years on the market

Trading ideas for Adidas AG (XETRA) 31.03.2020

#ADS

The overall trend is downward. The 215.0 level is holding back buyers. A start fractal has formed below the 135 moving average. Bearish divergence formed on the Awesome Oscillator indicator, and Stochastic Oscillator indicator showed an exit from the overbought zone. 

Trading recommendations:

Sell on the breakout of the start fractal: 199.00.

Stop loss: 215.00.

Target levels: 184.00; 164.00.

The #ADS rate online: monitor the movement of the shares in real time.

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