$IFX: Infineon Technologies Provides an Opportunity in a Pullback
@Elliottwave_Forecast:
$IFX: Infineon Technologies Provides an Opportunity in a PullbackNovember 6, 2022ByEWF Helgi Infineon Technologies AG is a German semiconductor manufacturing corporation. It has been founded 1999 as a spin-off from Siemens AG and the headquarteres of the company are in Neubiberg, Germany. Today, Infineon belongs to the DAX index and one can trade it under the ticker $IFX at Frankfurt Stock Exchange. The company is the world leader in automotive and power semiconductors. Worldwide, Infineon counts more than 50’000 employees. In theinitial article from April 2021,we have called for an extension higher within cycle from March 2020 lows. Since then, the market has advanced from €35.60 to €43.845. Now, the stock price is correcting that cycle providing an opportunity to ente