SIGNAL TERMINATED – BMW SHORT – TAKE PROFIT
The signal is closed with an appreciation of over 6% of the investment in the margin.
ORIGINAL TEXT: BMW Short. Unlike all other car companies, BMW AG shares have paradoxically entered an upward trend since March. At the beginning of November, there was a dramatic strengthening and now the market has stopped at the resistance line. Overall, stocks, CFDs on BMW, have been on a downward trend since 2017. From the point of view of the company’s economy, there is no reason for further dramatic strengthening, quite the opposite. CA analysts publish a short analysis with a view to declining to at least 65 euros.
Chart source: WebTrader