Hello everyone,
A good opportunity has been detected on the COMMERZBANK stock.
After strong upward movement on the COMMERZBANK stock, the price
found resistance on a 123.6% Fibonacci extension level, pulled back and
is currently correcting to the downside.
We are expecting the price to reach approximately the 4.615 price
area, where we have a 50.0% Fibonacci retracement level, the 50 Moving
Average, the 100 Moving Average, as well as the lower bound of the
Bollinger Bands.
A good opportunity has been detected on the COMMERZBANK stock.
After strong upward movement on the COMMERZBANK stock, the price
found resistance on a 123.6% Fibonacci extension level, pulled back and
is currently correcting to the downside.
We are expecting the price to reach approximately the 4.615 price
area, where we have a 50.0% Fibonacci retracement level, the 50 Moving
Average, the 100 Moving Average, as well as the lower bound of the
Bollinger Bands.