For over half a year, traders have been witnessing the epic rise of Germany’s Dax index (DE30), recently passing $18,000 (USD). For decades, the index, a beacon of Germany's corporate power, seemed invincible, with its German companies all reaching new peaks. But beneath this veneer of German engineering and strength, the foundations are shaking. Germany's robust...
Fundamental Analysis EBITDA: +7.2% YoY (to €990M in 2023) Margin: 11.8% (-0.2 points YoY) Net Income Group Share = 357 (+6.3% YoY) PER: 1680 / 357 = 4.71 (heavily undervalued considering below data and historical PERs) Net Gearing (Net Debt To Equity Ratio, ): 526/3462 = 0.15 (15%, Prudent) Total Debt To Equity Ratio: 5383 / 3462 = 1.55 (around 1 to 1.5 is...
Fundamentals for European shopping mall REITs have improved dramatically and they are coming out of a 9 year old long bear market, now appearing to break out out a consolidation pattern formed in the past 3 years. What initially started as revenue cannibalization and retail death due to e-commerce was followed by COVID, and then a perfect storm of higher interest...
DAX (DAX Index): XETR:DAX We recognize that our analysis might diverge from other analysts', but our assessment clearly indicates that the DAX is currently in an overarching Wave 4, visible on the weekly chart within a multi-year scenario. This holds unless we surpass the 18,000 level. If we move beyond 18,000, a reevaluation and recount would be necessary....
Strong bounce after breaking previous low. I expected it to go even lower, but I think a jump up is in the cards now
European retail is bouncing back with vigor... Trading at 80.8% below our estimate of its fair value Earnings are forecast to grow 28.45% per year Earnings grew by 394% over the past year My target is still around $30 30 euros... However, after this 50% rise, I'm afraid the squeeze will run out of steam and shorts will take over again...
The uptrend is strong, price is close to some Supply but it is not fresh and not quite there yet. This is a great Demand level. Can consider holding it through the high at 371 as well.
Hey traders, my first target was touched as i predicted on my last post. Right now i'm waiting for a more accurate reason to buy more, as we see the channel broke, let s see if this holds up and maybe going further, retesting the previous resistance of the channel and bouncing from it.....in my opinion would be a good reason to aquire more shares, let s see what...
The market is on uptrend, this is a great Demand to join the trend.
Hello everyone, this is not a usual trading analysis. So don't take any trades from monthly levels, as you can't manage the risk at all. What you can see is my try to figure out how the DAX went through different states of price development and really interesting to see is, that every big crisis ended one phase and opened a new one. In my point of view we are...
Bullish Butterfly is already in progress and there is also a possitive divergence at RSI.
Given NATO admonition to political leaders to prepare for possible confrontation with Russia in 5 years and the deterioration of the situation in Ukraine, the EU has decided a massive plan of arm production where states are the customers of defense companies. defence-industry-space.ec.europa.eu The SIPRI Arms Industry Database lists all major producers...
5th wave pivot identified. Price reversal and pivot from the end of wave 4. Price is slightly above support level at 104.5 but could wick down and bounce from that level back to TP of 111
Hochtief AG is a German construction company based in Essen, North Rhine-Westphalia, Germany. Hochtief is Germany's largest construction company and operates globally, ranking as one of the largest general construction companies in the United States through its Turner subsidiary, and in Australia through a 90% shareholding in CIMIC Group. Screener buy/long candidate.
Short Term Elliott Wave view in DAX suggests cycle from 1.17.2024 low is in progress as a 5 waves impulse. Up from 1.17.2024 low, wave ((i)) ended at 17049.52 and pullback in wave ((ii)) ended at 16830.28 as the 30 minutes chart below shows. The Index then rallies higher within in wave ((iii)) with internal subdivision as another impulse in lesser degree. Up from...
Full year 2023 earnings: Revenues in line with analyst expectations Full year 2023 results: Revenue: €40.5b (up 7.7% from FY 2022). Net income: €5.16b (up 4.2% from FY 2022). Profit margin: 13% (in line with FY 2022). Revenue was in line with analyst estimates. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a...
Volkswagen’s shares have been on a downward trajectory for about three years now, dropping by more than 50%. However, after finding a bottom (presumably) in October 2023, the company’s stock has been ticking higher and forming an upward-sloping channel. While it is yet to be seen whether these shares have really bottomed out, certain developments might boost the...
The market is on an uptrend. There is no Supply above, maybe I can join the trend with this 4H Demand zone.