To this day, the selective Spanish still does not offer the slightest sign of strength. For this, we should see the overcoming of the resistance of 7,321 points. Despite the poor technical prospects of the Spanish index, there are stocks that stand out and could be an excellent purchase option, such as ArcelorMittal, Naturgy or Acciona.
Very good sign that we could see last week in ArcelorMittal after managing to overcome the key resistance of 11.09 euros. The Ibex 35 company put an end to the lateral movement of recent months and managed to rise above the average of 200 sessions for the first time since the end of February. We expect good technical behavior for the next few days and it seems more than likely that we could end up seeing an attack at the 13.20 euro level, prices that give it a potential revaluation of about 15% from current prices.
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For months that Naturgy it is trading in a side band just below the 200 session average. The rises of the last days in the company have allowed it to pierce the resistance of 17.59 euros, which makes us think about the beginning of a juicy upward momentum. We could calmly set a first upside target at 19 euros, prices where the downward gap that was left at the beginning of March is located.
Actuate it is another one of the values that could start a new bullish momentum at any moment. After rising above the 200 session average, it is trading in a side band awaiting the appearance of a signal of strength that confirms an extension of the rises. A close above 105 euros would be the signal that would make us think about an extension of the gains to the level of 115 euros. Good accumulation levels give consistency to its main uptrend. We will not appreciate even the slightest sign of weakness as long as it remains trading above 97.65 euros, prices where we could place the stop loss.