SIEMENS: Bearish RSI Divergence

Bearish RSI Divergence spotted on the Daily time frame. The price has been rising for the past one week while showing losing momentum with the falling RSI .

Entry Point has been marked along with Strict Stop Loss and Target based on Support and Resistance analyzed on the Monthly/Weekly/ Daily Chart time frame.
P.S: Enter only if the stock breaks the Trend Line on 8th March 2020.

Let me know your thoughts on this.
Comment: Siemens is taking a support at the trend line. Wait patiently until it breaches the trend line.
New buy level to be updated after successful breakdown.


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