Infineon Technologie
Delayed Frankfurt - 10/19 05:35:29 pm

Helped by a technical support level

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Anas Lozach

Strategy published on : 12/07/2017 | 09:24

long trade
Target price hit

Entry price : 22.845€
Target : 24.7€
Stop-loss : 21.9€
Potential : 8.12%

The medium term support area around 22.03 EUR should allow Infineon Technologies shares to re-establish an upward trend in the short term.
Investors have an opportunity to buy the stock and target the € 24.7.


● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.


● Graphically speaking, the timing seems perfect for purchasing the stock close to the EUR 22.03 support.

● Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.

● Thanks to a sound financial situation, the firm has significant leeway for investment.

● Historically, the company has been releasing figures that are above expectations.

● Sales forecast by analysts have been recently revised upwards.

● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.

● The tendency within the weekly time frame is positive above the technical support level at 20 EUR 2018
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