We will not appreciate the slightest sign of strength in the Spanish selective while it remains trading below 6,651 points
3.03% increases in Cellnex that manages to close above the resistance of 55.10 euros. The formation of a throw back to the bearish guideline exceeded in the short term is confirmed. For the next few days it seems very likely that we could end up seeing an extension of the gains to the level of 56.67 euros, all-time highs.
Let us advise you on your investments. Try Trader Watch for free for 7 days. In the last year we accumulated a revaluation of 292.75%.
Strong increases of more than 7% in Viscofan that manages to get back above the average of 200 sessions. The company is approaching resistance at 59.25 euros. A close above this price level would make us think of a return to the level of 64.35 euros, annual highs for the month of August.
Gains of 13.75% on Gestamp that manages to pierce the resistance of 2.67 euros. The value manages to rise above the average of 200 sessions and it seems highly probable that we may end up seeing an extension of the short-term rebound to the level of 3.08 euros.