Mapfre is an unstable stock. We are now situated in the middle of the bullish channel, so no operations must be made right now. It is better to wait and see. If next week there are high expectations on Q2 Results, MAP will approach the upper bound of the bullish channel. However, if results disappoint investors high instability is expected to appear as of July 25....
Caixabank was moving quite flat since 25 March 2019 but once entered June it started to decay, approximating to the lower bound of the last bearish channel started on 28/02/2019, which has a lower decay degree (-26%) compared to the second to last bearish channel started on 16/11/2018 (-39%), which in its turn has a higher decay degree compared to the third to...
Short term perspective looks stable inside the 08/02/2019 upward channel, although surely it is going to test the lower boundary at 0.9174 either this week or next week. A big resistance is in 0.9958€ and surpassing it at least until 1.03€ would mean going to 1.11€ level in mid July 2019. On the other hand, going further below than 0.9174€ could be catastrophic...
