Daimler with breakout and inverse SKS to go for 85 €
Last 6 month went very well for DAIMLER, 7th largest DAX titel with a market cap of about 76 Mrd. €.
I do watch the breakout carefully, because I expected a faster increase.
But for know I'm satisfied. The dip on the old downtrend confirmed the brakout and due to the inverse SKS in the chart I see further potential in the midterm to reach at least 85 €, before we can again talk about the ATH @ about 96 €.
Support levels are close buy and allow a great CRV.
The breakout will help DAX to reach his ATH @ about 12.400 and above!
Successful trades
I do watch the breakout carefully, because I expected a faster increase.
But for know I'm satisfied. The dip on the old downtrend confirmed the brakout and due to the inverse SKS in the chart I see further potential in the midterm to reach at least 85 €, before we can again talk about the ATH @ about 96 €.
Support levels are close buy and allow a great CRV.
The breakout will help DAX to reach his ATH @ about 12.400 and above!
Successful trades
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