Infineon: The share now starts a new rise!

The Infineon share has started to move up and this could also be the basis for a trend. The current value climbed again to approx. 19 Euro. The MACD has shown a sell impulse. If we look at the CCI, we see that it has left the overbought area and now appears to have returned to neutral territory. The ADX is such that the upward trend continues to appear strong.

The movements on the 4 hour chart!

The Infineon chart shows a sideways trend. This will probably also soon be confirmed by the ADX. The CCI is showing an oversold area here. But now the line is out of this area again. The MACD is likely to converge into a buy-signal soon. Currently the price seems to want to climb again. Let’s see how it goes on here.

support by the moving average (200)!

The hourly chart shows an upward trend, but the sideways movement is still superior. In the short term, however, there are opportunities. This is also indicated by the indicators. There was a buy signal in the MACD.

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A post by Maximilian Weber.