Trading Idea - Siemens Gamesa
Updated
BUY
ENTRY:32.20 EUR
TARGET: 40.00 EUR
STOP: 28.26 EUR
1.) After a strong upward movement we see a correction/bounce to the 50% Fibonacci Retracement level! A trend continuation is expected!
2.) The business figures of the wind turbine manufacturer are solid overall.
3.) Biden's climate goals strengthen the wind and solar values in the USA. Siemens Gamesa should also benefit.
ENTRY:32.20 EUR
TARGET: 40.00 EUR
STOP: 28.26 EUR
1.) After a strong upward movement we see a correction/bounce to the 50% Fibonacci Retracement level! A trend continuation is expected!
2.) The business figures of the wind turbine manufacturer are solid overall.
3.) Biden's climate goals strengthen the wind and solar values in the USA. Siemens Gamesa should also benefit.
Trade closed: stop reached
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