Update Market Analysis 2021/02/23 - Trelleborg B (TREL B)

Updated: Feb 24

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Market Analysis - Technical Analysis

Trelleborg B (TREL B) 2021-02-23 Chart

Technical Analysis: Trelleborg B

Due to the spread of Covid-19, we experienced a rapid decline from February to March 2020. Trelleborgs share price was supported by an important Fibonacci retracement level and then strongly rebounded to today being traded at previous highest levels.

Patrik Lindström

Market & Equity Analyst