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.
1
Imagen de perfil
@mco Let's hope that we break this mark soon
@Soprano Hmm now still a small resistance at 69, but then there would be room to the upside ;)

But somehow it just seems to be based on "China hope"? I don't really trust it yet...
3
Imagen de perfil
@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.
1
@Soprano and now a perfect retest of the breakout level? ;) (bullish)
Imagen de perfil
@mco So not a bad sign you say?
Yes, exactly, as long as it doesn't fall below 67 again
2
Imagen de perfil
@mco Joar, so the train backfired today