Short term view - DAIMLER : The 62% retracement is causing the bounce.
The trend remains neutral. Prices will have to break above the peak at €69.82 for the trend to be positive again with an invalidation level below €66.00.Arguments :
- The 62% retracement is causing the bounce.
- The Stochastics are rising.
- The moving average is supporting...
Daimler provides a range of transportation products, including passenger cars and commercial vehicles, and also financial services. Co. operates in five segments. Mercedes-Benz Cars sells passenger cars and off-road vehicles under the Mercedes-Benz brand and small cars under the smart brand. The Daimler Trucks distributes its trucks (Mercedes-Benz, Freightliner, FUSO, Western Star, Thomas Built Buses and BharatBenz). The vans of the Mercedes-Benz Vans segment are sold under the brand name Mercedes-Benz and Freightliner. Daimler Buses sells completely built-up buses (Mercedes-Benz and Setra). The Daimler Financial Services division supports sales of Co.'s automotive brands.
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