IONOS Attempts Breakout. Digital Sovereignty as a New Growth Opportunity in the Cloud Solutions Segment!
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In the TraderFox model portfolio, we increased our position in IONOS (i) (WKN A3E00M) back to 200 shares last week. Nevertheless, we are 48% in book profit. Warburg Pincus had sold its remaining stake of 8.7% at €24.55, removing an overhang in the supply. The three placements had previously restrained the stock's price. Currently, IONOS is showing relative strength. From a technical analysis perspective, a breakout could occur at €26. The level is being attacked, and due to the exciting story, the stock is expected to achieve a successful breakout....
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