DB - Monthly Chart - Buy orders
Looking to buy some DB stocks at the blue line.
Target is based on a LTF Resistance and a monthly Resistance level. Would take out my original investment and let the rest run.
Explanation:
Blue level was the first area where the long Downtrend was stopped and a higher Swing created. Level was engulfed in January.
Dont forget:
- Watch your Risk management
- DYOR (Do-Your-Own-Research)
- This information / article is only for educational purporses and not a recommendation to buy or sell. I'm not a Financial Advisor.
Thanks for reading!
trader_se
Target is based on a LTF Resistance and a monthly Resistance level. Would take out my original investment and let the rest run.
Explanation:
Blue level was the first area where the long Downtrend was stopped and a higher Swing created. Level was engulfed in January.
Dont forget:
- Watch your Risk management
- DYOR (Do-Your-Own-Research)
- This information / article is only for educational purporses and not a recommendation to buy or sell. I'm not a Financial Advisor.
Thanks for reading!
trader_se
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