MICHELINPembelian
Trading Idea - Michelin
Diupdate
Buy
Entry Level: 121.35 EUR
Target: 130.00 EUR (+7 %)
Stop: 115.35 EUR
1.) The price of the Michelin share is returning to the support line, which corresponds to the lower level of the diagonal trading range. This results in a good timing for new purchases.
2.) upward trend fully intact
3.) Michelin plans to add about €14 billion to its annual revenues by 2030, by recovering from a pandemic-induced slowdown and diversifying beyond its tyre-making heritage into new activities including hydrogen power and medical devices.
Entry Level: 121.35 EUR
Target: 130.00 EUR (+7 %)
Stop: 115.35 EUR
1.) The price of the Michelin share is returning to the support line, which corresponds to the lower level of the diagonal trading range. This results in a good timing for new purchases.
2.) upward trend fully intact
3.) Michelin plans to add about €14 billion to its annual revenues by 2030, by recovering from a pandemic-induced slowdown and diversifying beyond its tyre-making heritage into new activities including hydrogen power and medical devices.
Trading ditutup: target tercapai
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