Volkswagen: Expected To Test Its Support Level At Approximately 180-182

Today’s instrument is the Volkswagen AG‘s stock traded on the Xetra exchange under the ticker VOW and (VWAGY) in New York. 


Looking at the VOW‘s chart, we can see a sharp fall from the €191 range to below  €184 due to the debut of the Porsche AG.

Today we could expect it to test its support level at around 180-182, and if it cannot pass it, then an upward reaction should be expected towards the level of 188-190.

Volkswagen AG

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Disclaimer: Trading is risky. Information presented herein is not to be construed as a solicitation or an offer to buy or sell any Financial Instrument or to participate in any trading ...

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