My trading idea for #LINDE - Buy/LONG

Target: 292.00 EUR (+6% profit)

Linde PLC produces industrial gases which are afterwards used in various sectors such as the energy sector, steel production, chemical processing, environmental protection or medical therapies.

On 14.07.2022, an unusually large long position appeared in publicly available options trades. It is not clear whether it was an institutional investor or a wealthy private individual. What is clear, however, is that someone knows something positive is going to happen.

Apart from that, Linde has successfully tested the long-term support line this month. A further upward movement would be the consequence. My target is the annual POI around EUR 296.00.

http://www.traderherz.com - Algo Trading and Analysis

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