Short term view - MUENCHNER RUECK : Resistance reached
In our previous short term analysis (19/08/2016), we were positive.We remain positive with a target at 184,37 € and an invalidation level at 171 €.
The bullish trend unfolds.
Arguments :
- The resistance has been reached, price reaction is very shy. It does not justify a...
Muenchener Rueckversicherungs-Gesellschaft is engaged in reinsurance, primary insurance and asset management. Co.'s international life business is written in the Life Division. The Global Clients and North America division manages accounts with international insurance groups. The Europe and Latin America division manages property-casualty business in Europe, Latin America and the Caribbean. The Germany, Asia Pacific and Africa division conducts property-casualty business in Germany, Africa, Asia, Australia and the Pacific Islands. The Special and Financial Risks division manages the classes of credit, aviation and space, agriculture, enterprise and contingency risks.
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