Carl Zeiss hits a strong resistance line and at the same time the lower end of the downward trend channel. Also the RSI was extremly negative and is now raising.
If the price can escape the downtrend channel to the upside, a potential long-term uptrend might be imminent
Note
The Prediction developes very well and a breakout could be close!
Trade active
Breakout looks strong. A longtrade can be made now
Note
Price droped again but stopped at the resistance. Should be watched carefully.
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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.