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Technical analysis office: Santander, DIA, Unicaja, Ferrari, Livongo Health, eBay, Occidental Petroleum and LVMH


Next, we give an answer to the values ​​for which we have been asked the most throughout the morning. José María Rodríguez, technical analyst at Bolsamanía, analyzes LVMH, Ferrari, Livongo Health, eBay, Unicaja, Occidental Petroleum, Santander and DIA.

Technical analysis

Hello good day. I have stocks in the luxury sector that have done quite well despite the stock market crisis. I earn LVMH 25% and Ferrari 10%. What do you advise me to do with them? Sell ​​them or keep them? I'm a long-term investor and I'm in no rush to sell. Thank you very much for everything, greetings from Conil. ACE.

Dear reader, good afternoon. LVMH It is one of the values ​​that I like the most in terms of medium and long term. In fact, it reminds me a lot, among others, of Manzana. In the sense that it presents an impeccable support area in the weekly MM200. Average that has been acting as long-term support for a decade and therefore, occasional corrections aside, it is an impeccably bullish value in long-term terms. In my opinion it is a clear portfolio hold.

LVMH weekly chart

Ferrari It is another of those values ​​that I do not dislike because it is bullish in the medium and long term. Another thing is that in the short it is not being able to overcome the resistance zone that it has in the bearish gap of 160 euros (end of February). This gap has been filled on several occasions, but to date it has not been closed, or what is the same canceled. Below, on the side of the supports, the most immediate we have it at 150 euros. And above the bearish gap we have the historical maximums, at 169.05 euros. Thank you very much, greetings.

Ferrari daily chart

Good morning, José María. Please do you think it would be profitable to get into Livongo Health and eBay? They are in free rise, that's why I comment. If so, where do I put the 'stop loss'? Thank you very much and greetings. A.GC.

Dear investor, good afternoon. As you can imagine, a server cannot recommend entering a security that has doubled in price since the March lows, even though it is very bullish. And is that eBay It is a free rising value, no doubt. But the buy signal was given when it confirmed a double bottom back in May and later when it exceeded the historical highs ($ 47). Which does not mean by any means that you cannot continue climbing positions, it is just that doing it now is arriving too late to the market. The train has already passed… the next one will arrive, don't hesitate.

EBay weekly chart

As to Livongo Health, three quarters of the same that we have discussed on eBay. This presents an impeccable bullish channel from the March lows and the base of this currently passes through the $ 110 area. Although the most important support at this time we have it in the daily bullish gap of $ 77.63. This gap, if visited, can be an interesting price level to try again on the rise in the title. But doing it now is arriving too late to the market, which always has its dangers. Thanks to you, greetings.

Livongo Health Daily Chart

Good morning, Mr. Rodríguez. What is your opinion of the Unicaja titles? A greeting. MR.

Dear reader, good afternoon. I still don't like the banking sector and Unicaja will not be the exception. Now, in the very short pazo I am left with a straight support that joins the increasing lows since May and that currently has three points of tangency. Let's say we have you in the rebound phase (reaction phase), with a first target at the resistance of approximately 0.60 euros and above what may be the top of a small bullish channel. But, in any case, we are talking about a bounce within a flawless bottom (or primary) downtrend. A greeting.

Unicaja daily chart

Hi. I would ask you to please analyze the Occidental Petroleum (OXY) value over the medium term. The company has a great debt and the oil sector does not finish starting. Do you advise investing in the company? Thank you very much. TO.

Dear reader, good afternoon. True, the oil companies do not finish starting. Occidental Petroleum It is not a value that I like at the moment. It just closed the bullish gap of $ 15.55 and this is not exactly a sign of weakness. Rather the complete opposite. In addition, in the rebound in early June the price simply filled in (which did not close) the daily bearish gap of $ 26.86 and has since gone down. It is a very bearish title in terms of the medium and long term and without a clear direction in the short term. And so you do not enter the market. The market or you enter buying strength or better not enter. Let's say that the first sign of real strength in the oil company is to be able to close (cancel) the bearish gap of $ 26.86 (bearish 'gap' of the session of March 9). Thanks to you, greetings.

Occidental Petroleum daily chart

Hello. I have DIA shares bought at 0.11 euros and Santander at 3.67 euros. You would need to sell one of the two in the short term. Which one do you like least? Greetings and thanks. N.A.

Dear investor, good afternoon. I invite you to read here the last analysis carried out on the titles of the Cantabrian entity. That said, the sector is very affected, too weak. And it is key that Santander respect at all times the area of ​​1.77 euros, the annual minimums. If this support is pierced at closing prices, we do not rule out that it ends up returning to the lows of 2002, at 1.50 euros, which is where the next major support is. Above, on the side of resistance, the most important at this time (although very far from the price) is at the highs of the last rebound (2.60). And as long as it does not jump above, we will not have the slightest sign of strength within the short-term price structure.

Long-term Santander monthly chart

As to DAY, title that was confessed this Thursday before the market and that we analyzed here, we have you in a nobody's zone. Halfway between the support of 0.10 euros and the resistance of 0.15 euros. And to the extent that the price remains on the side, little more can be done. The operation would stick to opening longs at the closest possible price levels to the support of 0.10 euros, or if at some point it is able to jump above the resistance of 0.15 euros. And everything that happens within this range will be of no interest. In short, the two values ​​are very weak. None of them I like at the present time. Thanks to you, greetings.

DIA daily chart

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