CS Group - CSGN

By Oliver-Basel
• Slightly upside corridor since beginning December 2022 (daily chart on the left side)
• The stock is currently trading at the bottom of the corridor (left side chart)
• Low volume in the last days (left side chart)
• Break out of the decreasing trend line in the last weeks (weekly chart on the right side)
• Supportline at 2.654 (right side chart)
• MACD line crossed the MACD Signal upward, which supports the outbreak of the decreasing trendline (right side chart)
• Stay neutral and wait if the support will hold
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Oliver-Basel

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