Report
Louis AZAIS
EUR 104.42 For Business Accounts Only

Short term view - ABB LTD : The moving average is supporting prices.

The previous high has been passed, the bullish trend is confirmed. The next target is at CHF 27.00. The invalidation level is below CHF 24.60.

Arguments :
- The support has been reached, it causes the bounce.
- The resistance has been passed.
- The moving average is supporting...
Underlying
ABB Ltd.

ABB specializes in power and automation technologies. Co. provides a broad range of products, systems, solutions and services that are designed to boost industrial productivity, increase power grid reliability, and enhance energy efficiency. Co.'s automation businesses serve a full range of industries with process optimization, control, measurement and protection applications. Co.'s power businesses focus on power transmission, distribution and power-plant automation, and support electric, gas and water utilities, as well as industrial and commercial customers.

Provider
Day By Day
Day By Day

​​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.

Analysts
Louis AZAIS

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