Since December 2020 the stock used to bounce on the 200 SMA .
Before it was breaking through the 200 SMA but it tested it again and moving around it.
Option 1) Given the lower trendline and strong support indication based on volume the stock could bounce and may go up to test the Fibonacci 0.78 again.
If the stock breaks through the resistance there is nothing...
Since 22nd of October 2020 the stock has a bullish trend below the SMA 200 line. It seems it will consolidate and cross or bounce from that line in a couple of weeks.
Considering the low volume areas in between 115€ - 120€ and even more low volume between 125€ - 135€ the stock has potential to go up very fast.
The recent news and IPO of Qualtrics ( NASDAQ:XM )...
Also last year the stock used to be always above 200 SMA.
Starting from 26th August it was way too far away from 200 SMA that's why it was consolidating in the last months. In the last days it is moving around it.
Option 1) Given the strong support indication based on volume and movement above 200 SMA the stock could bounce and may go up to test the small...
Starting from mid of May 2020 the stock used to be always above 200 SMA.
At the beginning of the year it was way too far away from 200 SMA that's why it was consolidating in the last weeks.
Option 1) Given the lower trendline and strong support indication based on volume the stock could bounce and may go up to test the weak resistance again.
If the stock...
