Medium term view - A2A (ex: AEM) : The correction is gaining traction.
The background trend is clearly bullish. The correction is gaining traction.It is too early to qualify this action as a bearish reversal. The trend would be invalidated below the support at
€1.3165.
A2A is a multiutility company. Co. primarily operates in the following sectors: the production, sale and distribution of electricity; the sale and distribution of gas; the production, distribution and sale of heat through district heating networks; waste management (from collection and sweeping to disposal) and the construction and management of integrated waste disposal plants and systems, also making these available for other operators; and integrated water cycle management.
DayByDay is an independent research company providing global macro and single stock analysis, recommendation and allocation based purely on behavioural finance methods. Those include long term cycle analysis, sentiment analysis, and technical trigger. DayByDay serves all clients in need of practical and precise publications to make effective market decisions, on any time horizon, from a few hours to a few years.
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