Subsequent, we give a solution to the values for which we’ve got been requested probably the most all through the morning. José María Rodríguez, technical analyst at Bolsamanía, analyzes ACS, Iberdrola, Rovi, SunPower, Airbus, Telefónica, PharmaMar and Audax Renovables.
TECHNICAL ANALYSIS CONSULTANCY
Good morning, José María. To begin with, thanks in your very correct analysis. I would really like you to investigate ACS and Iberdrola. I want to know your opinion on the 2 corporations. Thanks very a lot and greetings. ML
Pricey investor, good afternoon. ACS we analyzed it not way back and we mentioned of the worth that it was taking part in with hearth. The actual fact is that the drilling of helps is obvious and all the pieces signifies that the double flooring is activated. So if we consider it, a motion in the direction of the realm of approx. 19.50-20 euros (the peak of the formation), however as we already know it’s a theoretical minimal fall goal. The title additionally has vital horizontal assist round 17-17.20 euros: the lows of Might and September 2020.
As to IberdrolaLengthy-term bullish inventory the place they exist, is approaching the vital assist of 9.75 euros. There we’ve got an vital horizontal assist. And whether it is pierced, we is not going to rule out a motion in the direction of the realm of approx. 8.80 euros. However not like the overwhelming majority of securities in our market, this worth remains to be bullish in long-term phrases, which is crucial of all. Within the brief, we’ll see if the assist of 9.75 euros works once more or not. Due to you, greetings.
Iberdrola weekly chart
Good afternoon. First, I want to thanks in your analysis, which I accompany loads, and secondly, I wished to ask about Rovi, which I’ve in my portfolio with a really excessive proportion of revenue, however with out references to how far it might go. Fairly the alternative that occurs to me with Sunpower that has me misplaced with out realizing what to do. Thanks very a lot and greetings. J.RR.
Pricey reader, good afternoon. SunPower it’s a very very risky safety. Within the brief time period we’ve got him embedded inside a bullish buying and selling channel from the Might lows. The management zones beneath and above aren’t totally clear. The one factor we are able to clearly see is that it has vital assist at $ 19.75 and sturdy resistance at $ 35. Along with the day by day bearish hole of the February 18 session at $ 43.72. The issue is that the title is presently buying and selling removed from the aforementioned management zones, in a no person’s zone. However sure, what it will not permit below any circumstances is that the worth pierces the assist of $ 19.75.
SunPower Weekly Chart
As to Rovi, it’s a clear hold. The worth remains to be embedded inside a bullish channel of guide, guide. Within the brief time period, it has assist at 52.90 euros (June lows). The piercing of this assist can be the primary signal of weak spot in a very long time, a prelude to what could be the starting of an adjustment supplied by the earlier vital rises. However so long as it isn’t drilled we is not going to have the slightest signal of weak spot and due to this fact it can stay a transparent maintain. Due to you, greetings.
Rovi day by day chart
Good morning, Mr. José María, and thanks very a lot in your suggestions, which I’ve adopted for a very long time with nice curiosity. I wished to ask you about Airbus. How do you see the worth within the medium and long run? Most important helps and resistances. Thanks prematurely in your reply! All the perfect. JB
Pricey investor, good afternoon. Airbus it’s a worth that I nonetheless like nowadays. I don’t rule out that earlier than attempting to check the assist of 104 euros once more, however the development remains to be upward as might be deduced from the impeccable rising lows and highs. Above, on the resistance aspect, we’ve got the annual highs (116.04) and above there’s nothing till the weekly bearish hole of approx. 130 euros. And above the all-time highs of virtually 140 euros. It’s a clear hold at the moment.
Airbus weekly chart
Good morning, I would really like you to investigate what technical side Telefónica has. When you can point out assist and resistance for the medium and brief time period. Thanks. F.RM.
Pricey reader, good afternoon. Phone This week it has pierced the assist it had at 3.80 euros and the following we discover it at 3.47 euros (April lows). Above, on the resistance aspect, we’ve got 3.98 euros and the annual maximums (4.15). All the above inside a bullish construction within the rebound section, in flip inside a backside downtrend. In truth, vital hardiness zones stay the place at all times: the weekly bearish hole for March 2020 at 4.40 euros and, above all, the primary bearish guideline, now at 5-5.10 euros. In different phrases, even when it bounced to the rule, it will nonetheless be bearish in the long run.
Telefónica weekly chart
On the finish of Might I learn in your web page constructive suggestions from some dealer about PharmaMar and Audax Renovables. I purchased it at 75 euros and 2.05 respectively. How do you see it as a technician? What do the José María graphics inform you? Thanks very a lot and have a very good summer season. YOU
Pricey investor, good afternoon. The suggestions aren’t ensures of something, in any respect. Furthermore, after they all level in the identical course, the alternative often occurs (opposite opinion principle). Having mentioned that, PharmaMar it has a assist on the annual lows (72.50) and beneath and of better relevance the December lows and origin of the final large motion, at 66.26 euros. We even have the bullish guideline, now at approx. 64 euros. In abstract, within the vary of 64-66 euros in spherical numbers vital ranges of assist converge that might invite us, in principle, to open lengthy within the worth.
PharmaMar day by day chart
As to Audax Renewables, the worth continues to dizzy inside a aspect that’s steadily narrowing. With a really clear assist within the approx. 1.20 euros and resistance at 2.40 euros. Nevertheless, the secret is within the downward guideline that joins the successive reducing highs since 2018 and that passes at this second by 2.40 euros. Though the most recent reducing excessive at 2.55 is one other key resistance. Let’s say that solely above 2.55 euros in weekly candles we start to take a look at this worth with higher eyes. Thanks very a lot gentleman, and equally.
Audax Renovables weekly chart
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