AD.AS long term solid uptrend
Updated
Just got bounce back after reaching upper trend line, need some correction in the short term or more likely sideways consolidation: new buyback program of 1 billion EUR in 2022 should provide shock demper.
Strong support around 22-24 region (mid channel + volume profile POC), as long as this level holds, any correction provides decent opportunity for long term entries.
Possible upside trigger if e-commerce platform Bol.com gets spin off.
Next earning report 16-Feb-2022
Strong support around 22-24 region (mid channel + volume profile POC), as long as this level holds, any correction provides decent opportunity for long term entries.
Possible upside trigger if e-commerce platform Bol.com gets spin off.
Next earning report 16-Feb-2022
Note
Entered consolidation phase as expected, weekly RSI and stochastic leaving overbought zone. First support zone between 29.5 and 27.5.
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