CHANNELS.BVB – MID ECONIMIC UPDATE – CONDMAG PERFORMANCE CYCLE START TO UNDERPERFORM

SUMMARY: COMPA WEEKLY (CMP) Sideways movement continues. Above 0.3 a change of trend can be expected. COMPA PERFORMANCE CYCLES The stock is reaching the top of the performance cycle suggesting that CMP should not outperform. ARTROM DAILY (ART) Prices go below key level 0.618 FIB at 1.87. Minor trend continues to be negative. AEROSTAR DAILY (ARS) Prices reached supports at 0.57. A breach here would confirma the negativity further. CONDMAG WEEKLY (COMI) Prices reached the lower line of the rising channel. For more positivity ahead this level should not be breached. CONDMAG PERFORMANCE CYCLES The stock is reaching the top of the performance cycle suggesting that COMI should start underperforming. SANTIERUL NAVAL WEEKLY (SNO) Prices broke the multi month rising channel and fell below key level at 6. Minor trend remains negative below these levels. SOCEP WEEKLY (SOCEP) Prices continue in a sideways movement. A breakdown here would suggest negativity. ALTUR WEEKLY (ALT) Prices continue the sideways movement outside the multi week rising channel. A breach at 0.035 would be negative. ELECTROCONTACT WEEKLY (ETC) Sideways movement continues. It is needed for prices to hold above 0.03. Below this level we are in negative territory.
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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