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DAIMLER AG NA O.N.
Updated

Daimler falling wedge

722
Daimler falling wedge with rsi divergence, waiting for break out
Trade active
Note
woop woop 60€ broken
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keep holding, some breaking news:

daimler announcing record sales for mercedes benz cars
mercedes is about to unveil an entire fleet of electric vehicles
Note
perfect, new high :-)
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Switching to weekly chart. Flag has formed and a bullish divergence on rsi. Aiming for new highs, if DAX allows it.

nice stock 4%+ dividends

snapshot
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expect new high today :-)
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Daimler going 70€ =)
We got next resistance from trendline in 71€ area and fib level at 73.50€
Can take partial profit or just let it run with trailing stop, gives 4%+ dividends in april, so nice to hold

snapshot
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coming closer to the last active down trendline (red)

snapshot
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last line broken too :) now can watch for the fibs most likely aiming 0.618 near 78€ snapshot
koryu
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koryu
Also on:

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.