Short term view - DISTRIBUIDORA INTERNACIONAL : The background trend is clearly bearish.
The background trend is clearly bearish. Prices are falling again, but the movement has become hesitant.The next support is at €0.6400. The background trend would be questioned should prices rise above €1.8000.
Distribuidora Internacional De Alimentacion is a supermarket and convenience store group based in Spain. Co. is engaged in the retail trade of food through cut-price self-service supermarkets and franchise establishments. Co. is engaged in the operation of stores located in Spain, France, Portugal, Turkey, Argentina, Brazil and China.
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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