The 1. Chapter of Rheinmetall2 areas marked (green rectangle) where i plan to buy for the long term. Not sure if those area will be reached with the current sentiment but i dont want to buy without a retrace.
+ aswell on a retake of the blue line as shown with the blue arrow
Targets:
Closing 20% of the position every 25% of stock increase
Fundamentals:
- Increase of military budget Germany + other NATO Nations
- War in the Ukraine
RHM trade ideas
World militarisation?Rheinmetall looks bullish for couple of next decades. If no extension, it looks like it passed middle of its projected growth. Since I am from Ukraine this picture looks horrendous.
Huge leep was made on 28th of February, 4 days after the invasion. Not on 24th. Perhaps, after "smart money" understood that it is not a 3 days conflict and RHM production will be in demand in the nearest time.
For now it looks lie the whole impulse is coming to an end. Started from Mar.2020. That seems like a kinda positive news.
But the whole wave picture still implies that future for RHM is bright. Whatever that means... Anyway, just couple of guesses what that can mean: 1. WW3. 2. Europe will become separate power apart from the US. As Zbigniew Brzezinski wrote in his books. 3. The world will be bying RHM products more as one proven to be good.
Rheinmetall bullish ascending triangleThe ascending triangle points to a potential increase in the value of Rheinmetall's stock. These indicators include a bullish trend in the stock's price over the past several months, positive momentum, and strong support levels. Additionally, historical data shows that Rheinmetall's stock tends to perform well during times of military threats or escalations, which may indicate that current global events could be contributing to the stock's upward trend.
Hopefully, the war in Ukraine will come to an end, but Rheinmetall is still looking strong, possibly indicating an upcoming real-world event.
It is important to note that technical analysis is not a guarantee of future performance and should be considered alongside other forms of analysis such as fundamental and news analysis. Additionally, it is also important to consider the company's overall financial health and any recent company-specific news or announcements.
#RHM to 228€?Hello dear Traders,
Here is my idea for #RHM
Price closed above yellow line (previous month high)
Price closed (15min Chart) above purple trigger line to enter trade.
Targets marked in the chart (black lines)
Invalidation level marked with red line
Good luck!
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Rheinmetall AG (RHM)On August 05, 2021 there will be the Q2 2021 Earnings Release. Rheinmetall has won a major order from the German Bundeswehr in the armoured vehicle domain (Puma Infantry FV), representing sales volume of well over half a billion euros. We still believe that the company can represent a good financial diversification of the portfolio, with an entry of around 76.00 euro.
Rheinmetall AG (RHM)On 18 March there will be the annual report. The Defence segment offers vehicle, infantry equipment, protection and weapon systems, air defense systems, function sequence networking as well as simulation hardware and software. The Automotive segment supplies engine blocks, plain bearings and pistons.