LAR ESPAÑA REAL ESTATE

LAR HAS BEEN MOVING WITHIN A BEARISH CHANNEL IN THE LAST MONTHS. IT IS NOW TRYING TO RESTRUCTURE TO POSSIBLY START A NEW LONG IMPULSE. IT MAY DO SO WITH PRICE ACTION MAKING A DOUBLE BOTTOM AROUND 6 EUROS. TECHNICALLY ONE SHOULD GO LONG ABOVE 6.70 EUROS, THAT IS ABOUT 10% ABOVE THE STOP LOSS. IT MAY BE POSSIBLE TO FIND SOME OTHER ENTRY POINT AT SHORTER TIME SCALES. I WILL FOLOW LAR IN THE NEXT WEEKS.