๐๐ถ๐ฒ๐๐ฒ๐ฟ ๐ก๐ฒ๐ฏ๐ฒ๐ป๐๐ฒ๐ฟ๐ ๐ฏ๐ฒ๐๐๐ถ๐ฐ๐ต๐ ๐ฑ๐๐ฟ๐ฐ๐ต ๐ฏ๐๐น๐น๐ถ๐๐ฐ๐ต๐ฒ ๐๐ป๐ฑ ๐ต๐ฎ๐ฟ๐บ๐ผ๐ป๐ถ๐๐ฐ๐ต๐ฒ ๐๐๐ฟ๐๐บ๐๐๐๐ฒ๐ฟ! ๐๐๐
The ๐ฆ๐ง๐ข ๐ฆ๐ & ๐๐ผ. ๐๐ฎ๐๐ has ๐ฃ๐ฟ๐ผ๐ด๐ป๐ผ๐๐ฒ ๐ณรผ๐ฟ ๐ฑ๐ฎ๐ ๐น๐ฎ๐๐ณ๐ฒ๐ป๐ฑ๐ฒ ๐๐ฒ๐๐ฐ๐ตรค๐ณ๐๐๐ท๐ฎ๐ต๐ฟ ๐ฎ๐ป๐ด๐ฒ๐ต๐ผ๐ฏ๐ฒ๐ป today!
Without a doubt, the manufacturer of paints, plasters and facade insulation systems probably belongs in every watchlist. Because it is not only fundamentally that things are going extraordinarily well this year for the company based in Swabia. The existing price patterns in the weekly chart also give hope for an imminent continuation of the upward movement.
๐ฐ ๐๐ถ๐ฒ๐ฟ ๐ฑ๐ถ๐ฒ ๐ ๐ฒ๐น๐ฑ๐๐ป๐ด ๐ถ๐บ ๐๐ฒ๐๐ฎ๐ถ๐น (Dec 09):
Sto raises forecast for fiscal 2021 and now sees sales growth of eleven percent to EUR 1.59 billion (previously +10%). Group EBIT is expected to come in at 113-128 million euros (98-113 million). (Source: Guidants News)
๐ ๐๐ต๐ฎ๐ฟ๐๐๐ฒ๐ฐ๐ต๐ป๐ถ๐๐ฐ๐ต๐ฒ ๐๐ฒ๐๐ฟ๐ฎ๐ฐ๐ต๐๐๐ป๐ด (Update / see screenshot):
After the stock marked a new ATH at โฌ236.50 in August, a ๐๐ผ๐ฟ๐ฟ๐ฒ๐ธ๐๐๐ฟ ๐ฎ๐๐ณ ๐ต๐ผ๐ต๐ฒ๐บ ๐ก๐ถ๐๐ฒ๐ฎ๐ formed. So far, this correction just reached the 23.60% Fibonacci correction target around โฌ196.
Today's price gains following the upgrade of the forecast give hope for a ๐๐ผ๐ฟ๐๐๐ฒ๐๐๐๐ป๐ด ๐ฑ๐ฒ๐ฟ ๐๐๐ณ๐รค๐ฟ๐๐๐ฏ๐ฒ๐๐ฒ๐ด๐๐ป๐ด. However, interested investors should also keep an ๐บรถ๐ด๐น๐ถ๐ฐ๐ต๐ฒ๐ป ๐ง๐ฒ๐๐ ๐ฑ๐ฒ๐ฟ ๐จ๐ป๐๐ฒ๐ฟ๐๐รผ๐๐๐๐ป๐ด ๐๐บ ๐ญ๐ด๐ณ โฌ in mind. However, good opportunities to enter would arise here at the latest.
With a sustained breakout above โฌ 225 and especially above the ATH at 236,50 โฌ, the next ๐ญ๐ถ๐ฒ๐น๐ฒ ๐ฎ๐๐ณ ๐ฑ๐ฒ๐ฟ ๐ข๐ฏ๐ฒ๐ฟ๐๐ฒ๐ถ๐๐ฒ ๐ฏ๐ฒ๐ถ ๐ฎ๐ต๐ฏ โฌ ๐๐ผ๐๐ถ๐ฒ ๐ฏ๐ฐ๐ฒ โฌ would be found (161.8% and 200% Fibonacci extension).
๐๐ฎ๐๐ถ๐:
-> ๐๐๐๐ฏ๐น๐ถ๐ฐ๐ธ ๐ถ๐๐ รผ๐ฏ๐ฒ๐ฟ๐ด๐ฒ๐ผ๐ฟ๐ฑ๐ป๐ฒ๐/ ๐บ๐ถ๐๐๐ฒ๐น๐ณ๐ฟ๐ถ๐๐๐ถ๐ด ๐ฏ๐๐น๐น๐ถ๐๐ฐ๐ต
-> ๐ธ๐๐ฟ๐๐ณ๐ฟ๐ถ๐๐๐ถ๐ด ๐ฎ๐๐ฐ๐ต ๐ป๐ผ๐ฐ๐ต๐บ๐ฎ๐น ๐ฒ๐ถ๐ป ๐ง๐ฒ๐๐ ๐ฑ๐ฒ๐ ๐ฆ๐๐ฝ๐ฝ๐ผ๐ฟ๐๐ ๐๐บ ๐ญ๐ด๐ณ โฌ ๐บรถ๐ด๐น๐ถ๐ฐ๐ต
-> ๐ผ๐ณ๐ณ๐ฒ๐ป๐ฒ ๐ญ๐ถ๐ฒ๐น๐ฒ ๐ฏ๐ฒ๐ถ ๐ฎ๐ต๐ฏ โฌ ๐๐ป๐ฑ ๐ฏ๐ฐ๐ฒ โฌ
As always, we wish you the best of luck with your decisions and look forward to your feedback! LG Magnus & Sรถren ๐๐
Please note: This is not an investment recommendation and we do not guarantee the accuracy and completeness of all information presented. Furthermore, it does not represent a trading recommendation. Liability for financial losses is excluded. โ Make up your own mind about the advantages and disadvantages of an investment
