years on the market

Trading ideas for Volkswagen AG (XETRA) 09.06.2020

#VOW3

The overall trend is upward. The stock is trading in the range of the lower border of the ascending price channel. A descending wave pattern ("red") has formed, an inclined channel has also formed along it.

Trading recommendations:

Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending pattern.

Stop loss at the local minimum.

Target levels: 155.50. 160.70.

The #VOW3 shares rate online: monitor the movement of the shares in real time.

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