VW - The rise and fall of a giant
FUNDEMENTALS
Volkwagen - the people's car, once upon a time this was the world's most valuable automobile company. So what happened to this car manufacturing giant? Unfortunately, they had installed software to cheat emissions test, causing a 40% drop in the stock price. That was back in 2015 and once again we are approaching are the same price level once again.
What does the future hold? Can they survive the competitive landscape of this industry, with the rise of the Chinese EVs? Can the tariffs have a meaningful impact and save this business from collapse?
TECHNICALS
Looking at the price chart, this is a great example of Elliot Wave theory. I think we are only getting started and there's lower to come. I have been short since 150 Euros and will compound my short with any rips that may occur. Restructuring plans and cost saving might bring a relief rally, which is where i'll be looking to add more to my position.
DYOR, not financial advice.
Volkwagen - the people's car, once upon a time this was the world's most valuable automobile company. So what happened to this car manufacturing giant? Unfortunately, they had installed software to cheat emissions test, causing a 40% drop in the stock price. That was back in 2015 and once again we are approaching are the same price level once again.
What does the future hold? Can they survive the competitive landscape of this industry, with the rise of the Chinese EVs? Can the tariffs have a meaningful impact and save this business from collapse?
TECHNICALS
Looking at the price chart, this is a great example of Elliot Wave theory. I think we are only getting started and there's lower to come. I have been short since 150 Euros and will compound my short with any rips that may occur. Restructuring plans and cost saving might bring a relief rally, which is where i'll be looking to add more to my position.
DYOR, not financial advice.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.