Short term view - WENDEL INVEST. : The moving average is supporting prices.
The previous high has been passed, the bullish trend is confirmed. The next target is at €122.28. The invalidation level is below €109.50.Arguments :
- The major support has been reached, it causes the bounce.
- The resistance has been passed.
- The moving average is...
Wendel is an investment company specializing in acquiring long-term holdings in industrial and services companies. Co.'s activities can be divided into six main divisions. Through Bureau Veritas, Co. provides conformity assessment services and certification. Through Stahl, Co. is engaged in high performance coatings and leather finishing products. Through Saint-Gobain, Co. manufactures, transforms and distributes construction materials. Through Legrand, Co. specializes in electrical and digital building infrastructures. Through Deutsch, Co. provides high-performance connectors. Through Materis, Co. provides specialty chemicals for construction.
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