Fresenius

30 ส.ค.

Good monthly setup for Fresenius. Broke up descending channel, then confirmed. Now we have beautiful monthly candle giving probabilities for an upside move (hopefully above 34.60). The 3 years distance from MA shows almost the same (broke up, retest, now moving).

Very clear Fibonacci resistances around 41-44. It seems to me a good defensive play for long term. It pays nice dividend as well.

Always do your own research!