SELLS IN TALGO

💡 Talgo Analysis (TLGO)

Talgo has been in a bearish trend since 2019, and despite a brief recovery in 2022, it has fallen back below its long-term bearish trendline.

1. Weak Technicals: It has failed to break above the €4.6 resistance, indicating potential further declines.
2. Economic Environment: Global uncertainty and rising costs are weighing on the infrastructure sector.
3. Competition and Margins: Increased competition and rising operational costs are impacting its profitability.

Conclusion: Talgo does not show clear signs of short-term recovery.

This analysis is not an investment recommendation.