Mazdock Ready for a Move after RestingStrong RS
Consolidating with Low Volumes since 75 days
Fundamentally Strong
Price Squeezed Really Tight
Shipbuilding
Huntington Ingalls: Cup with Handle with 89% Upside PotentialHII is a Shipbuilder US Defense Contractor that has formed a Cup with Handle Pattern with MACD Hidden Bullish Divergence, and it is currently breaking free from the handle and will soon challenge the Cup's Horizontal Resistance. If it breaks out, HII could nearly double up in value all the way to $480 as it goes for the measured move.
COCHIN SHIPYARD long near 1035 COMPANY HAS TRUCK LOAD OF ORders , maybe im attemptin to enter too early into the retracement but afraid might miss the bus again in shipbuilders like grse and mazdgaon dock , which hardly retraced
sl below 985
ThyssenKrupp AG bullish scenario:The technical figure Triangle can be found in the daily chart in the German company ThyssenKrupp AG (TKA.de). ThyssenKrupp AG is a German multinational conglomerate with focus on industrial engineering and steel production. The company claims to be one of the world's largest steel producers; it was ranked tenth-largest worldwide by revenue in 2015. It is divided into 670 subsidiaries worldwide. In addition to steel production, ThyssenKrupp's products range from machines and industrial services to high-speed trains, elevators, and shipbuilding. Subsidiary ThyssenKrupp Marine Systems also manufactures frigates, corvettes, and submarines for the German and foreign navies. The Triangle broke through the resistance line on 03/09/2022, if the price holds above this level, you can have a possible bullish price movement with a forecast for the next 20 days towards 6.964 EUR. Your stop-loss order, according to experts, should be placed at 5.374 EUR if you decide to enter this position.
Company debt is a non-issue for ThyssenKrupp. The company has over €8B in available liquidity of which €6.5B is in Cash and equivalents, which is almost 2X the company's total liabilities gross of leases. What's more, these maturities are well-laddered going beyond 2025-2026.
Fundamentally speaking, there are no immediate cash dangers to the company. Yet the chaotic nature of the past 10 years makes the company's low credit rating completely understandable. Still, ThyssenKrupp is a leading material processor and service provider across the western world.
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