On Friday TecDax favorite Sartorius AG underwent a fail breakout. So I will follow the short consolidation up to the FIB level representing the lower line of the symmetrical triangle. I assume that strong resistance may likely hold a third time, so that risk for loss is acceptable. To cover the trade, I used a put KO 1.31% warrant with a leverage of 7.
P/E: 25 Consensus Forward P/E: 14 Dividend Yield 2.46% Average target price 118 € (28 analysts) The company's pending acquisition presents unique risks to investors. Hence, share price was plummeting over months. Price bottom was reached after positive news about the Monsanto deal was going to be spread, market strong bearish sentiment (e.g trade war fears) waned...
Good opportunity here to see price movement. Lufthansa has dropped by -5.61% since the last trading day. The average target price for this stock calculated by the analysts is €31.10 (provided that market is in bull mode). Deutsche Lufthansa has a trailing twelve months PE ratio of 8.5 and P/CF is 4.5 (which is better than the industrial sector average)...
Go long at monthly demand zone around 106.50 on Siemenes #SIE German Stock. Clear big picture long bias with demand zones being created, nothing to be removed to the left at all time highs. Previous monthly demand held very well a couple of retests.
after a long correction we can se an breakout with EMA50 Support. Could be good chance to buy. Target over 60€