What a ride. In March the DAX did have some exiting times. During the first half it went done again after he tried for a second time to overcome the 9700 level end of February. During the last two weeks the DAX were on the way back and will soon test for the third time 9700 level. Will it work this time? The indicators show a stable situation. The trend is getting stronger.
Who are our favorites this week? Volkswagen shows a promising chart. The 200 days lime stopped the latest price reduction and the chart is on the way back to the resistance line of 203.30 Euros for the third time. Will it cross this time? We are not sure but the 203 Euros are our current goal and all indicators of our trade system give a go.
Porsche Automobil Holding shows a similar pattern. Two times tried the stock to overcome a resistance line recently. On Friday the chart developed a buy signal in our trade system again and we expect another running up to the 80 Euros line.
But as always: Just my 5 Cents
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