Short term view - VISCOFAN SA : The trend is bearish.
The trend is bearish. The movement goes on.The next target is at €48.48, then €47.85. Passing €66.20 would question the continuation of the fall.
Viscofan is the parent company of the Viscofan Group. Co. is divided into two major operational subgroups. The companies comprising the Naturin GmbH subgroup are engaged in the manufacture and distribution of artificial casings (small and big diameter collagen and plastics) for the meat industry. Through its wholly-owned subsidiary IAN, S.A., Co. also manufactures and distributes canned vegetables (asparagus, olives and tomato).
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