Short term view - ABN AMRO GROUP NV-CVA : The rising moving average confirms our opinion.
In our previous short term analysis (21/09/2016), we were positive.We remain positive with a target at 23,1 € and an invalidation level at 19,84 €.
The bullish trend unfolds.
Arguments :
- The major resistance has been breached.
- Prices made a new all-time-high, this...
ABN Amro Bank NV is a bank based in the Netherlands. The Bank provides various financial products and services across a variety of channels, including its Mobile Banking app and Internet Banking. The Bank's product portfolio includes insurances, mortgages, savings, investments, loans and payments, among others. The Bank serves retail, private and corporate clients worldwide.
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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