Volkswagen's preferred shares have shown a strong recovery, gaining 9.9% in January and approaching the significant 200-day moving average for the first time since June. To maintain this upward momentum, the stock must surpass the September high of EUR 98.70 and the 200-day line at EUR 98.76, with a target of breaking EUR 100. Conversely, if it falls below the October high of EUR 95.80, further declines to around EUR 90 could occur.