Short term view - NOS SGPS : The major support has been breached.
The support has been broken, the trend becomes negative as we now have a succession of descending peaks and troughs.The next target is at €4.820. The invalidation level is above €5.400.Arguments :
- The major support has been breached.
- The moving average is capping prices.
Nos SGPS is a holding company which is based in Portugal. Through its subsidiaries, Co. operates as a provider of telecommunications and media services. Co.'s subsidiaries main activities are data transmission, cable and satellite television, and internet services.
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