Almirall is near 10 year trend line.
Right now we found the price in a possible ABC wedge. If goes under 10.65€ it could get to 9.50€ dynamic support, a trend line that started in 2011. It will be an interesting buying zone if there is any reversal pattern.
It has a still-to-complete gigantic double bottom pattern to 18€.
Two solid supports on the point 10.25, we can view rebounds on the 10.25 point.
The fibonacci supports and the main rain rise guidilne were created in the last uptrend one year ago.
You enter the trade bellow the support level and hold it to 11.07 Trend of the stock is on downside I do not expect major pullback, but you never know.
The Price has reached the minimum target for the double top pattern. Eventual bullish candles can signal a rebound may start from here and long positions with stop loss at 13 euros can be open.
