Buzzi Unicem | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Buzzi Unicem
- Double Formation
* Neckline At 36.50 EUR
* Retracement 1, 0.5 & 0 | Resistance Area At 42.25 EUR | Subdivision 1
- Triple Formation
* Pennant Structure | Short Continuation 50% Retracement | Subdivision 2
* 012345 | 345 Template Hypothesis
* 35.80 & 37.00 Angle 1 | Short Set Up | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
BZU trade ideas
BUZZI UNICEM LONG TERM OPPORTUNITY Buzzi Unicem S.p.A. is an Italian multinational specialized in the production of cement, active in Europe, the United States and South America. In Italy it is the second largest operator in the country with a market share of 16%. It is listed on the FTSE MIB index of the Milan Stock Exchange.
A sector extremely positively correlated to the growth of inflation, on the monthly we can see a bullish head and shoulders. Interesting market discount situation with a long-term perspective.