Rheinmetall share price wavers as it seeks to challenge Elon Musk's Starlink

Therefore, the stock will likely retreat, potentially to the neckline at €1,416, down by 22% below the current level. A drop below that price will point to more downside, pointing to more downside, potentially to the psychological level at €1,200. On the positive side, there is a likelihood that the stock could be forming an inverted head-and-shoulders pattern, which often leads to more upside in the near term. A move above the all-time high of €2,005 will point to more gains, potentially to the key resista ...