Volkswagen: breakdown short!
Indicators suggest that there is a massive decline we don't see in the markets yet. If we have a look to the downside of the chart we can go to at least 127 euros. The stock was overbought and the news that the European Commission is going to punish the German car makers is worser than the market thinks at this time: the history shows a small recovery and less amercement than expected. In these charts I will give you more information about this trade.
Trade ativo
I bought this short @ 1,51. DE000CX82KC6Nota
The indicators signal a further decline! Nota
With the end of the increasing price, the momentum is going to set from positive to negative. Nota
The long term momentum is positive so most investors believe in a recovery of the share price, but it's not. Nota
The stronger euro/dollar is a catalyst for further declines and also for the Dax! Trade fechado: objetivo atingido
I took some 35% profit of the decline ;)
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.