After bottoming out at € 70, the current chart looks like a head and shoulder formation. RSI and MACD still have room to grow. I expect further price increases up to about 84 € until a first correction begins, then it will show whether the H & S formation holds or a new low for 2018 will be marked.
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
