Home About the company Daily reviews Trading ideas for Adidas AG (XETRA) 30.04.2020

Trading ideas for Adidas AG (XETRA) 30.04.2020

30.04.2020

Market Review

#ADS

 Global stock markets are recovering as the lockdowns are eased. The downward presumed correction (H8 wave) ended with a breakdown of the inclined channel. Breakout of the level 218 will result in the formation of an ascending wave pattern within the wave C of an ascending level H8 pattern. Stochastic Oscillator signals oversoldness.

Trading recommendations:

Buy above 218.00.

Stop loss: 200.00.

Target levels: 229.00; 244.00; 254.00.

The #ADS rate online: monitor the movement of the shares in real time.

Author: admin
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