Daimlerchrysler in focus
Shares of DCX rose 2% to 64.09 after announced it placed a 7.5% stake in EADS with a public-private consortium; the company also expects to cut about 1,000 salaried staff at its Chrysler Group unit when it announces its turnaround plan next week. Looking at the chart the stock still trading in a Bull mode with all indicators showing Bullishs momentum. Next resistance is at 64.90$.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
That's all. Have a nice evening !!!!
AC
Labels: DCX
