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tz-plus logo Thales Confirms Growth Expectations via Pre-Close Call. New Swing Trading Opportunity?

J. Meyer
Reading Time: 2 minutes

The European defense stocks have been a sector trend since the beginning of the year. After several days of consolidation, new long signals are emerging. Thales breaks the previous day's high and positions itself for a possible big picture breakout from the multi-month sideways range. Technology as a State Lifeline Thales occupies the interfaces between defense, aerospace, and security. In the space sector, the joint venture Thales Alenia Space dominates with high-tech satellites for Earth observation and quantum communication (SAGA mission)....

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