AALB ; Possible pullbackHope it stays above the resistance Monday.
It will be semi strong buy signal
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About AALBERTS N.V
Sector
Producer Manufacturing
Industry
Industrial Machinery
CEO
Wiebe Arnold Pelsma
Website
aalberts.com
Headquarters
Utrecht
Employees
14.597K
Founded
1980
ISIN
NL0000852564
Aalberts NV engages in the development of industrial products and systems. It operates through the Building Technology and Industrial Technology segments. The Building Technology segment develops, manufactures, and monitors hydronic flow control systems for heating and cooling. The Industrial Technology segment co-develops, engineers, and manufactures mechatronics and technologies used to regulate, measure, and control fluids. The company was founded by Jan Aalberts in 1975 and is headquartered in Utrecht, the Netherlands.
Aalberts Industries LongEURONEXT:AALB Enter the trade when the price reaches the rising support. This will most likely be around 34 euro's Target price is between 37,50 and 38 due to strong resistance there.
Aalberts gaining too swiftly and bounces of channel lineAalberts has been dealing with a lot of negative prospects (shrinking of industrial economy Germany hit Aalberts), so a cautious approach to entering positions.
However a classic resistance line is seen around 32.46 and the channel line crosses that line exactly at the top of yesterday's candle.
It
Aalberts should go upAalberts has reached some support. it has good fundamentals and the technical indicators look well too.
See all ideas
This info isn't a recommendation for what you should personally do, so please don't take the data as investment advice. As with any trade, always look first, then leap. Read more in the Terms of Use.
