Medium term view - ATLANTIA SPA : All-time-high
The trend is still bullish, the invalidation level is below €24.35. The target is at €31.15.Arguments :
- Prices made a new all-time-high, this confirms the strength of the trend.
- The rising moving average confirms our opinion.
Atlantia is a holding company with subsidiaries and associates whose business is the construction and operation of motorways, airports and transport infrastructure, parking areas and intermodal systems, or who engage in activities related to the management of motorway or airport traffic.
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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