This DAX chart with GD 200,a GD 55 and a 20 day average Bollinger Band.The Gold Cross of the GD 55 and the GD 200 is very convincing:
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BMW made us quite happy this week and remains very interesting.The stock got a strong support mark around 58€,where the GD 20 & the GD 55 are currently located.Once the stock takes the GD 200 at 61,70€ we will trade it all the way up to 74€.:)
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Yesterdays trading of the stock was a ride in roller coaster with 1.7% gain after two trades until market closure.If I find the time today I'll maybe document a whole trading day included buy and sell quotes in real time.:)
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