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Rheinmetall on the verge of becoming a global arms giant.
by Tim Straiton
Rheinmetall (RHM) is currently trading at EUR 524.50 and is 37% above its 200 day moving average. It traded as high as 571 in early April 2024. The current short-term consolidation is likely to give way to further upside. The MACD reflects the fading downside price action.
Growth ambitions and future plans
Rheinmetall AG, a major player in the international arms market, is on a dynamic expansion path. In view of the strong demand for weapons and ammunition, particularly due to the...
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