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Henkel (HEN3.DE) – Value company with the opportunity for Long Term investment

Post Views: 222 HEN3.DE – D1 The price was in a steady upward trend after the Sell off due to COVID and registered a key break of the main downward diagonal, forming a trend from mid-2017. Henkel is characterized as a cyclical company that benefits from recovery from economic crises and makes better profits in the post-crisis period – as we are. The uptrend is expected to continue, and the current break of the long-term downtrend + short-term correction provides a good opportunity for long-term purchases. Technique : – 23.6% Fibonacci correction – 50 and 200 SMA bulls located – Price of 50SMA – Double Bottom activated in the drilled diagonal test < br> Graphics : SL: 83.55 Alternative scenario:…

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