Berentzen is trading around €4.70, close to its 52-week highs—but the chart and sentiment suggest this move might just be getting started.
The stock has been forming higher movement since Q1, and we’re now approaching key resistance at €4.90–€5.00. A clean breakout above that range opens the door toward €6.60, which would be a ~40% move from current levels.
📈 Technical setup is constructive:
• Bullish structure intact
• 50-day MA crossing above the 200-day (golden cross forming)
• RSI neutral—room to run
• Volume increasing on green days
No hype, no buzz—just a steady German small-cap with clean price action and room to surprise. Watching for momentum above €5.00 to confirm the next leg.
Not financial advice — just sharing the chart.