Technical Analysis:
Resistance 1 has been broken and the idea is to go long.
To reduce the risks, we might wait that the resistance 2 will be broken as well before buying.
Fundamental Analysis
Aston Martin said on Thursday it was starting consultations on cutting 500 jobs as part of plans to save £10m in costs. It comes shortly after the arrival of a new chief executive who is hoping to turnaround the struggling business.
Resistance 1 has been broken and the idea is to go long.
To reduce the risks, we might wait that the resistance 2 will be broken as well before buying.
Fundamental Analysis
Aston Martin said on Thursday it was starting consultations on cutting 500 jobs as part of plans to save £10m in costs. It comes shortly after the arrival of a new chief executive who is hoping to turnaround the struggling business.
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