Traderherz-Analytics

Trading Idea - #NORDEX

Long
XETR:NDX1   NORDEX SE
BUY!

ENTRY: 20.50 EUR
TARGET: 26.66 EUR (30% profit)
STOP: 17.00 EUR

Nordex is a Germany-based holding company that develops, produces and sells wind power parks worldwide.
The company offers the Nordex N90 / 2500, N100 / 2500 and N117 / 2400 wind turbines under the Nordex brand.

1.) Nordex receives another major order from Brazil
2.) There is too much pessimism on the stocks of European wind turbine manufacturers about inflation fears, the corona pandemic and logistical challenges. However, Nordex is well equipped to cope with the rise in raw material costs.
3.) With Nordex shares, the ratio of opportunities to risks is very favorable.
4.) 17.00 EUR is a strong support for the current situation!
Trade closed: stop reached

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