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Siemens Gamesa: in free rise and in full dynamic resistance

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Since the end of July, the price has been moving within an impeccable bullish channel. And at this moment we have him attacking the upper part of it, by definition resistance.

Technical analysis
SECURITIES IN A BULL TREND

Short term

Medium term

Long term

All-time highs of Siemens Gamesa They are nothing new because there are already several consecutive sessions in which the title is building, daily, new all-time highs. Which means that the title is in absolute free climb. However, and unlike other market moments, it can be said that we do have significant dynamic resistance in the upper part of the bullish channel through which the price has been moving since the end of July. In fact, this potential resistance zone roughly coincides with the current levels of the price. From which it follows that, clearly breaking above, uploads should be sped up. The base of the channel, by definition support, is currently around 25 euros.

Siemens Gamesa daily chart

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