Monthly big picture long on ThyssenKrupp

Updated
This is a trade i am currently in.
Long 21.40€ Stop below 19.40€ looking for a move toward 25€ and possibly 27€.

Look at this huge support formed by 50,100 and 200 monthly moving averages, plus this major trendline retest.
Check out weekly chart below:
snapshot
Also 100 WMA and 200 WMA are around 21.50€.

Blessings to you all.
Note
Made some good profits with this stock!
Beyond Technical AnalysisChart PatternsDAX IndexdowjonesEURUSDmdaxnasdaqthyssenkruppTKATrend AnalysisUSDJPY

Also on:

Related publications

Disclaimer