Grifols: Potential recovery of 24.94% against the hole

Grifols Headquarters

value of grifols a It is maintaining an order of rising lows and highs and could continue to recover against the next resistance located at $12.14.

On May 9, we violated the upper side of the bullish channel with an increase in volume, therefore, we can split the channel and estimate a split target of 5.61% to the level of around EUR 12.13 per share .

We have covered the difference of 11.36 Euros. The next gap we have is located at a distance of 24.94%, to the level of 14.355 Euro per share.

Grifols with Bloomberg Platform on daily charts and trading volume

On Grifol's Daily Chart with Bloomberg Platform