Cie Automotive rose 3.43% this Thursday, to 22.9 euros. ArcelorMittal, with an advance of 3.24%, reached 29.49 euros. Fluidra gained 3%, to 23.9 euros.
It was one of the values that fell the most when war was declared in Ukraine: it fell vertically from 25 to 18.9 euros. Little by little he has been recovering and, a week ago, we commented that the worst seemed seen. We pointed out that we would not enter until we see it consolidate the 21. This Thursday it rose 3.43%, to 22.9 euros, the maximum of the day. It is cheap, there may be some realization, but we hope that it recovers the 25 euros.
In the first quarter of the year, its accounts exceeded the experts’ forecasts and it reduced its debt, something important in an environment of rising rates. Some data that allowed him to recover his bullish guideline and the support of 27 euros. He has strengthened this level and this Thursday, with an advance of 3.24%, it exceeded the resistance of 29 euros, to reach 29.49. Must continue to rise: first target at 31.7.
It is the value that falls the most so far this year for the Ibex 35, almost 32%. A punishment that does not correspond to their accounts or their expectations, aside from the fact that the increase in costs reduces their margins, the value has recovered the support of 23 euros and is consolidating. This Thursday it rose 3%, to 23.9 euros. It’s cheap, it can consolidate the advance and turn to the upside. First objective: recover all 25.