The History and future Of Volkswagen
from my last review on Volkswagen
Volkswagen got the bounce as I suspected, the same behavior repeating itself
The company is still in the process of acute crisis can not know how it will end, time will tell
Business point we’d seen companies who have strayed and cheated and managed to cross the hurdle, there are even those who did not survive and ceased to exist
I’m most of the time analysis the price from the technical side
Economically addition to the costs incurred due to the current crisis, we must not forget production increases are also declining in terms of low world raw prices such as copper, platinum, In addition, the emphasis on development of electric vehicles could help push the company in the right direction
Volkswagen’s production capacity increased because the rate of the euro falls = supports increasing exports, competitiveness, attractive pricing, and compliance with, the future expectations of selling new cars in the world.
that’s the reason I wrote my last review on vow3 stock – see a buying opportunity
if we look on the charts we can see it was A good entry point in terms of hazard ratio chance
In terms of Stop Loss and Take Profit
from the technical view: the nearest resistance stays in 131 area after we should pay attention to 147-150 and above it to 180 area the major resistance
near support stay in 115 and below it 103-109 area
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This review does not including any document and / or file attached to it as an advice or recommendation to buy / sell securities and / or other advice