Short term view - DISTRIBUIDORA INTERNACIONAL : Weak reaction on the support
In our previous short term analysis (26/10/2016), we were neutral.We remain neutral.
An intermediate consolidation is interrupting the trend.
Arguments :
- The support has been reached, price reaction is very shy. It does not justify a positive opinion.
- Prices are too...
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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