Petro Welt Technologies AG : Back to the EUR 9.6 for a new impetus
By Sandra Pinturault
Entry price | Target | Stop-loss | Potential |
---|---|---|---|
€0 | €0 | €8.6 | +-NaN% |
Technically, the security is in an uptrend on all time scales. A comeback on the 20-day moving average and the short term support at EUR 9.6 should give a new impetus to the security to join the EUR 11.6 resistance again.
Therefore, investors will buy C.A.T. oil' stock at EUR 9.6 to aim a return towards EUR 11.6. A stop loss will be placed under the short term support.