Bullish clues:
- Strong uptrend: x4 in 1 year
- Symmetrical triangle, a continuation pattern
- Above the neutrality zone on the Relative Strength Index (RSI > 50), with a strong support
- The 40 Exponential Moving Average is a good support
- Stay above the 70% retracement zone
Objective:
My first objective is €89, the last swing high, reached on January 5, 2022.
The second one is €91, the all time high, reached on December 8, 2021.
The third one is the theoretical objective of the symmetrical triangle, at €104.
Feel free to share, comment and give your opinion if it is constructive ;)
DISCLAIMER: This is not investment advice
- Strong uptrend: x4 in 1 year
- Symmetrical triangle, a continuation pattern
- Above the neutrality zone on the Relative Strength Index (RSI > 50), with a strong support
- The 40 Exponential Moving Average is a good support
- Stay above the 70% retracement zone
Objective:
My first objective is €89, the last swing high, reached on January 5, 2022.
The second one is €91, the all time high, reached on December 8, 2021.
The third one is the theoretical objective of the symmetrical triangle, at €104.
Feel free to share, comment and give your opinion if it is constructive ;)
DISCLAIMER: This is not investment advice