Traderherz-Analytics

Trading Idea - Siemens Energy

Long
XETR:ENR   SIEMENS ENERGY AG
BUY

ENTRY: 24.42 EUR
TARGET: 30.00 EUR (+22% profit)
STOP: 22.18 EUR

Siemens Energy AG is active in energy technology. The company focuses on the planning, development, manufacture and delivery of products, systems and services in the field of renewable energies with a focus on wind turbines.

1.) W're hitting on the bottom of a strong support area (24.50 - 26.50)! A rejection is expected! Watch out for that!
2.) Target ist at 30.00 EUR which is the overall most traded price! The point of control! I expect a return to this level!
3.) Orders in the Gas & Power business and sales can still be expanded. However, the order-to-sales ratio was strong in Q1.
4.) The focus at Siemens Energy is clearly on margin recovery. In order to achieve this, the business must focus on increasing profitability. They can do it!
5.) The profitability of business activity is a major weakness of the company.
Trade closed: stop reached

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