Alright folks, today we're talking about Repsol, the Spanish energy company, and their joint venture with Ibereólica Renovables in Chile. They've just announced the opening of their second wind farm project, the Atacama wind farm, which has an impressive installed capacity of 165.3 megawatts and is expected to produce over 450 gigawatt-hours of clean energy a...
Tienen a su disposición marcados los soportes, tiene un gran potencial alcista según los análisis técnico y fundamentales.
Buenas Tardes, saludos cordiales.
LED 03/02/22
Looking at the technical picture of the Repsol SA stock on our daily chart, we can see that from the end of October, the share price has been drifting lower while trading below a short-term tentative downside resistance line. The experts said that overall, the stock continues to trade above a medium-term tentative upside support line, which may lead to some higher...
We can found a technical figure Rising Wedge in Spanish company Repsol S.A. (REP.mc) on a daily chart. Repsol S.A.s a Spanish energy and petrochemical company based in Madrid. It is engaged in worldwide upstream and downstream activities. In the 2020 Forbes Global 2000, Repsol was ranked as the 645th-largest public company in the world. It has more than 24,000...
We are always listening to "Sacyr wins this concession in Chile", "Sacyr wins this construction in ____", "Sacyr enters bid to build a hospital in Lisbon"... But what if there are overcosts or a new confinement? Nowadays, the company is unprofitable. In 2019, it lost €297 million and historically Sacyr has always been correlated with the price fluctuations of...
As well as the price oil is in the lowest, the oil companies do the same. Nevertheless, that can be a good opportunity for those who own strong liquidity to buy low.
So in this contexte, here we have Repsol with a monthly triangle pattern. We can hold a long position for long terme. In my case y prefere to catch long mouvement on daytrading.
It seems that Repsol is in the point of a throwback of a bullish wedge with a target at 16.3€ +28.84% from current price. There is also a trading range target pending at 20.4€ +61% from current price.
![REP: [REPSOL] SIMPLE SETUP](https://s3.tradingview.com/5/5Ig2S5NX_mid.png "[REPSOL] SIMPLE SETUP")
