Report
Matthieu DRIOL
EUR 109.44 For Business Accounts Only

Medium term view - D'IETEREN : The 50% retracement is causing the bounce.

The trend is still bullish. No indicator nor pattern are questioning it. The invalidation is below €37.010. The target is at €45.690

Arguments :
- The major support has been shortly breached, but it is now reinstated. Prices can bounce.
- The 50% retracement is causing the...
Underlying
D'Ieteren SA

D'Ieteren is engaged in two sectors of services to the motorist: Automobile Distribution, which is a distributor of Volkswagen, Audi, Seat, Skoda, Bentley, Lamborghini, Bugatti, Porsche, and Yamaha brands in Belgium; and Vehicle Glass, which is engaged in the repair and replacement of vehicle glass mainly in Europe, North and South America, Australia and New Zealand through Belron s.a. and notably its CARGLASS®, AUTOGLASS® and SAFELITE® AUTO GLASS brands.

Provider
Day By Day
Day By Day

​​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.

Analysts
Matthieu DRIOL

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