MTX Simple Breakout2 days ago we have exceeded the bottom dd 18th August which is a support now. Nothing else to say. The principle is KISS here.
−0.92EUR
−99.91 MEUR
5.25 BEUR
About MTU AERO ENGINES AG (ADRS)
Sector
Industry
CEO
Lars Wagner
Website
Headquarters
Munich
Employees (FY)
12.17 K
Founded
1913
FIGI
BBG00LTSBT04
MTU Aero Engines AG is engaged in the development, manufacture and trade of aviation engine and components. It operates its business through the following segments: Original Equipment Manufacturing, and Maintenance, Repair and Overhaul. The Original Equipment Manufacturing segment develops, manufactures, assembles and delivers commercial and military engines and components. The Maintenance, Repair and Overhaul segment maintains, repairs and overhauls aircraft engines and industrial gas turbines. The company was founded by Karl Rapp in 1913 and is headquartered in Munich, Germany.
BnR Pattern at MTUThe news with respect to the turbine issue induces a sharp price slump. In the chart we have all characteristics of an BnR pattern with a downmove of one channel . Recently, also the price has reached and taken the minimum Fibo Retracement which is a necessary condition for a local bottom
ANALYSIS ON MTX/ Good probability of an uptrendGood morning! On this chart we have an uptrend that is emerging with this long wick candle and a large volume that is greater than all of them. You can see that on the chart...
MTU Aero ShortShort to retest and turn into a buy opportunity.
Potential Head and Shoulder with earlier take profit, buy and follow up sell.
As always I have to check for confirmation and adjust.
Hey Guys , who's want to check MTX?As the corp had to go trough some financial risks to save it self!
Let's put our self inside this race, and make sure to be there on time!
MTU Aero Engines (MTX - Xetra) - Impulse wave patternMTU Aero Engines (MTX - Xetra) is in ABC wave pattern from top in 2 hour time frame. It dropped in A wave in five wave sequence from major top in 2 hour time frame and corrected up in abc flat correction with c in five wave as shown in 60 min chart. Now C wave down will start, but wait till confirma
MTX - MTU AeroEngines ShortAfter the decision that the share will be taken into the German Dax there was an impulsive sell off which now corrected to make a retest at the previous support level.
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