Analysis Summary For The Linde Group (LIN)
Analysis Date: August 11th, 2023
Time Target: January 6th, 2024 (+/- 5 trading days)
Price Target: $435 (+/- $10)
Projected Move: 50% drop by August, 2024 (~8 months)
Our work shows that LIN will experience about 50% drop between January and August of 2024.
Trading Recommendation:
A short position should be put around $435 (+/- $10) which is expected to happen near January 6th, 2024. A stop loss should be placed at $450. If LIN pushes higher than this level, the overall forecast will fail. About 50% decrease should follow within 8 months into August of 2024.