Talanx is a German multinational financial services company headquartered in Hanover, Germany. Its core businesses are reinsurance, insurance and asset management. Talanx is Germany's third-largest and one of the major European insurance Groups by premium income. The Talanx AG price is bullish. The RSI is in overbought territory, and the MA50 crossed over the...
Talanx's peers in the German market Munich RE and Allianz have since the COVID19 sell off in February 2020 recovered better than Talanx. Talanx will likely close this gap soon.
Talanx experienced a golden cross a couple of days ago, and with a rising RSI it is likely that Talanx will move towards 37 EUR over the coming weeks.
Long position entered in 32.13
Stop...