Short term view - JULIUS BAER GROUP LTD : The background trend is clearly bearish.
The background trend is clearly bearish. The negative MACD confirms the trend. The rise is a consolidation that will soon bump against the level at CHF 46.89.The next target is at CHF 43.32, then CHF 40.94. Passing CHF 51.28 would question the continuation of the fall.
Julius Baer is engaged in private banking activities primarily in Switzerland, Europe, Asia and South America. Co. focuses in private banking, which includes certain internal supporting functions which serve entirely the core business activities.
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