legacyFXofficial

AvH (ACKB.br) bullish scenario:

Long
EURONEXT:ACKB   ACKERMANS V.HAAREN
The technical figure Triangle can be found in the Belgium company Ackermans & van Haaren (ACKB.br) at daily chart. Ackermans & van Haaren (often abbreviated as AvH) is a diversified group operating in four core sectors: Marine Engineering & Contracting (DEME, one of the largest dredging companies in the world - CFE, a construction group with headquarters in Belgium), Private Banking (Delen Private Bank, one of the largest independent private asset managers in Belgium, and asset manager JM Finn in the UK - Bank J. Van Breda & C°, niche bank for entrepreneurs and the liberal professions in Belgium), real estate and senior care (Leasinvest Real Estate, a listed real estate company - Extensa, a major land and real estate developer with a focus on Belgium and Luxembourg) and energy and resources (SIPEF, an agroindustrial group in tropical agriculture). The Triangle has broken through the resistance line on 30/04/2022, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 23 days towards 174.70 EUR. Your stop loss order according to experts should be placed at 163.40 EUR if you decide to enter this position.

Ackermans & van Haaren realised a record result of 407 million euros over the full year 2021.
Excellent results of the companies across the whole AvH group support this impressive result, which also surpasses that of pre-COVID year 2019 (despite the substantial capital gains realised in that year).
A substantial increase (+17%) of the dividend to 2.75 euros per share is proposed to the general meeting of shareholders.

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