Infineon Long @ 11,26
Updated
Daily Close above MA200 opens potential to 14,50€
Comment
it worked well today, MA13 made it through MA21 -> expecting further long potential.tomorrow is important for the further days and weeks, we need a confirmation for what happened today, not just in IFX but in the GER30 (DAX) as well.
Comment
Building a "shooting star" on daily basis one should be careful with opening long positions. My long trade is already well saved with SL @ 11,27.
I am a bit more sceptical now, according to the GER30 (DAX) the IFX also didn´t went quite well today.
Normaly a stronger long day has to follow when certain averages cross. According to my comment yesterday it seems like a bull trap at the moment. But this is only for the short term CFD trade, taking a longer term look at the stock I am still very optimistic.
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