@TomTurboInvest Hello dear, how do you see the share in chart terms?
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@Tenbagger2024 I haven't dealt with Elring Klinger for a very long time, but after a quick look I would say the following:
It will be interesting to see whether the "gray zone" of €5.80-€8.20 can be cracked, in which case it may well move back up to the €13-€16 range. However, this zone may well prove to be a tough resistance zone. Another run at the "bottom" at €4 is still possible at present. https://www.tradingview.com/x/gHIWTiAl/
In the short term, the breakout from the €4-5 range would at least have been successful. From this perspective, the next few days or 2-3 weeks will be interesting. For short-term traders, a target would be the last high at €7.44 as a take profit area. This lies in the upper part of the aforementioned "gray zone" https://www.tradingview.com/x/UOKwapMh/
It will be interesting to see whether the "gray zone" of €5.80-€8.20 can be cracked, in which case it may well move back up to the €13-€16 range. However, this zone may well prove to be a tough resistance zone. Another run at the "bottom" at €4 is still possible at present. https://www.tradingview.com/x/gHIWTiAl/
In the short term, the breakout from the €4-5 range would at least have been successful. From this perspective, the next few days or 2-3 weeks will be interesting. For short-term traders, a target would be the last high at €7.44 as a take profit area. This lies in the upper part of the aforementioned "gray zone" https://www.tradingview.com/x/UOKwapMh/
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@TomTurboInvest Thank you for your great work. That sounds very interesting. I'm really looking forward to seeing how it develops
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