The Ftse Mib Future closed the week down at 19,368. What to wait from Monday onwards? The signal in a daily and weekly perspective is bearish and will be followed day by day in ours point on the markets. The hypothesis is not hidden that in recent days a bearish phase has probably begun that could continue to last throughout the month of September and lead to a target in the 17,000 area.
Which investment strategy is currently the best one to implement? Soon we will analyze 2 Piazza Affari stocks on which to aim down for the next week and beyond. But first let’s make a premise.
The best strategies are always those aligned with the current trend, as they allow you to experience the markets with more peace of mind and certainly more profit.
Going against the trend in fact means betting that your operational idea is what it will do from that moment on will be followed by the mass. Often this way of operating turns out to be mere mental lucubration.
What are the 2 Piazza Affari stocks on which to aim down for next week
We have chosen ENEL and Intesa Sanpaolo (MIL:ISP) as they show greater relative strength than the others and high probabilities that they can continue to decline. Furthermore, the risk reward is optimal and in favor.
Let’s analyze the individual securities and show which could be the best operation to be implemented.
ENEL, last price at 7.412. Bearish trend in progress for a few days already. Short bullish reversal with daily closing above 7.62 with the first target to be reached within a few days in the 7.04 area.
Intesa Sanpaolo, last price at 1.7786. Bearish trend in progress for a few days already. Short bullish reversal with daily closing above 1.8235 with the prime target to be reached within a few days in the 1.50 area. This stock could experience a steep decline in the near term.
We will proceed step by step.
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