Wednesday, September 28

Cellnex still has a way to go to be out of danger

Cellnex today leads the rises within the Ibex 35, with significant rises, over 2.5% during much of the morning. According to the analyst Mónica Triana, the stock still has a long way to go to be “out of danger”, since it still has to exceed the average of 200 sessions and an important resistance zone (marked in blue on the graph).

The value rises today after Bank of America has indicated the possibility of new purchases and an operation with another of the companies in the sector. Cellnex is one of the main communications operators in Europe. After knowing the news we see these increases that are also driving the Ibex 35.

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