NDD46

Sartorius: Target 180 Euro?

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XETR_DLY:SRT3   SARTORIUS AG
After subsequent negative news, we see again a important floor broken and a falling knife movement. There are two different patterns indicating a move towards 180 or into a side movement corridor between 168 and 196 which is again 15 to 30% downwards potential. It's an ABC pattern (not a perfect one) as well as the side range which includes a local double top. The side range/ideal target of this is nearly the same as the ABC target: Approx. 182 Euro.
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