CHANNEL.BVB – MID ECONOMIC UPDATE – INDUSTRIALS
SUMMARY: CONDMAG WEEKLY (COMI) Prices remain in a trading range after the shooting star formation. TURBOMECANICA WEEKLY (TBM) Prices are above key FIB projection levels at 0.618 at 0.1. Above this levels we continue to look higher. COMPA WEEKLY (CMP) Daily moving average crossover is negative. ARTROM WEEKLY (ART) Prices gapped and made small body candles and returned to key level 2. AEROSTAR WEEKLY (ARS) Prices did not manage to confirm the previous breakout. We need a clear breach for continued positivity. MEFIN WEEKLY (MEF) Prices are testing the down trended channel midline and fell below key level at 1. Minor trend is negative. SANTIERUL NAVAL DAILY (SNO) A breach at current level, at 6.3, would continue the negative minor trend down. SOCEP WEEKLY (SOCEP) Prices continue the sideways movement. MECANICA WEEKLY (MECF) Prices continue the sideways movement outside the down trended channel. A break at 0.11 would turn the trend down. ELECTROCONTACT WEEKLY (ETC) A break at 0.035 will confirm intermediate positivity.
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CHANNELS.BVB is our second perspective product published on MONDAY, WEDNESDAY AND FRIDAY. The report uses conventional technical tools and focuses on stocks more than Indices. The report illustrates key price levels, price targets, price projections and time turn windows. WAVES.ROM and CHANNELS.ROM are bundled together as PERSPECTIVE products. Unlike WAVES which focuses more on blue chips, CHANNELS covers just BVB stocks all mid cap and small cap.
CHANNELS.BVB on WEDNESDAY covers the Mid Economic Sector cycle including INDUSTRIALS sector stocks.
REUTERS RIC – (TUBU.BX, SOCC.BX, ARTM.BX, ARSB.BX, SNOS.BX, ALTC.BX, ARMA.BX, CMLF.BX, MEFI.BX, EPUT.BX, ETAC.BX, UAMT.BX, COMPA.BX, APOM.BX, MECF.BX, COMI.BX)
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