The share of Fox SE (WKN: A3E5D6) had a 3-year high of EUR 49.70 in January 2021 long-term downtrend established of them except for one 10-year low at EUR 24.20 in June 2022. The subsequent medium-term uptrend promoted the listing in three waves except for one recorded in March 14-month high at EUR 39.62. Since then, the share certificate has been in the correction mode and was able to feel in the haze of rising 200-day line stabilize and one multi-week soil form. After Removal of the previously capping 100-day moving average in the past week the value is currently trading above all relevant moving average lines. The technical focus is now on the corrective downward trend line currently at EUR 37.56. A sustained rise above this at the end of the day would be a pro-cyclical indication of a resumption of the overarching upward trend. This scenario would be confirmed if the horizontal resistance zone of EUR 38.92/EUR 39.62 were overcome. If successful, possible next targets would be activated at EUR 41.39/42.10 and EUR 43.18/43.64. Looking to the downside, the price has potential next support areas at EUR 36.29 and EUR 34.76-35.35. The short-term bias favors the bulls as long as the latter zone is not undercut by the daily close. Below that, plan to see the EUR 32.66-33.46 support area again.