Short term view - ROLLS-ROYCE HOLDINGS PLC : Pull-back
In our previous short term analysis (18/11/2016), we were negative.We remain negative with a target at 586,9 p and an invalidation level at 707 p.
The bullish trend may be reversing to bearish.
Arguments :
- Prices are pulling back to the resistance level (previously a...
Rolls Royce Holdings is an engineering company. Co. is organised into five businesses: civil aerospace, which develops, manufactures, markets and sells commercial aero engines and aftermarket services; defense aerospace, which develops, manufactures, markets and sells military aero engines and aftermarket services; power systems, which develops, manufactures, markets and sells reciprocating engines and power systems; marine, which is develops, manufactures, markets and sells marine-power propulsion systems and aftermarket services; and nuclear, which develops, manufactures, markets and sells nuclear systems for civil power generation and naval propulsion systems.
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