I guess big money will hunt the stop loss orders at 105€ to create more liquidity and buy in big time. For the upside I do not expect much to happen in September and/or on any Friday.
0
Hope it will fall below 100€ for even better buying opportunities
1
Game over
3
Seems like the stock is entering the sideways moving consolidation phase. Hop on or be left out. ^^
looking on volumes, from march its half the usual, and last 9 days we are on 15% of this half or 7-8% of the March volume. I wonder who is trying to push or get rid of it at these prices
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anyway it looks more like forced sells, but other wont sell this such low but not many interested buyers now, holding with those bleeding buying the dips on way down. but some good news could kick this up. i remember it went 15E from 128 to 142 in few hours just by some rumors
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Sideways?? This is falling since 2021!
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Stop loss hunting at its best. Seems like we have reached the bottom. Note: Today 14h CET, IAA Mobility fair in Munich, the German PM Olaf Scholz is to publicly announce cutting the price for the industrial use of electricity ('Industriestrompreis') as well as a subvention of over 6 bn € for the German automobile industry. There is also talks of prolonging the subvention for buying EVs in Germany.
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Just seen on CNBC: Volkswagen is third biggest EV seller in China, after Tesla and BYD.
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98-99€ for buy
5
The net assets of Volkswagen are ~€300 worth per share (ordinary and preference shares altogether). The stock price now is one third of that. New EV models are rolling out. The German government is about to roll out measures to stimulate the domestic industry. There is a good equity story and great intrinsic value here that investors should recognise.