Sixt SE : A flawless bullish trend
By Alexis Peyrard
Entry price | Target | Stop-loss | Potential |
---|---|---|---|
€0 | €0 | €30.2 | +-NaN% |
Technically, the stock follows a long term flawless bullish trend. The share just broke out a resistance level and the approaching one should not stop price progression. Moving averages on all time scale are well orientated and support the strong bullish trend which should carry on in the coming trading sessions.
Therefore, a long position could be taken at the current prices for a target set at 35 EUR (swing effect). Nonetheless, a stop loss will be placed under the entry point in case a consolidation movement occurs.