Upsize potential for VAG (VOW) due to EV sales

Pembelian

VOLKSWAGEN AG ST O.N. (XETR:VOW)

Diupdate

XETR:VOW VOLKSWAGEN AG ST O.N.

fundamental trendanalysis waveanalysis vw volkswagen vag ev electromobiles vow

VAG shows potential for doubling its share value in the next year due to EV sales.

Fundamentals:
VAG outplaced TSLA in Europe by sales of EVs in 2022 and has strong momentum which is backed by models ID.4 and ID.3 will continue.

Technicals:
- potential ending C (from ABC) -wave on weekly
- with the potential to end at the top of the channel on weekly - about 400 EUR/share
- 0.382 retracement from the spake in 2008 is at the same 399 level.

Komentar:

SL 130, TP 400 ensures Reward/Risk 2.6 which is a decent one.
Graphic scale is logarithmic.

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