Technical outlook:
ACKB.br bullish scenario:
We have technical figure Falling Wedge in Belgian company Ackermans & van Haaren (ACKB.br) at daily chart. Ackermans & van Haaren (often abbreviated as AvH) is a diversified group operating in four core sectors: Marine Engineering & Contracting, Private Banking, real estate and senior and energy and resources.The Falling Wedge has broken through the resistance line at 05/11/2020, if the price holds above this level we can have possible bullish price movement with forecast for the next 18 days towards 115.526 EUR. Our stop loss order should be placed at 103.900 EUR if we decide to enter this position.
Fundamentals:
- Ackermans & Van Haaren End-March Net Cash Position Of 245.6 Million Euros. Confirms that the group participations are generally fairly resilient so far.
ACKB.br bullish scenario:
We have technical figure Falling Wedge in Belgian company Ackermans & van Haaren (ACKB.br) at daily chart. Ackermans & van Haaren (often abbreviated as AvH) is a diversified group operating in four core sectors: Marine Engineering & Contracting, Private Banking, real estate and senior and energy and resources.The Falling Wedge has broken through the resistance line at 05/11/2020, if the price holds above this level we can have possible bullish price movement with forecast for the next 18 days towards 115.526 EUR. Our stop loss order should be placed at 103.900 EUR if we decide to enter this position.
Fundamentals:
- Ackermans & Van Haaren End-March Net Cash Position Of 245.6 Million Euros. Confirms that the group participations are generally fairly resilient so far.