CCE in Germany some thoughtsOverall we observe a constantly higher volume of CCE trading in Germany almost every day over the last month. The potential of CCE is well recognized at least if one follows the boards in Germany.
Recently, we were informed by the German PR person of CCE that there is NEWS to be expected very soon. I guess we are talking about the Res. update of the BR based on the recently released DRs that apparently has to be released 45 days after the DRs? Moreover, there might be something more according to rumours!
Interestingly the CCE chart is kind of going to form a “W” formation, some tech freaks think that we are in a bullish channel with a 90% chance of breaking through north, and some other technical indicators suggest that we might head north short term. Hence, there is quite some excitement on the German boards recently. However, this scenario is only valid if the overall market situation remains favourable to some extend and thus the earlier we get NEWS the higher the chances to validate these technical aspects.
Any thoughts to when we can expect a NR, since this I guess could bring us back to the 0,6-0,7 € range rapidly?
Best,
C.