via the support and support. In the long term, this is also a position to hold. 3 trades x1 to HOLD, x5 TP1, x3 TP2
Hello, here my IDEA for BAYER AG, a big player in Germany and WORLDWIDE. Make 3 Position and take the Profits, for Longtime Investors BUY and HOLD.
I think Novo Nordisk is moving inside a consolidation channel preparing a strong upside move to reach a new ATH There will be an enormous demand for obesity drugs in the next years
DAX and financials and dollar effect... spotting divergences for pullbacks...