Exciting Chart Pattern: Is Engine Manufacturer Deutz a Secret Beneficiary of Rising Defense Spending?

On Thursday (May 8), there was an interesting article in the Financial Times (FT) about the German mid-sized companies. This article explores the defense market. In light of geopolitical uncertainty, the Ukraine war, and the energy crisis, German mid-sized companies are increasingly focusing on defense contracts. Companies are trying to capitalize on rising European defense spending to open up new sources of revenue. Defense is no longer a taboo subject. One mentioned company is Deutz. It is a manufacturer of drive systems for off-highway applications...