Sunday, May 19, 2013

German DAX; RWE, ThyssenKrupp; Follow up

Last weekend I said the right company to invest would be RWE. After 1 week it looks like I was not right. This Friday the stock closed 1.6% lower than a week before. Is it time to sell? I do not think so. Overall the indicators still show a positive picture.

The other company I mentioned was ThyssenKrupp. I recommend to sell Monday morning and I was right. The stock closed this Friday on the same level like a week before. The paper did not gain anything.  But the ADX increased during the last days. The trend is getting stronger again. We might see an increase this week.

But as always: just my 5 cents.


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