Equity line closed, long aim for €0,35 midterm (+105%)Last idea went very well from €0,06 to €0,32. After that it went down again to €0,12. The business (DBT) clarified that they stopped the equity line, so this should be a new bottom with strong potential upside. ( link )
Aim short-term €0,185 mid-term €0,35 (+105%), long-term €1+
High risk, high potential, especially in case the the EV-market continues to grow and there will be a much bigger need of high quality high KW/voltage electric vehicle chargers (50kw/150kw/350kw+).
Parisstock
CAC40 : The rounding tops show a bearish momentumThe CAC40 is consolidating between 4300 and 4520 pts since the middle of July. The US indices are currently showing weaknesses, and so does the french equity market.
The resistance area at 4550, doubled with the other one at 4520, definitely constitute a barrage for the buyers to go higher. The bearish forces are getting a bit stronger as weeks pass, as shown by the rounding tops. The long term moving average (200 days) remains decreasing, which highlights the downside underlying trend.
The first steam to break is the ascending trendline (blue). The current price at the CAC40 is high enough to initiate a short position :
- Short @ 4460
- Target @ 4315
- Stop @ 4520 (just above the first resistance)