Time to buy Griffols $GRF $GRIFFOLSGriffols is evolving in an ascending canal with 3 support level. The stock has drawn this week a very long hammer (10% length !) on the second support. Griffols has a very good behavior with long shadow hammer with only 1,6% of long shadow hammer not initiating bullish trends. We can predict a rebound in the coming weeks, with target the resistance of the canal (22% gain over next 6 months).
ITX playAs you can see last year we repeat the same pattern , break 200ma and run it up to the deathcross.
SAME PATTERN is going on here :) and with a big gap.
So what i think will happen is the next :
Price will run UP and fill this gap , once it fills there will be a rejection and a deathcross , so go Short !!
M0byy
Inditex boosted above EUR 25,40 - Medium termInditex is facing a great bullish momentum:
Fundamental:
After the downgrade of Morgan Stanley -17%, they have reported solid quarterly results reaching USD 12 Bn of revenue for the first time, remaining its clothing leadership.
Technical :
-Spanish equities negative momentum was sending Inditex downwards, however IBEX 35 is back again above 9.200 level pointing out a recovery of the Spanish Index.
-There is a gap at EUR 27-28 that needs to be covered.
-ITX did not break the FIBO 0,61 l























