, pub-9809009992858082, DIRECT, f08c47fec0942fa0

Getlink waiting for a clear buy signal, pub-9809009992858082, DIRECT, f08c47fec0942fa0

Analysis published on Monday, January 16, 2023

The action of the operator of the Channel Tunnel has been on a downward trend for several months. After reaching a valuation record for 15 years in the summer of 2022, the stock has continued to decline and has seen its valuation cut by 25%.

The intense selling phase has calmed down and Getlink has found technical support around €14.75. The title is for the moment carrying out a horizontal consolidation above this level and is looking for a new balance. The exit from the top of this phase of hesitation is not yet won and we are waiting for confirmation elements to return to the purchase.

Among the signals that could reassure us we have first of all the upward passage of the oblique resistance line but also the reversal of the 20-day moving average that we will monitor. For the moment, the latter is still slightly oriented downwards and the courses do not evolve frankly above. Let’s wait to gain security on the timing of the intervention.


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The information and analyzes disseminated by ABC Bourse only constitute a decision-making aid for investors. ABC Bourse cannot be held liable directly or indirectly following the use of information and analyzes by readers. It is recommended that any uninformed person consult a professional adviser before any investment. This indicative information does not in any way constitute an incitement to sell or a solicitation to buy.

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