Two targets already hit, the third still open: Siemens at a crossroads

Siemens AG is at week 7 of a buy trade up 8.54%. 2 of the 3 targets of our most advanced model have been hit in weeks 5 and 7, with the third still open toward week 10. The confirmation week closed bearish — a signal worth heeding — and the IQS Phase at 43 out of 100 in ordinary territory describes a moment of transition.