Share #5: $4X0 (-0,55%) : Steyr Motors
-> (further #aktientipps can be found as individual posts in my profile)
The share has been fluctuating for weeks between 48-50 €. With the recent JV in Singapore (€ 65 million sales / € 13 million EBIT over 5 years) and the C2 certification in China (+€ 100 million order potential by 2030) are now providing a fundamental tailwind.
📈 Setup idea
- Entry: Current level / pullback to € 48
- Stop: just below € 48
- Targets: TP1 = € 60 / TP2 = € 69
- Risk/reward ratio (R:R): very attractive (R:R > 16)
There is currently buying interest in the defense sector, where there could definitely be a strong momentum trade could emerge.
