MTU perfectly bounces off the support line – a technical trend reversal is underway. A 30% price potential is available!
Reading Time: 2 minutes
New opportunities arise with stocks of companies from sectors that benefit from declining oil and gas prices. Currently, the USA and Iran are negotiating a deal that is expected to include a gradual opening of the Strait of Hormuz. Once this happens, the oil price will shift into a successive downward trend. MTU benefits from falling oil prices MTU would be a typical winner if oil prices decline. Lower fuel costs for airlines alleviate concerns that there is less financial room for new acquisitions. At the same time, fears that fleets will remain...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
