Short term view - DASSAULT AVIATION : The 38% retracement is causing the bounce.
In our previous short term analysis (24/10/2016), we were positive.We remain positive with a target at 1053 € and an invalidation level at 965 €.
The trend is slow, but bullish.
Arguments :
- The ascending support has been reached, it causes the bounce.
- The 38%...
Dassault Aviation is a player in the civil and military aviation industry. Co. designs, manufactures and sells combat aircraft under the names Rafale, Mirage 2000, nEUROn and executive jets under the name Falcon (Falcon 7X, Falcon 900LX, Falcon 2000LX) and business jets. Co. produces combat aircraft. Rafale is a fighter aircraft with a "delta-canard" configuration. Mirage 2000 is a combat aircraft operated in environments ranging from deserts to tropical forests. nEUROn is an unmanned combat aircraft vehicle demonstrator. Falcon is used for passenger transportation by entrepreneurs, executives of companies and governments. Co. also offers maintenance services, follow up and repair services.
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