Medium term view - STAPLES INC : Major support reinstated
Our previous opinion was bearish.We remain neutral.
Our invalidation level has been triggered, we turn neutral.
Arguments :
- The major support has been shortly breached, but it is now reinstated. Prices can bounce.
- The RSI displays a bullish divergence.
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.