Tesla founder Musk made negative headlines today, saying he has a “super bad feeling” about the overall economic situation and even expects to lay off up to 10% of Tesla’s workforce. As a result, the share temporarily lost 7% of its value today. How should we assess the chart situation? After the downward trend line…
Review: The conclusion of yesterday’s view (“DAX commentary: Is the correction over?”) was as follows: “With the rise above the short-term relevant downtrend on the hourly chart, the bulls took the reins of trading in the morning. As long as yesterday’s daily lows are not undercut again now, buyers have a chance to rally back…
Good morning, these are the levels I am watching today (until about 2/15pm) for a possible entry. The levels are not intended as a trading recommendation but rather as a guide for intraday traders. The economic data cited may trigger new impulses and should therefore be taken into account. Have a successful trading day! Henry…
