Trading Idea - #VARTA (the comeback)My trading idea for Varta - BUY Limit Order
Entry: 20.00 EUR
Target: 50 EUR (potential profit +150%)
StopLoss: 9.50 EUR
Varta in a dive. Analysts see the resignation of Herbert Schein as CEO as a new opportunity for recovery at Varta.
In the short term, the share price should fall further as volume declines are expected in the entertainment sector. The reason for this is the larger supplier line-up of the major customer Apple.
Varta
Trading Idea - #VARTA (Head+Shoulders formation)SELL
ENTRY: 132.40 EUR
TARGET: 83.55 EUR (37% profit)
STOP: 154.45 EUR
1.) Technically a head and shoulders formation could form.
2.) 135.00 EUR is a significant resistance level. Rejection expected!
3.) As expected, the battery manufacturer's start to the year was weak.
4.) VARTA and Allgäu Batterie enter into partnership for lithium-ion battery packs.
5.) VARTA develops mobile energy packages for everything from headphones to car
VARTA VAR1 breakout trade !!Hello Trader,
good mood and profitable trades !
VARTA VAR
1d chart
Long
Fib channels
Stoch oversould
Trigger - Waiting for breakout - bullback- or bullish confirmation on LTF
Target S/L and R/R in the chart
FUNDAMENTAL : Varta is researching new separators for Li-ion batteries
www.deraktionaer.de
Remember that things can change too .
If you like this idea , support me with likes and comments !!
Dyor and trade save !
Varta Trendanalysis: What's next?Hello everyone, in this trading idea we are looking at XETR:VAR1 .
The price is moving in an upwards trend with a recent correction back to the primary trendline. While the price took
another approach to break above the MA 50 & MA 200 with an accumulation in a triangle pattern,
we see that the bears took control of the price and we are aiming for the next support zone as a possible long entry.
The price reacts very strong to the primary trendline. There's also a price gap to fill, which could lead to a potential short-term trend reversal right after.
My potential buy-zone is located across the 110€ - 115€ level for a mid-term hold of at least 2 months.
The current downwards movement seems to loose it's strength, as we can see on the RSI. Nonetheless, the sellers are not done yet.
I will update this idea within the next days.
Cheers,
Ares
Varta with a big Comeback!Varta is a big player with energy storage systems.
The coming Solar boom will give them lots of income via their systems. They are helping retailers to get state or local funding.
From a TA viewpoint, daily just retraced back to the EMA 21 and attacking EMA 200;
daily MACD bullish Cross will happen next days (!!!)
thats a good comeback up fast with a 10% move to the 0,681 Fibo.
www.varta-ag.com
No trading advice, dyor and trade safe.
Gamestop 2.0 ?Varta has nearly 47% of its stock shorted.
My question : Is there a short squeeze possible?
