EUCAR has broken a multi year downward trend with huge volume

The chart shows the current idea I am trading.

Handel aktiv:

EUCAR is 50%+ up from my entry. Considering following factors there could be more upside:
- High vaccination rate and travels restarting
- Recent news about Volkswagen takeover bid

0.50 will offer some resistance.

This is just my opinion not a trading advice. #DYOR

Kommentera:

Price got rejected at 0.50 and slowly inching back to test the resistance again. If it clears 0.50 the next resistance at ~72.5