Categories: Stocks News

The awakening of Banco Santander in stock, so it is the strategy that we must follow

Raises of 3.3 percent in the first bars of the session today to unite a week it’s almost perfect if it were not for the collection of benefits on the Thursday and Friday that with the climbs of today are almost compensated.

This is the letter of introduction in the short-term actions Banco Santander it appears that they are waking up and rising from the beating received by the pandemic Covid-19. And it is that company that has more weight on the selective Spanish came to hang out neither more nor less than a 55 percent up to the minimum of the past 20 of may, and from that moment leads to a revaluation of the 20 per cent in only nine sessions.

From the point of view is to highlight the rupture from the top of a wedge descending and that tends to have connotations bullish for the value if it is able to break the highs of last week in the 2,17 eur and above does so with a feature that is currently lacking: volume.

Evolution of the shares of Banco Santander

Eduardo Bolinches

It is precisely that lack of volume which makes me to be waiting for the consolidation of the 2.20 € to enter the value with greater guarantees of success while it is true that the weakness of the banking sector also makes me be disciplined with a stop loss placed under the lows of the past Thursday in the 2,01 euros.

So better to wait to the break of 2.20 € and see a high volume of recruitment to enter now by the desire not to stay out of the recovery price and end up seeing another attack failed as the past 30 of April.

However, for a investor long-term there is little doubt. The shares of Banco Santander will take more or take less in undertaking the break to the upside of the 2,20 euros, but will, and to that frame of mind the purchase starting in two or three orders spaced in time is not a no-brainer.

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

Blenix Technology Launches Revolutionary Blockchain Ecosystem with BLX Token Presale

London, UK, 29th May 2025, ZEX PR WIRE, Blenix Technology, a global leader in innovative digital…

4 days ago

SX Bet Bets Big on Berachain: Bringing Web3 Sports Betting to Bera

Toronto, Canada, 29th May 2025, ZEX PR WIRE, SX Bet has officially launched on Berachain,…

4 days ago

Jessica Contreras Aims to Spark Tucson’s AI Revolution

Tucson, Arizona, 28th May 2025, ZEX PR WIRE, QUICK LOOK: Tucson native Jessica Contreras is turning her…

4 days ago

VEEPEEN Launches with Viral Momentum, Crosses 3,000 Holders Amid VEEPEEN Meme Surge

Perth, Australia, 28th May 2025, ZEX PR WIRE, The crypto world has a new viral…

5 days ago

Franck Muller Unveils Groundbreaking Collaboration with Solana: A Fusion of Swiss Craftsmanship and Blockchain Innovation

New York, May 23, 2025, At Solana Accelerate, Erol Baliyan, CEO of Franck Muller Middle…

1 week ago

Pepe Heimer Introduces AI-powered Yield Optimization and Launches PEHEM Token Presale

New York, USA, 23rd May 2025, ZEX PR WIRE, Pepe Heimer, a new memecoin merging…

1 week ago