#SIEMENS: Bearish Setup for Now

8 Jan

My indicator recently gave a SELL signal on #SIEMENS. Here's what the chart indicates:

📉 Technical Overview:
🔹 Triple top pattern formed—a bearish signal.
🔹 Trading below all key moving averages, which are sloping downward.
🔹 Indicates a digestion phase after a strong run-up in the past.

📊 Fundamental Context:
🔹 Fundamentals remain strong, so a reversal wouldn’t be surprising.

💡 My Take:
For now, the chart signals weakness, and I’ll wait for a positive setup before considering any action.

⚠️ Disclaimer:
🔹 This analysis reflects my personal views and is for learning purposes only.
🔹 Not a recommendation to buy or sell—please do your own research or consult a professional.

15 Jan

Trade aktif

📢 Trade Update: SIEMENS

Hello, Traders! 👋

Since my SELL signal on #SIEMENS, the stock is now down 6%. The chart continues to reflect weakness, aligning with the earlier analysis. Staying disciplined and watching closely for any potential setup in the future.

#StockUpdate #TradingView #MomentumTrading #SIEMENS