RHEINMETALL stock forum
RHM congratulations to those who are still in the trade. The trend up has been restored as it seems. Momentum is good. You should see >570 this summer I believe.
RHM like in a book... I am still surprised how does that work. Makes no logical sense. But it just works..
RHM seems like the old (blue) channel is braking and the new (green) channel is forming. No momentum though.. Would not be surprised to see ~480 this summer..
RHM How many tries it is gonna take to break out this channel? Insane. Just bouncing like into the wall since April.. But the price is squeezing into triangle with strong support. It has to break this channel till earnings report. My guess.
RHM found resistance at the top of the channel. Will it go through? Interesting moment. Is this channel going to be broken? Or are we going to see the bounce back off 500? 480? 440? I dont think 440 is very likely given the positive fundamentals, but would not be surprised to see the bounce into 480 before earnings report. But this is just TA, just voodoo magic. I look at TA just for fun.
RHM this company has a back-order catalog larger than the size of the company itself.. Just think about it..
RHM a big correction on the day , will dive deepRHM I am not sure if I like what I see from my TA. But I would not be surprised to see this stock skyrocket up out of this channel at the end of the summer. This company is growing rapidly, building factories, plenty of back orders.. Market cap is just 21.6B. I would not be surprised to see MC grow to 30B in just a few years.
RNMBF is a good buyRHM now the earnings didn't go well and we will see a drop down trend