Miquel y Costas is a company in an upward trend for several months. Currently, it is at the lower end of an upward channel that started in 2020, suggesting a potential rebound. Any purchase in this range, up to €11.30, can be attractive for the long term.
1. Upward trend: Indicates market confidence in its growth. 2. Financial solidity: Effectively amortizes its assets and equipment. 3. Strong fundamentals: Benefits from the growing demand for sustainable products. 4. Rebound opportunity: Being at the lower end of the channel presents a good opportunity. 5. Diversification: Can offer stability and growth in the portfolio.
This analysis is not an investment recommendation.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.