I have a similar view, but as long as we don't get above € 68 on a sustained basis, I think the share is still clearly in a medium and long-term downtrend.
@mco Jo we are almost at 71, I think the cow is slowly rolling off the ice :) I don't think there has to be any particularly good news for the share price to rise, but the share was simply oversold and is now settling at a fair value of around €80-85.