Infineon is currebtly at the top of a descending channel and just below a strong volume and ichimoku resistance. I think that it may decrease to the next support and then, maybe, to the fibo retracement. This analyse is not and advise and is not for financial investment.
infineon reached all time high and buy point! the price of chips will soar , Leo said .. disclaimer
XETR:IFX has a good potential to go up and is showing signs of bullish strength although more confirmation is needed. Before one considers to buy , I think closing considerably with a bullish candle above the green line (17.6 ) is needed as a confirmation .Once we break that level , it is likely to be heading towards around the 19 area and once we close...
Recently we have a good outlook for chips globally, we saw TSMC perfoming pretty good today so i was looking for another good oportunity and found Infineon to be a nice choice. They have a good Portfolio with chips for AI, Cars and post quantum Cryptography so there is a good market for this. On the Chart i see a small dip which could provide us a save entry and a...
Since a while Infineon has been in my focus for some time. Everything is going on to plan First targets would be € 22 later € 28. Same schedule like LPKF AG.
Infineon seems to have finished a primary 4th wave correction. It looks like a zig-zag. Wave C equals wave A. If the price does not go under the yesterday low, than I would guess it has begun a primary 5th wave. If it goes under, that means the correction is not finished. Much depends also on the overall performance of the DAX either. DAX has left a final fifth...
Daily Close above MA200 opens potential to 14,50€