There are theories going around that the bottom already happened. Because of these rumours, there is a likely scenario that people will buy the dip (at support) around €102-107 and we will see an increase towards the triangle resistance at around €140. I we break that, we might go towards €170 in April. Another supporting factor: weekly MACD crossed up in december and is somewhat diverging.
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.