Infineon Technologies AG

IFX prediction for May 2018

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Based on previous support and resistance zones, in combination with the fibonacci retracements I believe the market will re-enter the support box which would be the entry point to buy, after which I think the market will retrace back to a prior resistance at approximatly 22,45. I trade options myself so for people out there who agree with the prediction I would buy a call at strike price 22,00 with an expiration in may or june.

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