Daily BriefsTechnical Analysis

Daily Brief Technical Analysis: Buying Financials in Europe/UK; Buy Highlighted: $EUFN and more

In today’s briefing:

  • Buying Financials in Europe/UK; Buy Highlighted: $EUFN, Allianz, Banco Santander, Wise PLC, and More


Buying Financials in Europe/UK; Buy Highlighted: $EUFN, Allianz, Banco Santander, Wise PLC, and More

By Joe Jasper

  • Below we lay out what we believe is a compelling case to add exposure to European/UK Financial stocks at current levels.
  • The EURO STOXX 50 has been on an absolute tear since we discussed the bullish implications of a break above 4200, and it now breaking above 2+year resistance at 4400-4415.
  • Financials are one of the leading Sectors within Europe/UK, and banks, insurance, and financial services are all attractive. We highlight several of our favorite names to buy at current levels

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