Short term view - JULIUS BAER GROUP LTD : Without trend
The previous significant trough has been broken. The trend now is neutral. Should prices move back above this level, we would face a false signal.Arguments :
- The resistance has been reached, it causes the fall.
- Prices are breaking below the moving average.
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.
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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