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Porsche Holding: Bottom formation 🔄

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PORSCHE AUTOMOBIL HOLDING SE (XETR_DLY:PAH3)  
MarketIntel  
XETR_DLY:PAH3   PORSCHE AUTOMOBIL HOLDING SE
Trend Analysis Chart Patterns Wave Analysis porsche porscheholding PAH3 DAX Index german chartanalysis waveanalyses
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trendanalysis chartpattern waveanalysis porsche porscheholding pah3 dax german chartanalysis waveanalyses
The Porsche Holding share price is approaching the 78.60% retracement of the magenta target zone between €56.44 and €36.61. Here, we expect the low of the magenta wave 2, which has been dragging on since 2021. With the low formed, a reversal should then take place, and the price should rise well above the resistance at 60.18€.

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