Traderherz-Analytics

Trading Idea - Siemens Gamesa

Long
XETR:GTQ1   None
BUY
ENTRY:32.20 EUR
TARGET: 40.00 EUR
STOP: 28.26 EUR

1.) After a strong upward movement we see a correction/bounce to the 50% Fibonacci Retracement level! A trend continuation is expected!

2.) The business figures of the wind turbine manufacturer are solid overall.

3.) Biden's climate goals strengthen the wind and solar values in the USA. Siemens Gamesa should also benefit.
Trade closed: stop reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.