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Trading Idea - Deutsche Telekom AG, 27-11-2023
Trading Signal: #D-DTE
| Order | Buy |
| Direction | Range Bound |
| Pattern | Bullish rectangle breakout |
| Interval | 4 hours |
| Length (Candles) | 10 |
Idea Summary
The medium term Deutsche Telekom AG stock price forecast is bullish. The #D-DTE price has breached above the resistance of a rectangle chart pattern above the 200-period moving average MA(200). Most likely the price will continue rising while there is a likelihood it may reverse and start declining.
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