Fagron: positive divergence in specific indicators
If we have a look to the negative divergence in at least 2 of the 3 indicators, we can see that shares of the Fagron Group were pushed down. Then we saw a massive positive divergence which resulted in a giant bouce. With impressive spikes, the momentum ran out of upside power. At this very moment we can observe positive divergence and there still is a gap that has to be filled. In my opinion Fagron is set to bounce rapidly by more than 20% in a periode of maximum 3 months.
Trade active
In at a price of 10,675Note
Well done, first target is now the 11.20Note
The declining line is broken (red line) so more potential :-)Note
11,20 broken :-)))))Note
A retest of the 11,20 level is a good scenario for more upside potential...Note
The range 11.45 - 11.50 is the main resistance for the next upswing. Are we going to break that range?Note
More upside potential! Note
Anybody who wants to add comments on this thread? :-))))))Note
Elliot Wave Oscillator indicates that an uptrend is validated soon: Note
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Impressive!Note
Huge rally now to 13.30 and maybe 14.40Note
Indicators are breaking the down trend now: 
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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.