Buy opportunity: Continental (CON), wait for MACD buy signal
CON
had a huge drop recently. As a result RSI is in the oversold zone, and MACD will give buy signal soon.
P/E RATIO: 10.30 (considered low comparing to DAX index average P/E ratio)
Entry strategy: wait for bullish candle which cross the 163 price. Maybe we will need to wait a couple of days to see that confirmation candle on the chart.
SL: 152 (-6.7%)
TP: 181 (+11%)
P/E RATIO: 10.30 (considered low comparing to DAX index average P/E ratio)
Entry strategy: wait for bullish candle which cross the 163 price. Maybe we will need to wait a couple of days to see that confirmation candle on the chart.
SL: 152 (-6.7%)
TP: 181 (+11%)
코멘트:
Possible double bottom pattern is forming. Wait for bullish confirmation candle before opening the trade.
코멘트:
Still waiting for a bullish candle which can cross the entry level.
주문취소됨:
Price hasn't reached entry level. Idea became invalid.
If you think this analysis is useful and you want to receive new updates about this idea, leave your comment or your LIKE!
Thank you for your support and may the markets be with you!
Thank you for your support and may the markets be with you!