Downloading...
BANCO SANTANDER S.A.
Short
Updated

SANTANDER ready to dump

519
Santander will join other banks and will dump.

We can see lowe highs and the price already broke down the upsloping support.

23 % drop in the next weeks is very likely.
MACD looks very bearish. Increasing negative momentum.

Short it and enjoy the profit!
Note
Previous support acting as a resistance
Note
Consolidation below the resistance. The market will choose the direction very soon

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.