Infineon. AG: Bullish trend , medium-term long movement
Short-term correction to dynamic support levels of 50 EMA
Price action signal bullish pin bar
50 EMA above the 100 EMA and price above them - strong positive sentiment.
Fundamental: The inclusion of more and more computer technology in all sectors of the economy, in particular the automotive and communication is leading to increasing use of semiconductors and processors. That increases the revenues of all companies in the industry. We can say that this is the time of semiconductor and technology companies.
Stefan D. Angelov - Head of Stocks Trading
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