Pay attention to the confirmation of a throw back to the 200 session average in ArcelorMittal. Technical Analysis
VALUES IN UPWARD TREND In the short term we will be very attentive to a close above 24.64 euros. This would be very good news that would make us think about extending the increases to the level of 26 euros.
Telephone It has confirmed a turn in the 200 session average and is approaching the resistance of 4.36 euros. Pay attention to the exceeding of this price level and that would make us think about an extension of the increases to the annual maximums that it presented at 4.55 euros.
Good signal in Endesa which puts an end to the lateral movement of the last two months. The electricity company enters a free rise with a clear path so that we can end up seeing an extension of the increases to the level of 22 euros.
Iberdrola manages to overcome the short-term resistance that it presents at 13.50 euros. Pay attention, it seems that it wants to cover the bearish gap that was left, this past November 6, at 13.74 euros. We will only see a sign of strength with the surpassing of this price level.
ACS gains positions after confirming the overcoming of the resistance of 42 euros. A reversal in the 200 session average is confirmed and it seems very likely that we could end up seeing an extension of the increases to the resistance of 43.50 euros. If it manages to overcome these prices, it is likely that we could see an extension of the increases to the level of 45.38 euros, historical highs reached at the beginning of the month.
