Everything seemed ready for a stop along the way in Aedas Homes after the bearish figure seen on May 23 that comes to an end. Technical analysis
BREAKING RESISTANCE However, the company has turned around and this Thursday we are seeing how it has managed to overcome the short-term resistance that it presents at 20.45 euros. The exceeding of the 2021 highs is confirmed and it seems very likely that we could end up seeing a extension of the increases to the historical highs of 2018 that will reach 23.05 euros.
Its behavior at this price level is very important. If it manages to overcome it, it would enter a free rise, with the path clear so that we can end up seeing an extension of the profits to the level of 26 euros. We will not appreciate a sign of weakness as long as it remains trading above 19 euros.