Squirrel Media It is a very interesting value for the coming weeks. Technical Analysis
BULLISH GUIDELINE After relying on the average of 200 sessions, we are seeing signs of strength that invite us to think about an extension of the increases. The overcoming, this last week, of the resistance of 2.50 euros will lead it to attack, imminently, the annual maximums that it presents at 3.03 euros. This represents an additional revaluation of 10% from current listing prices. Below, we could place the first support level in the vicinity of 2.50 euros, a resistance that was overcome a few sessions ago and which now functions as the first support level. Without a doubt, it is a value to take into account in the short term.
Another value of the Spanish Continuum to take into account is Grenergy Renewables. This last week we could see that it managed to pierce the key resistance of 75 euros, all-time highs set this year. After several months of lateral movement, it seems that it could confirm, at any time, the beginning of a new bullish momentum. Its technical aspect is unbeatable and it seems very likely that we could end up seeing the beginning of a new bullish momentum that makes us think about an extension of the increases to the level of 90 euros.the result of projecting the amplitude of the lateral movement in which it has been moving in recent months. The good accumulation levels that we can see in its daily price series do more than confirm the current strength of its main bullish trend.
