Kumowizard

Is Siemens Energy building a base?

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XETR:ENR   SIEMENS ENERGY AG
Looks like some kind of base, but we need a bullish breakout and price action to confirm the idea. For now price is still in the thin Kumo, but holding nicely above Kijun Sen.

It is very simple: it needs a break and close above 24.45, where we have the very important weekly Kijun Sen too. Set an alert there.

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