Medium term view - AIRBUS GROUP NV : The resistance has been passed.
The previous high has been passed, the bullish trend is confirmed. The next target is at €66.92. The invalidation level is below €49.30.Arguments :
- The major support has been reached, it causes the bounce.
- The resistance has been passed.
- The moving average is supporting...
Airbus is an European Aeronautic Defense and Space company whose core business is the manufacturing of commercial aircraft, civil and military helicopters, commercial space launch vehicles, missiles, military aircraft, satellites and defense systems and defense electronics and the rendering of services related to these activities. Co. organizes its businesses into the following five operating divisions: Airbus Commercial, Airbus Military, Eurocopter, Cassidian and Astrium. In addition, Co.'s Other Businesses division engages in the development, manufacturing, marketing and sale of regional turboprop aircraft and aircraft components.
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