Today I am taking a look at the Hyundai chart. The situation is not acute at the moment, but for the watchlist.
- Hyundai was able to overcome important resistances with the last rally. - I expect a further positive development in the medium term. - The share price is currently in a correction - For a possible entry, the price still has to fall by approx. 25%.
The plan
- Entry at the golden pocket of the last rally - Support is provided by the MA200 - The buy zone is extended by the horizontal support of the horizontal support zone - The possible entry seems almost too good to be true. However, if the corresponding zone is not approached, I will not open a position here.