Trading Opportunities: HEIG, UT, XL
Markus Gabel | Sep 20, 2016 09:18AM ET
HeidelbergCement (DE:HEIG)
HeidelbergCement is among the leading global manufacturers and dealers of cement, concrete and building materials. The international activities of the company are run in a decentralized manner in six strategic regions with operative responsibility. The core activities of HeidelbergCement comprise the production and distribution of cement and aggregates, the two essential raw materials for concrete.
The price of this stock, however, seems to slowly be crumbling. The price most recently reached the €84.22, and has been in a very young downtrend since then. The correction zone runs between €80.98 and €83.58. The price is located precisely in this zone and is showing the first DowHow signals, which indicates a continuation of the downward trend. With a stop above the red box, one can speculate on just such a continuation.
United Technologies Corp (NYSE:UTX)
United Technologies Corp. (UTC) is an internationally present technological conglomerate whose companies are primarily active in the sectors of aerospace and aviation, passenger transport as well as security and cooling systems. The company’s products are used by NASA, the military industry, government clients, major banks, museums and public transport.
As the chart at hand shows, we have a strong stock here. The price is moving upwards in the large trend, formed the last high at $109.83 and is showing the first signs of recovery after the last setback. The value dove deep into the green zone and the DowHow signals are also appearing. With a stop beneath the green zone, one could speculate on the continuation of the upward trend.
XL Group plc. (NYSE:XL)
XL Group plc. is one of the leading providers worldwide of insurances, reinsurances and further financial products. Here, the company focuses primarily on customers in the areas of industry, trade, services and insurances.
The chart is showing the current strength of the company, since in the short term, we are in a stable upward trend. The correction zone here runs between $33.60 and $31.97, and the DowHow signals are showing the possibility of a continuation of the trend.
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