BEIERSDORF AG

Talk about an energy point.

94
  • Down sloping median line
  • Up sloping 2.0 warning line
  • Long term trendline
  • Old gap level
  • Bullish bat
  • 1.272 ABCD
  • Several other fibs (not shown)


All coming together at one precise level in time and price! I don't think the market will move down fast enough to reach it in time, but you never know.

DAX is in the area of a big two tier channel / fork bottom. Blow out or bounce?
snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.