Porsche - 52% in the bag. Will the rally continue?
Share price of Porsche is now at a high not seen since early April 2015, and has done this in just three months, with the outbreak to the upside starting in mid-January 2021. See earlier chart of March 13, 2021. The question is now whether it will simply continue the rally, or return below the resistance turned support, to touch the upside resistance line of the highs connecting 2015, 2018, and 2020. Possible long targets shown as blue dashed lines, that is is upside red box is broken. If price falls below the recent multi-year resistance turned support, then it is likely to touch at the green zone, to then continue the bullish trend. Please follow BradtNom, leave a comment or link to your own ideas! Charts are for information purposes only. Not trade suggestions. DYOR (Do your own research) - act responsibly with your money.
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