Medium term view - AIRBUS GROUP NV : The rectangle has been triggered, the target has not been reached yet.
The trend is still bullish, but it could slow down. Indicators are overbought. The next target is at €80.89. The invalidation level is below €57.03.Arguments :
- The resistance has been reached, price reaction is very shy. It does not justify a negative opinion.
- The rising...
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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