Short term view - AIRBUS GROUP NV : The major resistance is close.
The trend is still bearish. No indicator nor pattern are questioning it. The invalidation is above €74.65. The target is at €66.99Arguments :
- The support has been breached.
- The major resistance is close.
- The moving average is capping prices.
- The rounding top has...
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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