R3NK - +30% upside with 1:2.5 RRNice set-up and due a reversal play for the first run since Feb 2024.
RENK trade ideas
RENK "Long" is the trade of year ! Disclaimer: This is not a financial advise.
RENK is a new IPO for German defense industry however the company was found in 1873 in Augsburg.
They produce back-bone parts of the German 21st century mighty war machine "Leopard 2".
Also have to note here, that Germany is about to pour in billions of euros for producing armed vehicles and RENK produces most important components of all of them !
They would also give payout potentially a dividend for first time.
According to my analysis, buy these shares as much as possible while they are cheap.
Do not leverage, cause could be really high volatility
Trade safe, Trade good, Make money !
