PUMA DOWN? (delisted from main index DAX / DEU40 today)

The stock was delisted from the main german stock index DAX (DEU40 / GER40), taking effect on Dec 19, 2022.

I will sell the stock if the candle CLOSES below the down trend line on daily basis, using a (european) knock out certificate. It's a kind of short selling in the US.

On Friday 16, the volume got extremely high which let me think of an exhaustion of the bulls.


THIS IS NOT A TRADING ADVISE! DON'T TRADE IT. IT'S JUST AN IDEA WHAT COULD HAPPEN. ALWAYS MAKE YOUR OWN DECISIONS! YOU ARE SOLELY RESPONSABLE FOR YOUR DECISIONS.