CHANNELS.BVB – MID ECONOMIC UPDATE -INDUSTRIALS
SUMMARY: CONDMAG WEEKLY (COMI) Prices remain in a trading range after the shooting star formation. TURBOMECANICA WEEKLY (TBM) Prices test previous resistance turned support. COMPA DAILY (CMP) Daily moving average crossover is negative. ARTROM DAILY (ART) A break at mid channel keeps us looking lower. AEROSTAR MONTHLY (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) Anticipated breach at current level, at 6.3, would continue the negative minor trend down happened. 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) The sideways action continues.
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)
ORPHEUS RESEARCH AT REUTERS – UNITED KINGDOM
ORPHEUS RESEARCH AT REUTERS – USA