VARTA AG

VARTA AG

 

You all probably know the Varta firm. It is a German firm that makes batteries and has a fine fundamental.

As you can see a big triangle is broken and the price is in the pullback phase.

 

Summary of analysis and signal : 

Entry point: 150

stop-loss: 134

Take profit 1: 170

Take profit 2: 190

Take profit 3: 220