Short term view - AUTOGRILL : The bounce is gaining strength.
The background trend is clearly bearish. The bounce is gaining strength.It is too early to qualify this market action as a bullish reversal. The background trend would be questioned should prices rise above €10.000.
Autogrill is a provider of food and beverage services for travelers. With its operations in North America, Italy and other European countries such as France, Belgium, Switzerland and Germany, Co. maintained a presence in 30 countries where it managed more than 4,500 points of sale in over 1,200 locations as of Dec 31 2013. Co. operates in the food and beverage and retail sectors at airports, motorway rest stops and railway stations, under contracts known as concessions. Co. provides to its customers a selection, including both proprietary products and concepts (such as Ciao, Bistro, Bubbles, Beaudevin and La Tapenade) and third-party concepts and brands.
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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