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Indra stops in resistance

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Indra managed to overcome, this October, the resistance of 8.40 euros.

Technical analysis
BREAK RESISTANCE
S1
8.40
S2
7.85
R1
9.57
R2
10.85

Short term

Medium term

Long term

This has led to a recovery in its price series, which has pushed it close to the 200 session average. This average is 9 euros and for a few sessions it has been consolidating levels.

The absence of a correction for these prices makes us think of the appearance of a sign of strength that makes us see an extension of the increases to the level of 9.50 euros. In these prices is the downward gap for the month of June. As long as it does not manage to close above 10 euros, the bearish bias will remain in the company.

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