At the beginning of the week we thought the shaky hands are on the market and try to save their profit. But on Tuesday the DAX developed again a sell signal. For the third time this year.
The index is not coming up to speed this year and intent to decline. It does not look like the current trend will change during the next days.
The important question is how are our investments doing?
We publish on March 28th to invest into Volkswagen and Porsche. Since March 28th DAX declined by 2.84%. Volkswagen was able to increase the price by 3.07% during the same period.
The chart shows how the stocks was able to increase the performance while the majority of stocks got in trouble. We are pleased so far with our investment and stay invest. We hope the stock will reach out for the resistance line of 203 Euros.
Porsche shows an even more interesting performance. A plus of 6.37% while DAX has a -2.84% since March 28th.
We are pleased with our investment and stay invest in this stock. We are aiming for the upper line of the trend channel: 84 Euros.
It was a rough ride last week and we hope next week will be easier.
But as always: Just my 5 Cents....
No comments:
Post a Comment