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:
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...to-continue-in-2022/
It could be good try to get in a position with Thyssen Krupp.
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:
- www.nytimes.com/2021...e-steel-tariffs.html
- trade.ec.europa...press/index.cfm?id=2271
- apnews.com/article/d...12bfa9038f9622b35250
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...to-continue-in-2022/
It could be good try to get in a position with Thyssen Krupp.
Comment:
Bought at 9.55 €