Short term view - APRIL GROUP : The MACD displays a bearish divergence.
Peaks and troughs overlap, they still define a bullish trend but it could also be an exhaustion. The next target is at €15.07. The invalidation level is below €13.20.Arguments :
- Prices are pulling back to the major support level (previously a resistance). The rise will resume...
April Group designs, sells and manages insurance products through distributors, managers, insurers and reinsurers. Co. divides its activities into four divisions: Health and Personal Protection, Property and Casualty, International (mobility/assistance) and Protection and Legal Services. Health and Personal Protection designs, manages and distributes individual and collective policies; Property and Casualty designs, manages and distributes property and casualty policies for individual clients; International division (mobility/assistance) designs, manages, and distributes policies for individuals and businesses settled abroad; and Protection and Legal Services focuses of legal activities.
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