Allianz has started 2023 very positively. First quarter results are solid, shares buyback has been announced, together with a good 5% ish dividend and further investments. I am looking at entering a long position for the long-term. In case of short-term downfall (1 or 2 years from now), there will be possibility of cost-averaging the position.
If you want to...
Looking at entering long positions in the next week or so to target 4400.
Economical data are still looking strong and the graphic is showing bullish momentum.
Intraday scalpers may have an interesting end of the month as volatility is increasing.
