Trading Idea - Infineon Technologies
BUY
Target: 42.00 EUR (18%)
Stop: 33.00 EUR
1.) H4 chart:Strong and fully intact uptrend since April 2020
2.) Production constraints at suppliers have undoubtedly affected sales. The strength of the automobile market and the internal capacity of the group could lead to an exceeding of the forecast for the year.
3.) In view of the rapid implementation of e-mobility, we assume that the semiconductor company will be able to exceed its medium-term goals. The Bavarians are also picking up speed in the SiC (silicon carbide) sector.
Target: 42.00 EUR (18%)
Stop: 33.00 EUR
1.) H4 chart:Strong and fully intact uptrend since April 2020
2.) Production constraints at suppliers have undoubtedly affected sales. The strength of the automobile market and the internal capacity of the group could lead to an exceeding of the forecast for the year.
3.) In view of the rapid implementation of e-mobility, we assume that the semiconductor company will be able to exceed its medium-term goals. The Bavarians are also picking up speed in the SiC (silicon carbide) sector.
Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.