Thursday, May 17, 2007

What to pick from DAX30 in Germany?

Majority of DAX30 is quite overbought at least from short term perspective. But still there are some picks. I attached 6 months chart SAP AG (SAP.DE) which after disappointing results stabilise at 34 EUR. Technically, BUY from RSI, Bollinger Band. I place stop loss slightly below 6 months low (33 EUR).
Others stong buy Xetra picks are Munich Re (MUV2.DE), Deutsche Postbank (DPB.DE), BMW (BMW.DE).


0 Responses to "What to pick from DAX30 in Germany?"