Medium term view - BANCO POPULAR : The falling moving average confirms our opinion.
The trend is still bearish, the invalidation level is above €1.360. The target is at €0.680.Arguments :
- The support has been reached, price reaction is very shy. It does not justify a positive opinion.
- The falling moving average confirms our opinion.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.