RWE share: Short-term long signal generated - financial expert recommends trading idea with open-end turbo warrant VX19YD.

RWE share: Short-term long signal generated - financial expert recommends trading idea with open-end turbo warrant VX19YD.

According to a report by www.finanzen.net, RWE shares are in a correction after reaching a high of EUR 42.23. Current price movements suggest that shares could continue to rise in the near future.

The development of RWE shares shows that they generated a short-term long signal after a bounce from the support around 40.00/40.25 euros and a rise above the 10 EMA. This suggests that the overall bullish move is likely to continue. The next resistance is at 41.73 euros and if the shares continue to rise, they could reach and exceed the historical high of 42.23 euros.

Based on this information, traders can speculate on a rebound in RWE shares and take a long position with an open-end turbo warrant from Bank Vontobel (ISIN/WKN: DE000VX19YD7 / VX19YD). The price target is in the area of ​​42.50 euros, while the stop can be set at 40.00 euros.

However, it is important to note that all investments involve risk. Before making a possible investment, it is advisable to read the relevant and legally binding securities prospectus in order to obtain as much information as possible.

This analysis shows that RWE's current price movements indicate short-term opportunities for traders. Through in-depth analysis and consideration of risks, investors can optimize their trading decisions.