Jenoptik gets ready for a Bull Run: Key Targets IdentifiedJenoptik (starting point: €17.20) appears to be preparing for a bullish movement in the medium to long term. While short-term volatility may lead to a retracement into the support range between €11.70 and €13.50, representing a potential correction of up to -32%. This zone is viewed as a strategic accumulation area.
From this base, we are eyeing the following targets:
€23.50 (+36% from todays price)
€26.00 (+51%)
€29.00 (+69%)
1JEN trade ideas
Trading Idea - JenoptikBUY
ENTRY: 27.10 EUR
TARGET: 30.00 EUR (+11%)
STOP: 24.80 EUR
1.) long term (H4) trend line rejection
2.) resistance level ahead. retest expected.
3.) TRIOPTICS has been part of the Jenoptik Group since autumn last year and is strengthening the portfolio for everything to deal with photonic technologies, testing and manufacturing technology for development, quality assurance and production.
4.) Jenoptik started with a solid order intake in the first quarter. In terms of profitability, the picture is still mixed.