Fresenius
Good monthly setup for Fresenius. Broke up descending channel, then confirmed. Now we have beautiful monthly candle giving probabilities for an upside move (hopefully above 34.60). The 3 years distance from MA shows almost the same (broke up, retest, now moving).
Very clear Fibonacci resistances around 41-44. It seems to me a good defensive play for long term. It pays nice dividend as well.
Always do your own research!
Very clear Fibonacci resistances around 41-44. It seems to me a good defensive play for long term. It pays nice dividend as well.
Always do your own research!
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.