alexinve

GRIFOLS: Throw-back becoming a reality?

Long
BME:GRF   GRIFOLS S.A.
After surpassing Fib 0.5, it looks like the stock is heading towards 0.382 level (21.81). Right now the company is immersed in a share repurchase program since 12/03/2021 and it has already acquired 19.23% of its €125 million valued shares objective. Maybe the company's financial advisers are playing with chart patterns in order to confirm its trend and go beyond 24 in two-months-time once it touches 21.81€.

Disclaimer

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.