Categories: Stocks News

“Cellnex you can re-attack you again its maximum annual and historical”

Related news

Cellnex he has presented losses of 84 million euros in the third quarter of the year as a result of an increase of 100% in the amount of depreciation and amortization. An impact that has affected your account results even having increased revenues by 52%.

The bracket in the exponential moving average of 200 sessions help to relaunch the bullish momentum on the valueafter the sideways range for the summer. The price has managed to overcome the resistance of as high as 53.5 euros per share and has subsequently been supported in the new stand to get a boost and recover the path upward.

The titles of Cellnex are currently listed in a side channel. Now, the price seems to go up to the top, scoring the first goal in 55 euros per share. In addition, the quote just to cut the moving average of 100 sessions (grey line), which indicates a buy signal.

Stock market performance of Cellnex.

XTB

Which means that the action you can re-attack you again your annual maximums and historical. If the price is able to break the top of the structure, the action is to be directed to break the next resistance in sight, the 57 euros per share.

There could possibly be a consolidation of benefit on the part of investors before returning to speak to their historical prices, the 60 euros per share.

Given the volatility in the marketit would be interesting to place a stop loss just below the lower part of the channel, in the 50 euros per share.

***Álvaro Giménez-Cuenca is analyst XTB.

Ryan Helton

A Stock enthusiast since childhood, Ryan is known for his impeccable knowledge in the technology and gadgets niche. He has been working with eTrendy Stock as a contributor for most stock category and his articles are always well-researched and accurate.

Recent Posts

ZEREBRO Price Collapses 40% in Just 3 Hours: Market Cap Tanks to $45 Million

Zerebro, one of the largest AI projects, has seen its price dropped sharply today, going…

2 hours ago

Ethereum Price Prediction: Can ETH Sustain Its Bullish Momentum as Price Surges 15%?

Ethereum is back in the spotlight, not for explosive price action, although it has made…

14 hours ago

Ajman Bank Successfully Prices USD 500 million Inaugural 5 Year Sukuk

Ajman, UAE, 25th April 2025, Ajman Bank P.J.S.C. (“Ajman Bank” or “the Bank”), the first Islamic…

23 hours ago

The Rise of Autonomous Finance: How 9M is turning AI into a fully operational investment system

The Rise of Autonomous Finance: How 9M is turning AI into a fully operational investment…

23 hours ago

Echo Launches Real Unique Tokenomics with Real Yield in USDC

Douglas, Isle of Man, 25th April 2025, ZEX PR WIRE, Echo is about to launch…

1 day ago

World of Dypians Wins $450K in BNB Chain’s Support Program and Announces Monumental New Features

Tortola, BVI, 25th April 2025, ZEX PR WIRE, World of Dypians (WoD), a highly immersive…

1 day ago