Recovery rally on the Dax puts short sellers under pressure

Dusseldorf The German stock market started a brilliant recovery rally on Tuesday. Of the dax gained the third consecutive day of trading and finally closed 3.8 percent or 461 points up at 12,670 points.

After the Frankfurt stock exchange barometer had reached a new low for the year last Wednesday, it then rose by more than 750 points. Bargain hunters made the start on Friday and Monday, using the meanwhile more favorable valuations to make purchases. This put other potential buyers under pressure, who are now faced with the decision to buy or to speculate on another setback – combined with the risk of having to pay even higher entry prices if this setback does not occur.

Read on now

Get access to this and every other article in the

Web and in our app free of charge for 4 weeks.

Continue

Read on now

Get access to this and every other article in the

Web and in our app free of charge for 4 weeks.

Continue

source site