Review: The index took advantage of the holiday-related absence of American market participants for a rise above the resistance area 13,200 to 13,250 points mentioned yesterday. Today, the index then starts trading with an upward price gap and recaptures the 13,400 mark. Outlook: American market participants will not start the new trading week until this…
Good morning, these are the levels I am watching today (until about 2/15pm) for a possible entry. The levels are not intended as a trading recommendation but rather as a guide for intraday traders. The economic data cited may trigger new impulses and should therefore be taken into account. Have a successful trading day! Henry…
Review: The small wave of euphoria in the morning with prices above 13,400 points gave way to initial profit-taking in the afternoon, despite a very robust Wall Street performance after the long weekend in the USA. This should turn out to be the first warning signal for the buy side this morning: The index starts…
The shares of TecDAX high-flyer Nemetschek have also suffered considerably in recent weeks. How should we assess the technical situation of the share? An analysis in the weekly chart of the share. 2021 Rally corrected The share price headed north in calendar year 2021 as if pulled by a string. Since the beginning of the…
Review: After a lethargic trading session, the bulls took command yesterday and temporarily lifted the index back into the 13,200-point range. However, after weaker purchasing managers’ indices from France, Germany and the euro zone, it already went back below the 13,000 mark this morning. Outlook: After the new movement lows this morning and the subsequent…
The purchasing managers’ indices published this morning from Germany, France and the euro zone came in below the expectations of the analysts’ guild and caused recession fears on the market on the one hand and interest rates to fall on the other. This in turn put pressure on bank shares – the shares of Commerzbank,…
Good morning, these are the levels I am watching today (until about 2/15pm) for a possible entry. The levels are not intended as a trading recommendation but rather as a guide for intraday traders. The economic data cited may trigger new impulses and should therefore be taken into account. Have a successful trading day! Henry…
Review: The index has been performing significantly weaker than its overseas counterparts for several days. While the S&P500 and the Dow Jones Industrial Average were able to recover significantly, the German benchmark index shimmied from one low to the next. Yesterday, the index fell back to the lower 12,800 area in after-hours trading, but recovered…
After the share price collapse at the end of February/beginning of March following the invasion of Ukraine by the Russian army, the stock was able to recover the bulk of its losses relatively quickly. Since the beginning of April, the bears then took command again and the entire price recovery was corrected again. Focus on…
Review: The week before last, I already published an analysis of the steel group, and the target price of €6.50 was almost reached. This is also due to the announcement made by the company last Friday that the IPO of its hydrogen subsidiary Nucera has been postponed due to the current market environment. The IPO,…
