A bleeding week ahead?We finished the green structure, and might just be in the means to set up the orange structure. i see a nice shorting opportunity here to bring us down to the purple correction level, which is the point in the charts i plan on entering my long position for the coming months.Shortby xSamu_TA220
The only direction is up.Sometimes, you can enter a trade without an overarching structure or a correction level guiding the direction. This is a prime example. After an intriguing sideways movement, marked by almost textbook ups and downs, we saw the range break briefly to the downside—a classic range spike, or as some call it, a fakeout. This fakeout has trapped short-sellers, and as their positions get liquidated, they’ll fuel upward momentum. Interestingly, the range spike ended precisely at the resistance line of our broader structure, highlighted in red. Given this, I don’t expect us to revisit the target level, and the structure is effectively complete. This is an ideal spot for a long position. Even without bullish structures forming, the chart has only one direction to go from here—up and to the right.Longby xSamu_TA0
Thyssen Krupp possible wave 4 in processIf the next low is higher than wave 1 or A, it means we have a probable wave 4 in process. Let's see if there is a reaccumulation. Even if this hypothesis fails, the stock is still cheap. The company is not making money, but why should we care about it? LOL. I like the stock. Germany is in the edge of a possible recession, so the economic cycle is not helping here. So, not many positive things, but that's why it's cheap now. If there wasn't any recession fears and the company would be making a lot of money, we wouldn't see these prices.by NicolasRZ0
TKA - 20 YEARS LOW - CONTRARIAN STORYThyssenkrupp: A Potential Contrarian Investment Thyssenkrupp is indeed an interesting case for contrarian investors. The German conglomerate has faced significant challenges in recent years, including restructuring, debt burdens, and operational issues. This has led to a decline in its share price and a negative market sentiment. Reasons Thyssenkrupp Could Be a Contrarian Investment Deep Value Potential: Due to the company's struggles, its stock price has been significantly depressed. If Thyssenkrupp can successfully implement its restructuring plans and improve its financial performance, there's potential for significant upside. Divestiture Plans: The company has been actively divesting non-core assets to reduce debt and focus on its core businesses. Successful execution of these plans can lead to a leaner, more profitable company. Industrial Upcycle: A global economic recovery or an upcycle in industrial sectors could benefit Thyssenkrupp's core businesses, leading to increased revenue and profitability. Technological Advancements: The company has been investing in technology and innovation. If these efforts bear fruit, it could position Thyssenkrupp as a leader in its industry. Risks to Consider Execution Risk: The success of Thyssenkrupp's turnaround plan depends on effective execution. If the company fails to meet its targets, the stock price could decline further. Economic Downturn: A global economic downturn could negatively impact Thyssenkrupp's business and financial performance. Industry Challenges: The industrial sector faces various challenges, such as competition, rising costs, and regulatory hurdles.by StockBlog2
RetracedThe top of the retracement of the decline between May and September 2022 on 23rd January 2023 has been reached again and may serve as a resistance now. Another attempt down may be expected.Shortby motleifaulUpdated 2
Nothing sexy but.......a very nice symmetrical triangle Watch for the pattern to break. The price should continue its path downwards however a false break upwards may try to spook you. Watch the volumes carefully to confirm. DYORShortby TigerHeavy0
Further research Do it!clearly stated profit targets and all that..........Longby DCAChampionUpdated 7
