Hello dear readers,
Today I would like to look at the dividend share BASF
Chart-technical assessment
- BASF is building a bottom and thus a trend reversal.
- Crossing the trend line and the last high are the first important steps.
- Within the next weeks/months, I expect the share price to initially approach the sell zone and then to undergo a strong correction to the buy zone.
- The subsequent rally should complete the bottoming and approach the target zone in a strong impulse movement.
The plan
- I do not want to start a short trade
- If the price approaches the buy zone, I would like to establish a long position here.
- The buy zone, just like the target zone, must be precisely adjusted later on. For this, a trend reversal towards the buy zone must first take place and the corresponding last high must be established.
- So far it is only a loose plan, updates of the idea will continue to be published by me here.
If you want to support my work I would be happy about a Like & Follow 🙏
Many greetings & success!
Chartdigger
Today I would like to look at the dividend share BASF
Chart-technical assessment
- BASF is building a bottom and thus a trend reversal.
- Crossing the trend line and the last high are the first important steps.
- Within the next weeks/months, I expect the share price to initially approach the sell zone and then to undergo a strong correction to the buy zone.
- The subsequent rally should complete the bottoming and approach the target zone in a strong impulse movement.
The plan
- I do not want to start a short trade
- If the price approaches the buy zone, I would like to establish a long position here.
- The buy zone, just like the target zone, must be precisely adjusted later on. For this, a trend reversal towards the buy zone must first take place and the corresponding last high must be established.
- So far it is only a loose plan, updates of the idea will continue to be published by me here.
If you want to support my work I would be happy about a Like & Follow 🙏
Many greetings & success!
Chartdigger
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Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.