Medium term view - EMERSON ELECTRIC CO : The major support has been reached, it causes the bounce.
In our previous medium term analysis (18/07/2016), we were bullish.We remain bullish with a target at 59,8 $ and an invalidation level at 48,9 $.
The bearish trend may be reversing to bullish.
Arguments :
- The major support has been reached, it causes the bounce.
- The...
Emerson Electric is a company that brings technology and engineering together to provide solutions for customers in a range of industrial, commercial and consumer markets around the world. The company 's segments are: Automation Solutions, which provides measurement and analytical instrumentation, valves, actuators and regulators, industrial solutions, and process control systems and solutions; Climate Technologies, which provides products and services for residential heating and cooling, commercial air conditioning, commercial and industrial refrigeration, and cold chain management; and Tools and Home Products, which provides tools for personnel and homeowners and appliance solutions.
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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