Medium term view - SEMAPA-SOCIEDADE DE INVESTIM : Prices are still making progress.
The background trend is clearly bullish. Prices are still making progress.The following targets are at €23.72 and €26.05. The trend would be invalidated below the support at
€17.13.
Semapa - Sociedade de Investimento e Gestao SGPS is an industrial group based in Portugal. Co.'s main activities are the production of cement and the production and sale of ready mixed concrete and clay, and the operation of quarries. Co.'s operations are organized along three industrial areas: Paper and Pulp (producer of bleached eucalyptus kraft pulp), through its holding in the Portucel Group; Concrets and Aggregates (a manufacturer of cement and its derivatives), through holdings in the Secil Group; and Environment (waste management involved in the collection, storage and treatment of animal by-products), through its holding in the ETSA Group.
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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