OHLA could rise 95%... but it must break €0.525 first
Visit my live, open trading portfolio:
👉 https://pro.activotrading.com/
Could OHLA be preparing for a decisive move? In this technical analysis, we examine the current share price structure, the key support level of €0.27, and the significant resistance level of €0.525, a level that has already held the price back on several occasions.
The chart may be forming an ascending triangle pattern, a breakout of which would project a theoretical technical target of around €1.02, representing a potential upside of approximately 95% from the breakout point. However, this scenario remains contingent on OHLA managing to overcome this resistance, which has not yet occurred.
We also analyze the two potential catalysts that could influence the share price: the release of the first-half results and a possible sale of Galería Canalejas, a transaction that would allow the company to continue reducing its debt.
━━━━━━━━━━━━━━━━━━
👉 Follow us on Twitter for more market commentary:
https://x.com/Activo_Trading
📩 For professional proposals, collaborations, or media inquiries:
[email protected]
⚠️ Disclaimer: This content is for informational purposes only and does not constitute investment advice. All trading in financial markets involves risk.