Short term view - LINDE AG : The MACD is rising.
The resistance has been passed, the trend becomes positive as we now have a succession of ascending peaks and troughs.The next target is at €165.20. The invalidation level is below €149.90.Arguments :
- The resistance has been passed.
- The MACD is rising.
Linde is a gases and engineering company based in Germany. Co. operates through two divisions. The Gases division provides a range of compressed and liquefied gases as well as chemicals. Co.'s gases are used in the energy sector, in steel production, chemical processing, environmental protection, and welding, as well as in food processing, glass production and electronics. The Engineering division is engaged in industrial plants construction globally, focusing on market segments such as plants for the production of hydrogen and synthesis gas, air separation and olefins as well as plants for natural gas treatment.
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