| Scenario | |
|---|---|
| Timeframe | Weekly |
| Recommendation | SELL STOP |
| Entry Point | 89.40 |
| Take Profit | 79.00 |
| Stop Loss | 91.00 |
| Key Levels | 79.00, 85.00, 89.40, 91.00, 91.40, 93.50, 100.00, 105.00 |
| Alternative scenario | |
|---|---|
| Recommendation | BUY STOP |
| Entry Point | 93.50 |
| Take Profit | 105.00 |
| Stop Loss | 90.00 |
| Key Levels | 79.00, 85.00, 89.40, 91.00, 91.40, 93.50, 100.00, 105.00 |
Shares of Volkswagen AG, a German automobile corporation, are trading within the intensifying correction just above 91.00.
On the daily chart, the price is falling within the downward channel with dynamic boundaries of 100.00–85.00.
On the four-hour chart, despite staying in the range, the probability of a decline remains high. Soon, the price can renew the year’s low of 91.40 and reach the channel support line of 85.00, which remains the only obstacle to negative dynamics.
Technical indicators are strengthening the sell signal: the fast EMAs of the Alligator indicator are below the signal line, preparing to expand the fluctuations range, and the AO histogram is forming downward bars in the sell zone.
Trading tips
Short positions may be opened after the price declines and consolidates below 89.40, with the target at 79.00. Stop loss — 91.00. Implementation period: 7 days or more.
Long positions may be opened after the price grows and consolidates above 93.50, with the target at 105.00 and stop loss 90.00.
风险提示：以上内容仅代表作者或嘉宾的观点，不代表 FOLLOWME 的任何观点及立场，且不代表 FOLLOWME 同意其说法或描述，也不构成任何投资建议。对于访问者根据 FOLLOWME 社区提供的信息所做出的一切行为，除非另有明确的书面承诺文件，否则本社区不承担任何形式的责任。
FOLLOWME 交易社区网址: www.followme.asia
加载失败()