Short term view - UTILITIES (STXE600) : Prices are breaking below the moving average, it is a sign of weakness.
Prices were consolidating in a pattern. They broke below the lowest threshold of that pattern. The trend becomes bearish. The target is at 286.43 pts. The invalidation is above307.10 pts.Arguments :
- The support has been reached, price reaction is very shy. It does not justify a...
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.