Profit forecast upgrade drives momentum bulls to new highs!
Aurubis impresses with a stable upward trend, relative and absolute strength, as well as the breakout to an all-time high!
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Aurubis AG captivates investors over a 12-month horizon with a price increase of around 120%, a medium-term trend strength of 4.6%, and a stable upward trend. The breakout to new highs currently reinforces the momentum. On January 28, an earnings forecast upgrade was announced in response to strong copper demand and high metal prices. This has sparked further buying interest among investors. Although the risk of temporary setbacks may be increasing, a consolidation could provide new entry opportunities for investors to position themselves for the...
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