infineon reached all time high and buy point! the price of chips will soar , Leo said .. disclaimer
XETR:IFX has a good potential to go up and is showing signs of bullish strength although more confirmation is needed. Before one considers to buy , I think closing considerably with a bullish candle above the green line (17.6 ) is needed as a confirmation .Once we break that level , it is likely to be heading towards around the 19 area and once we close...
Recently we have a good outlook for chips globally, we saw TSMC perfoming pretty good today so i was looking for another good oportunity and found Infineon to be a nice choice. They have a good Portfolio with chips for AI, Cars and post quantum Cryptography so there is a good market for this. On the Chart i see a small dip which could provide us a save entry and a...
Since a while Infineon has been in my focus for some time. Everything is going on to plan First targets would be € 22 later € 28. Same schedule like LPKF AG.
Infineon seems to have finished a primary 4th wave correction. It looks like a zig-zag. Wave C equals wave A. If the price does not go under the yesterday low, than I would guess it has begun a primary 5th wave. If it goes under, that means the correction is not finished. Much depends also on the overall performance of the DAX either. DAX has left a final fifth...
Daily Close above MA200 opens potential to 14,50€