Long
EUCAR has broken a multi year downward trend with huge volume
The chart shows the current idea I am trading.
Trade active
EUCAR is 50%+ up from my entry. Considering following factors there could be more upside:- High vaccination rate and travels restarting
- Recent news about Volkswagen takeover bid
0.50 will offer some resistance.
This is just my opinion not a trading advice. #DYOR
Note
Price got rejected at 0.50 and slowly inching back to test the resistance again. If it clears 0.50 the next resistance at ~72.5
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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.
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.