Prysmian is a Italian leading company with headquarters in Milan, specialising in the production of electrical cable for use in the energy and telecom sectors and for optical fibres.
GOOD BULL TREND
A decidedly healthy and balanced bullish trend and a strong growth in the semiconductor sector suggest a continuation of the bullish trend in the medium / long term.
Analysis:
Elliot wave completed;
61.8% Fibonacci retracement;
closing price at the bottom of ascending trend line.
Suggestion:
go long at least to point 5.
