Breakout from consolidationDanone SA has completed two classical charting patterns over the past 12-months with the bottom signified by a complex inverted head and shoulders followed by a 5-month period of consolidation (rectangle). The current breakout sees a target of at least 65 with a likely bullish trend to be established over the coming months. The current pullback to 62 following the initial breakout offers a good risk to reward setup with stops to be considered just below the breakout level at 60
VINCI SA (DG.pa) bullish scenarioThe technical figure Flag can be found in French company Vinci S.A.(DG.pa) at daily chart. Vinci, corporately styled VINCI, is a French concessions and construction company. Vinci is listed on Euronext's Paris stock exchange and is a member of the Euro Stoxx 50 index. The Flag has broken through the resistance line on 29/07/2021, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 9 days towards 92.93 EUR. Your stop loss order according
Close to flipping a multi year S/R levelRecently a intermediate S/R level was flipped (dashed line). Next is a bigger one around 30.7$. after flipping that level next target is 40.7, and when that one is gained Im looking much further up. This is long term ofcourse since this is a weekly chart. One for my watchlist!
ALSEN - Watch out pullback vs fall UT WeeklyBelow SMA200 so risky to play a rise, but above SMA50 which is so far a good support.
We are at a critical point, either we see a pullback soon, and it can go up back to 2.2 meaning 50% profit
OR the SMA50 breaks, giving a sell signal.
The buy signal is if the stock closed above the SMA20 end of this week.
SocGen (GLE.pa) bullish scenarioThe technical figure Channel Down can be found in French company Societe Generale (GLE.pa) at daily chart. Société Générale S.A., often nicknamed "SocGen", is a French multinational investment bank and financial services company headquartered in Paris, France. The company is a universal bank and has divisions supporting French Networks, Global Transaction Banking, International Retail Banking, Financial Services, Corporate and Investment Banking, Private Banking, Asset Management and Securities
Philips - Finally a breakthrough soon? PT: €100 / €115Price target: €100 / €115
Philips second-quarter earnings beat forecast as pandemic fuels demand
Philips delivers Q2 sales of EUR 4.2 billion, with 9% comparable sales growth; net income amounts to EUR 153 million and Adjusted EBITA margin improves 280 basis points to 12.6%; company announces EUR 1.5 billion share buyback program
www.globenewswire.com
LVMH (MC.pa) bullish scenarioThe technical figure Pennant can be found in French company LVMH Moet Hennessy Louis Vuitton (MC.pa) at daily chart. LVMH is a French Holding multinational corporation and conglomerate specializing in luxury goods, headquartered in Paris, France. The Pennant has broken through the resistance line on 24/07/2021, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 8 days towards 698.30 EUR. Your stop loss order according to experts should
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