Report
Jérôme VINERIER
EUR 110.87 For Business Accounts Only

Short term view - SNAM RETE GAS : Prices are still making progress

The background trend is clearly bullish. Prices are still making progress but there is less power in the movement.
The next resistance is at €3.869. Breaking below the support at €3.340 would invalidate the trend.
Underlying
Snam S.p.A.

Snam is engaged in the construction and integrated management of natural gas infrastructure. It manages the gas systems, develops infrastructure and provides integrated services for the market. Co. is also engaged in natural gas transportation, storage, regasification and urban distribution. Co. manages a national transportation network, including eight storage facilities, one regasification plant and a local distribution network.

Provider
Day By Day
Day By Day

​​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.

Analysts
Jérôme VINERIER

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