2 areas marked (green rectangle) where i plan to buy for the long term. Not sure if those area will be reached with the current sentiment but i dont want to buy without a retrace.
+ aswell on a retake of the blue line as shown with the blue arrow
Targets: Closing 20% of the position every 25% of stock increase
Fundamentals: - Increase of military budget Germany + other NATO Nations - War in the Ukraine
Note
Doesnt look like any of those scenarios will happening in the near future. Therefor idea closed. Currently looking for new scenarios for possible area for a long term buy.
Trade active
On August 9 price went a little bit under the S/R level (blue line) but closed above it - therefor position was opened
Trade closed: target reached
Closing half of the position at this level ~ +22% since the position was opened.
Also put a Stop-Loss for the remaining half a bit below this level at 200
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.