MERCEDES BEARSMBG SHORT IDEA
keeping it simple
In the bigger picture (global economics) i dont see a reason to flourish with that in mind it seems rather over bought sad to say
considering they went public this year
t/a
snd zone reached this is where i get logical with the fundamentals
then follow the strategy lead
if it does break we gone be looking at a good 10%
completeing the W formation
then potenially a nice 100% retracement drop
rolls royce analysis for the high rollers
SENNA SEASON
MBG trade ideas
Mercedes-Benz-Group Short-AttackMBG ist about to go down. Long-term trade XETR:MBG
The automotive industry in Europe is facing hard times (energy crisis, decline in consumption). In terms of the chart, MBG is clearly falling and now it would be appropriate to follow the trend and earn with little risk. The intermediate target at MBG will initially be the EUR 47 mark, but it shouldn't be too long before we leave this mark heading south
Mercedes about to drive down.Hello friends,
on the weekly scale we see a head and shoulders pattern (which is not confirmed yet) . The right shoulder may take some weeks to develope but if completed you should see a down move, around 39,00€.
A strong bearish weekly close below the "neckline" is an short signal.
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Daimler in Bullish configurationDaimler is currently in excellent configuration, the price has drawn a "cup and handle" pattern, the pullback already occured and the break of the neckline is validated. All the elements are there for a bullish rallye. Taeget is 92€ (25%)