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ACX1 bearish scenario:✨✨✨Technical outlook: ACX1 bearish scenario: We have technical figure Triangle in Spanish company Acerinox, S.A. (ACX1) at daily chart. Acerinox, S.A. is a stainless steel manufacturing conglomerate group based in Spain. As for 2008, the company was the world's largest producer of stainless steel. The Triangle has broken through the support line at 09/12/2020, if the price holds below this level we can have possible bearish price movement with forecast for the next 8 days towards 7.998 EUR. Our stop loss order should be placed at 9.062 EUR if we decide to enter this position. Fundamentals: ACX1 bearish scenario: We have technical figure Triangle in Spanish company Acerinox, S.A. (ACX1) at daily chart. Acerinox, S.A. is a stainless steel manufacturing conglomerate group based in Spain. As for 2008, the company was the world's largest producer of stainless steel. The Triangle has broken through the support line at 09/12/2020, if the price holds below this level we can have possible bearish price movement with forecast for the next 8 days towards 7.998 EUR. Our stop loss order should be placed at 9.062 EUR if we decide to enter this position.
BME:ACX
by legacyFXofficial
ACX1 bearish scenario:ACX1 bearish scenario: We have technical figure Triangle in Spanish company Acerinox, S.A. (ACX1) at daily chart. Acerinox, S.A. is a stainless steel manufacturing conglomerate group based in Spain. As for 2008, the company was the world's largest producer of stainless steel. The Triangle has broken through the support line at 09/12/2020, if the price holds below this level we can have possible bearish price movement with forecast for the next 8 days towards 7.998 EUR. Our stop loss order should be placed at 9.062 EUR if we decide to enter this position. Fundamentals The COVID-19 pandemic is significantly affecting the development of markets during the second quarter,” the company said on Friday, after reporting its first quarter net profit fell to 28 million euros from 33 million euros a year earlier.
BME:ACX
by greenforexsig1
SACYR in front of major resistance/ en resistencia historicaSacyr closed on friday really close to historical resistance after a rally that started in 1.40s for almost 50% upside. With christmas approaching to markets and everything going up it wouldn't be suprise the typical december retrace taking this one 2 fib levels down to 1.69 before seriously trying to break that resistance. Sacyr cerro el viernes muy cerca de una resistencia historica en torno a 2.1e por acción despueés de un rally q empezo en torno a 1,4 euros para casi un 50% de revalorizacion. Con Navidades a la vuelta de la esquina y Diciembre siendo un mes que suele tener caidas en los mercados no sería de extrañar ver a sacyr retroceder 2 nvieles del retroceso de fibonacci hasta los 1.69€ antes de plantearse seriamente atacar la resistencia historica mencionada.
BME:SCYRShort
by DjNuwi
#Spain - #Bailout - 20.07.2020 - We the people #BBVAThe next Bailout of Spain. The bailout of Spain has now taken place after 1 1/2 years. But it will not stay that way. Spain will not get back on its feet despite financial aid and loans. The socialist structures + nepotism are too strong and the trust in Government is down and LockDown break the neck of economy. It's over! Therefore it will come also in the next 2 1/2 years to revolts of "We the people". The Government is never for the people only for themselves and oligarchs.
BME:BBVA
by StefanBode
2
#BBVA - #Banco #Bilbao saved? #Spain #tradingviewI have been following this count for quite some time now. Bailout Spain has arrived as expected. All the centralbank money and buying of zombidebt could cosmetically save the balance sheet of Banco Bilbao and possibly start a turnaround. But I will definitely not buy the share. The first riots have also started extraordinarily early. The CoronaLockDowns will significantly intensify the eruption of the riots in the coming months and years. As a tourist country, many Spanish families with hotels and restaurants and so on are dependent on the guests. They are faced with the shattering of their existence and with a hungry stomach, people quickly become angry. The LockDown governments of Spain will probably have to flee soon if they want to survive the economic collapse and the subsequent lynching. Greetings from Hanover Stefan Bode
BME:BBVA
by StefanBode
1
Pharmamar PHMGood morning, today I present the analysis of PHM, a Spanish company pharmamar in the race for the vaccine against Covid19. It is being a great trading year for this company. The bullish structure marked by the yellow arrow has been broken, but the new structure, the bearish one, has not yet consolidated. You have marked supports and resistances to see possible changes in trend ... We mark some of them, the purple and blue arrows. Sincerely L.E.D Be Safe!! In Spain on 10/20/2020
BME:PHMLong
by wallstreetstocks