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Instrument: DE30
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 16029.2 with take profit at 16070.1.
Bearish Preference:
Sell position is envisaged if price trades below 15961.1 with take profit at 15922.5 .
Fundamentals:
No major fundamental
Comment: Germany stocks were lower after the close on Friday, as losses in the Financial Services, Telecoms and Consumer & Cyclical sectors led shares lower. The best performers of the session on the DAX were Deutsche Bank AG NA O.N. (DE:DBKGn), which rose 1.78% or 0.216 points to trade at 12.366 at the close. The worst performers of the session were Delivery Hero AG (DE:DHER), which fell 13.50% or 13.26 points to trade at 84.94 at the close. Puma SE (DE:PUMG) declined 2.58% or 2.65 points to end at 100.10 and HelloFresh SE (DE:HFGG) was down 2.56% or 1.56 points to 59.34.
Analysis: SCRUM Team
