Search
Products
Community
Markets
News
Brokers
More
EN
Get started
THYSSENKRUPP AG O.N.
Long
Updated
Jun 7, 2021
Watchlist: Thyssen Krupp
3
Grab this chart
Grab this chart
Jun 1, 2021
Thyssen 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:
nytimes.com/2021/05/17/business/us-europe-steel-tariffs.html
trade.ec.europa.eu/doclib/press/index.cfm?id=2271
apnews.com/article/donald-trump-europe-global-trade-business-government-and-politics-d15e1a5a273112bfa9038f9622b35250
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/global-steel-price-rally-to-continue-in-2022/
It could be good try to get in a position with Thyssen Krupp.
Jun 7, 2021
Note
Bought at 9.55 €
smoki99
Follow
Technical Indicators
Trend Analysis
smoki99
Follow
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
.