Volkswagen - soon ready for the next bullish period (?)
Today I will look at Volkswagen (VOW3).
VW has had a very tough period especially with the transition to building electric cars and uncertainty especially with european legislation and market regulations. (not a complete fundamental analysis, please search for more fundamentals elsewhere!)
My Elliott wave perspective tells me that we are closing in on a potential pivot point from where the share price could easily double and this could provide us with an excellent trading opportunity for the next years.
VW has had a very tough period especially with the transition to building electric cars and uncertainty especially with european legislation and market regulations. (not a complete fundamental analysis, please search for more fundamentals elsewhere!)
My Elliott wave perspective tells me that we are closing in on a potential pivot point from where the share price could easily double and this could provide us with an excellent trading opportunity for the next years.
註釋
I´m not happy with the white count as the wave 4 is overlapping and entered the price range of wave 1 in white. Maybe a chart with more historical data could have allowed me to correct this.
註釋
We could also deal with a double 1-2 setup for a wave 3 extension. VW had its IPO in 2001 but the company is much older and previous market data can not be taken into account for this chart analysis. If we indeed will see a wave 3 extension then prices will rally quite a bit in the future.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。