On a monthly chart, IAG is a very strong stock. It has experienced a November of significant increases, which have totaled 27%. They have a big bullish candle that continues into December. The Ibex 35 airline company is very strong. Getting on this bandwagon wondering if it’s not going to get any higher is always difficult. However, according to the latest recommendations from JP, Deutsche Bank and Citi, IAG has significant potential for 2025. Therefore, in a cut they could enter IAG. As for key levels, supports at IAG would be 3.147 and 3 euros. The stop would be at 2.915 and the most important level above for IAG at the moment would be 3.80-3.83.
Telefónica’s strength runs out in October and, although it has done a little better in November, it is still weak, which has led to a laterality in the movement that it has had since September. After a V-turn that tests the average of 200 sessions, a laterality follows that shows a clear weakness of the company and a possibility of reaching 4.234, which would be the first support, and then the second would be 4.195, and we would set the stop loss in 4.14. I see Telefónica weak. As for Telefónica’s resistance on the stock market, they are at 4.33 and 4.419.
Repsol drops in the months of July, August, September and October. Now, at levels of 11.05, you can try to turn or make a monthly bottom, but taking into account that it has not surpassed the November high of 12.03 and yet the low of 11.23 has pierced it because it has reached 11.17. With this panorama, the key support on the stock market for Repsol is 11.175 and the stop loss at 11. On the upper side, Repsol needs to first overcome 11.52 and then 11.90 on the stock market.
Alibaba. The risk that this type of securities have is that they generate volatilities and will depend a lot on the economic issues and stimuli of the Chinese Government. The first entry support would be at 83.925 and then 88.32, with a stop at 80.70. The resistances would be at 95.10 and the second at 101.10.
Amadeus has touched the June 2023 highs again and then turned around, but it is normal. It is a solid value, with great strength and upward trend that has been coming since August. The average of 200 sessions taking a positive slope, which gives peace of mind for the medium and long term. The company is a logical decline after hitting the June 2023 high. It is a stock to be in for the medium and long term. Support at 66.96 (which would be an entry) and stop loss at 66.42. As for the levels on the upper side, resistance would be 70.38.
Amazon is a value that is on the rise. I don’t see signs of burnout in the company. Looking at key levels, resistance is at 221.71. The first support would be at 216.97 and the second at 208. As for the stop loss for Amazon, we would put it at 203.50.