Delticom AG : The stock is giving technical arguments
Entry price | Target | Stop-loss | Potential |
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€0 |
€0 |
€37.6 |
+-NaN% |
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Delticom has a technical pattern suggesting a continuation of prices above the significant technical levels being tested.
Technically, the share has given a strong buying signal with the breakout of a symmetrical triangle. After a neutral phase, this configuration gives argument to reach the year highs next to EUR 42.85. The support given by the different moving averages and the crossing of EUR 38.85 will help to reach our target.
Considering these elements, the timing seems appropriate to buy the share. We will benefit from the technical configuration to aim EUR 42.85. This position will be reduced near the first goal but partially preserved because in case of crossing of this resistance, it would help to set a more ambitious target. A stop order can be fixed below EUR 38.
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