Short term view - NOS SGPS : The moving average is capping prices.
The resistance has been passed, the trend becomes positive as we now have a succession of ascending peaks and troughs.The next target is at €5.249. The invalidation level is below €4.780.Arguments :
- The ascending support has been reached, it causes the bounce.
- The moving average is capping prices.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.