KON.PHILIPS N.V.
Long

A backward step

172
Big investors seem interested in Philips, and that’s been happening for a while now.

For various legal vicissitudes the Stock has had to suffer a pressure from part of some types of investor and for last the collapse happened some days before.

However, the trend towards short-term reductions by institutional investors and professional investors has not been affected.
The recent collapse seems mostly due to a mass sale by private investors and traders.

That’s why I think Philips will go back exactly where he started and then continue his ascent.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.