Putting Infineon on my watchlist for a possible upward move, like it was in November.
If it crosses again the MA200 (4h) and the MACD turns positiv, an upward trend is possible.
Currently infineon is downward since it is also in the tech portfolios, which have a down move together.
But infineon is also a major company producing semiconductors for the automobile industrie, which has high demand on semiconductors (which are short right now) and car sells going up this year.
So infineon maybe completly undervalued, since it is an industry leader in a segment with high demand and their customers want to buy.
Long, but we may wait this week or two, to be sure it will happen now.
Unjustified down pressure is possible for the tech segment, which we should be aware of.
If it crosses again the MA200 (4h) and the MACD turns positiv, an upward trend is possible.
Currently infineon is downward since it is also in the tech portfolios, which have a down move together.
But infineon is also a major company producing semiconductors for the automobile industrie, which has high demand on semiconductors (which are short right now) and car sells going up this year.
So infineon maybe completly undervalued, since it is an industry leader in a segment with high demand and their customers want to buy.
Long, but we may wait this week or two, to be sure it will happen now.
Unjustified down pressure is possible for the tech segment, which we should be aware of.