Short term view - BURELLE : The movement goes on.
The background trend is clearly bearish. The movement goes on.The next target is at €901.30, then €846.49. Passing €1,403.29 would question the continuation of the fall.
Burelle is a holding company. Through its subsidiaries, Co. is engaged in three principal activities: industry and services (Compagnie Plastic Omnium), real estate (Sofiparc) and private equity (Burelle Participations). Through Compagnie Plastic Omnuim, Co. manufactures plastic components for the automobile industry, waste management products and signage solutions. Through Sofiparc, Co. is engaged in real estate property management with non-industrial properties located in Hauts-de Seine and Lyon area in France. Through Burelle Participations, Co. is engaged in private equity, acquiring interests in French companies.
DayByDay is an independent research company providing global macro and single stock analysis, recommendation and allocation based purely on behavioural finance methods. Those include long term cycle analysis, sentiment analysis, and technical trigger. DayByDay serves all clients in need of practical and precise publications to make effective market decisions, on any time horizon, from a few hours to a few years.
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