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ADIDAS AG NA O.N.
Long

Adidas Long

By corestrategytrader
The chart is simple and self-explanatory. The stock has been following a trend since 2018. Even in times of pandemic, it refused to close below the trend line. Considering the fact, that the previous high will create a support to the price and also the price is in 0.382 Fibonacci support, there is a good chance to go long for a good reward to risk.

Happy Trading and Investing.

Peace out.
adidasadidas_analysisadidas_buybigpictureFibonacciSupport and ResistanceTrend Analysis
corestrategytrader
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