Heineken N.V. : 20 week moving average in support
By Oscar Salza
Entry price | Target | Stop-loss | Potential |
---|---|---|---|
€42.23 | €0 | €41.4 | -100% |
Heineken N.V. is in bullish trend in the medium and long term. In weekly data, moving averages are well-oriented. In the present configuration, the process is very gradual; however, prices have just begun a consolidation phase. It could be interesting in the coming sessions. The decline observed in the short term offers an interesting entry point for a mid-term investment. In fact the bearish trend should be stopped by 20 week moving average in weekly data. Investors will take advantage of the current area to buy Heineken N.V. The objective will be set at EUR 46. The stop loss will be triggered below the EUR 41.6 support.