MANZ - GERMAN STOCK WITH A NICE SETUP FOR GAP-TRADERS
Bulls seem strong enough trying to push bears out, more and more, we see this higher lows, and this triangle has a good chance to resolve quite soon to the upside.
Bulls also are using the 100DMA and 200DMA to make a base, so i think buyers are right now planning to make their move.
Conservative traders can wait for a breakout above 43€ and retest of the level for a good entry with stop below 40€.
This is not a recommendation, its just a view, i urge everyone to make his own analysis and not risk too much on one single trade.
I bought around 39.30€ with a tight stop below 36€ and target is flexibel anything from 48€ on would be great and would make a good r:r, if the sentiment allows i am targeting 57€.
Blessings to you all.
Bulls also are using the 100DMA and 200DMA to make a base, so i think buyers are right now planning to make their move.
Conservative traders can wait for a breakout above 43€ and retest of the level for a good entry with stop below 40€.
This is not a recommendation, its just a view, i urge everyone to make his own analysis and not risk too much on one single trade.
I bought around 39.30€ with a tight stop below 36€ and target is flexibel anything from 48€ on would be great and would make a good r:r, if the sentiment allows i am targeting 57€.
Blessings to you all.
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