Acerinox Is A Potential Jewel For A Long-Term Investor
Renta 4 |In the case of Acerinox, there is a lot of data which grabs the attention, both at a technical and valuation level. During the last 15 years, the price has been forming a defined lateral range, with resistance between 12,70 and 13,75 euros (historic highs). This kind of very long consolidation (in the price) precedes important long-term trends. So it is possible to consider the potential for an…