ThyssenKrupp AG bullish scenario:The technical figure Triangle can be found in the daily chart in the German company ThyssenKrupp AG (TKA.de). ThyssenKrupp AG is a German multinational conglomerate with focus on industrial engineering and steel production. The company claims to be one of the world's largest steel producers; it was ranked tenth-largest worldwide by revenue in 2015. It is divided into 670 subsidiaries worldwide. In addition to steel production, ThyssenKrupp's products range from machines and industrial services to high-speed trains, elevators, and shipbuilding. Subsidiary ThyssenKrupp Marine Systems also manufactures frigates, corvettes, and submarines for the German and foreign navies. The Triangle broke through the resistance line on 03/09/2022, if the price holds above this level, you can have a possible bullish price movement with a forecast for the next 20 days towards 6.964 EUR. Your stop-loss order, according to experts, should be placed at 5.374 EUR if you decide to enter this position. Company debt is a non-issue for ThyssenKrupp. The company has over €8B in available liquidity of which €6.5B is in Cash and equivalents, which is almost 2X the company's total liabilities gross of leases. What's more, these maturities are well-laddered going beyond 2025-2026. Fundamentally speaking, there are no immediate cash dangers to the company. Yet the chaotic nature of the past 10 years makes the company's low credit rating completely understandable. Still, ThyssenKrupp is a leading material processor and service provider across the western world. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.Longby legacyFXofficial1
TKA short or hold for several monthsI have a few shares and decided to make a chart. I am not a professional and this is not financial adviceby FelixTheWhale10
Watchlist: Thyssen KruppThyssen Krupp fall down on the current sidewards channel, which may be a bull trap and an oportunity to buy right now. MACD turned positiv today, which signals a buy. Steel is in high demand right now and other products. In the mid/long range inflation, should give Thyssen better prices for it steel. Embargo against europeans steel may fall: www.nytimes.com trade.ec.europa.eu apnews.com This all may be benifical for Thyssen Krupp if shipment of steel (with higher prices) will be possible to US. Steel rally may continue: steelnews.biz It could be good try to get in a position with Thyssen Krupp. Longby smoki99Updated 3
Short TKATKA has been overbought for a while now and a correction is increasingly likely. One possibility is that the price and the EMA 200 meet at 7.60-8.00 euros . With the idea shown, there is a good risk-reward ratio and one can limit the losses well. What is your opinion? Do you agree with me or not? I would like to point out that this is for information purposes only and is not intended to be copied.Shortby Nofzke0
EARNINGS TOMMOROW - THYSSENKRUPP Lets do it ! Longing from current levels ! Fingers crossed for results ! Longby UnknownUnicorn50265903
Thyssenkrupp AG (TKA - Xetra) WXYXZ wave pattern Thyssenkrupp AG (TKA - Xetra) is moving down in WXYXZ wave pattern. The price already broken down X wave triangle and moving down in Z wave as ABC internal three wave down sequence. The stock is in downtrend compared to DAX. It is in wave A downtrend and will go further 3rd wave down after wave 2 once completed. Shortby EWFcwUpdated 5
Thyssenkrupp AG (TKA - DAX) - sell for 5th wave downThyssenkrupp AG (TKA - DAX) is in downtrend. The 5th wave down shown in chart is in progress. Sell below 5.34 after breaking down that level with stops above 5.75 for new low as target. It is much under-performer to DAX index.Shortby EWFcwUpdated 6
TKA several reasons to go LONGReasons: 1) trend change 2) first step FIBO36.2 , if we will reach this with a strong candle, we can add a second possition to 3) 3) second TP FIBO 50% 4) stoch and volatility are in a up trend.Longby Dinoide1
ThyssenKrupp long scenario - technical long signalThyssenKrupp with a long scenrio - with TP o a area of 12.95 - 13.65/75 euro per share. SL area on a 10,85 euro lvls. by Comparic113
Potential Bullish Divergency on TKAXETR:TKA On weekly and daily timeframe a bullish divergency is evolving. As soon as the Elder Impulse is going blue or green it is a great opportunity to go long. Entry: 12.65 Exit: 11.50 Target: 15Longby brazo581Updated 1
Analysis of Thyssenkrupp AGThe numbers don't say anything good for Thyssenkrupp. The KGV is currently 1600 and the profit is turning back to a minus. My forecast says you should sell. Shortby Trader24550
ThyssenKrupp AG BUY 20.50After the announcement of the joint venture between ThyssenKrupp and TATA Steel, will help the European seel maker to evade the 25% imposed tariff on European steel producers that the US have announced in the previous month. This fundamentally can boost the price to reach 25.45 in the next 2-3 months, adding on the fact that the price per share is seen as undervalued in relation to industry competitors and the average price of German competitors. Info possible but not ultimate values: Entry: 20.50 Take Profit: 25.45 Stop Loss: 16:45 Longby TheTrade_AcademUpdated 4