Technical analysis office: Repsol, ACS, Cellnex, Plata, Delta Airlines, United Airlines, Boeing and Airbus
Next, we give answers to the values for which we have been asked the most throughout the morning. José María Rodríguez, technical analyst at Bolsamanía, analyzes Repsol, Cellnex, Plata, Delta Airlines, United Airlines, ACS, Boeing and Airbus.
Good Morning. I would like, if possible, an analysis of Repsol since its market is based on fuels and until now world mobility has been very low and with the "new normal" and the revival of tourism, the annual rise in the price of fuels by the summer holidays and the general displacements of the population, can we think that Repsol is on the rise? Thank you very much. J.B.
Dear investor, good afternoon. Everything you He says it makes perfect sense, but markets are more difficult than that. Sometimes markets behave as logic would dictate. But rarely does the truth. In the end, Repsol will recover when the block oil sector does. No more no less. In fact, the rebound from the March lows came when the news couldn't be worse. So do not try to look for the logic of the movements of the bags because they do not tend to follow logic as a general rule.
That said, what happens to Repsol it's the same thing that happened to IAG. That he has not been able to close the weekly bearish gap in mid-March, at 9.05 euros. The gap has been completely filled, but it has not been closed or what is the same canceled. Only when this gap closes will we leave the door open to the possibility that something may finally be beginning to change at the oil company. But in the meantime everything is still part of a simple rebound (reaction phase). Thanks to you, greetings.
Good Morning. I would like you to analyze Cellnex in the short and medium term. Thank you very much, greetings. L.VM.
Dear reader, good afternoon. Of Cellnex not much to say as this is an absolute free-rise title. Without resistance of any kind. And therefore, with its intermediate corrections / pauses, it is only possible to continue betting on the increases. Let's say Cellnex is what a server calls a "boringly bullish" title, in the sense that not much can be said about it. But at the end of the day it is a clear example of what we always say about buying strength from the market, not weakness. It is a clear keep in portfolio. Thanks to you, greetings.
Hi, I have options on silver and it is doing weird things after the steep fall in March. What technical opinion does he deserve? A greeting. R.G.
Dear investor, good afternoon. Well I don't see that erratic movement of the silver that you comments. What's more, right at this moment we have attacking the upper part (resistance) of a lateral-bearish channel through which the price has been moving since 2016. From which it follows that, if the 'younger brother' of gold manages to jump above the resistance of the 19 dollars (and if it is in weekly candles better than better) we will have an important signal of strength in silver. And we place the next major resistance in the price range between $ 25-26 as a target for the coming months. A greeting.
Dear José María, I have been investing in the stock market for a short time and I am following the office, the video analyzes, as well as your Twitter profile (@rodriguezjoma). Recently, I saw your comments on Boeing and American Airlines. I wanted to ask you, if you are so kind, to look at the other North American airlines: Delta Airlines and United Airlines. Greetings and thank you. G.G.
Dear reader, good afternoon. Delta Airlines It has been deploying a broad side since the February-March crash. In the short term, this seems to have headed towards the support area that it presents at $ 25 (61.8% of the last rise) and the bullish gap at the end of May at around $ 22.70. Above, on the resistance side, we have the June highs at $ 37.24. In short, we are still without a return figure of any kind and the only thing to grasp in the short term is the possibility that in the mentioned support range the title will try to brake the falls to restructure again to the upside. But little else. At the end and the canoe we have the price in nobody's zone, halfway to the wide side where the price has been moving since March. Let's say it is not a title that you would have in your portfolio right now.
As to United Airlines, the graph is a copy of the Delta Airlines that we have just analyzed. Only that the short-term support, coinciding with the 61.8% adjustment / retracement is at $ 30. A priori, around this support and given the significant daily oversold we do not rule out that it may try to rebound strongly. But otherwise, everything the same. Of course, it has an important resistance at $ 49-50, coinciding with the highs of June and with the bearish gap in mid-March. Thank you very much, greetings.
Good Morning. First of all, congratulations on your section. I would like to consult what supports and resistances I have to look at in ACS. Thank you very much and good day. J.AV.
Dear investor, good afternoon. ACS it is clear to maintain if it is inverted from below, but entering now I do not see it. It is one of the values that has risen the most in the rebound since the March lows (+ 125%) and as a general rule we will never enter a title that has risen as much without a correction / proportional adjustment of the previous rises. In the short term we find the most important support area at the June lows (20.18) and as resistance we have 25.62 euros. Being the most important resistance the bearish guideline that joins the last declining maximums and that passes through the 30 euros at the present time. Thanks to you and equally gentleman.
Hello. My question is, how do you see the actions of the Airbus-Boeing duopoly in the short and medium term? Greetings and thank you. LP.AP.
Dear investor, good afternoon. If you look at the daily graph of Airbus You will notice that it is a carbon copy of the two American airlines that we have just analyzed. Which makes all the sense in the world when it comes to the same sector: airline-aircraft manufacturers. It can be said that in the short term we have an important support at 60 euros and as resistance, although very distant, the June highs (85.08), coinciding with the bearish gap of the session on March 12. And as the most important support we have the annual minimums, where it presents a double support (48 euros).
As to Boeing and despite the steep declines of recent times, it must be recognized that the accuracy of the rebound from the base (support) of the long-term bullish channel is maximum. The monthly oversold yields extreme readings and the price has rebounded from the bottom of the channel. Then technically it is purchase. Although the closer to the base of the canal, the better. Thanks to you, greetings.
Don't you know Trader Watch yet? TW is a service that offers continuous real-time monitoring of financial markets, seeking the best investment opportunities at all times
Note: Investment decision making must be done in a responsible manner and being aware of the risks assumed. Web Financial Group accepts no responsibility for the content and analysis of the practice. It is also noted that operating in the stock market involves high risk and involves constant monitoring of the position.
. (tagsToTranslate) Consulting (t) technical analysis (t): (t) Repsol (t) ACS (t) Cellnex (t) silver (t) Delta (t) Airlines (t) United (t) Airlines (t) Boeing (t) Airbus (t) Category: All (t) Category: Market Report (t) Category: Technical Analysis (t) Category: Pulses (t) Category: Analysis (t) Category: Market Pulse (t) Category: Sectorial: Energy Minerals (t) Category: Sectorial: Industrial Services (t) mostread_ultimas (t) mostread_fundsnews (t) mostread_analisis-tecnico (t) mostread_analisis (t) mostread_mercados