Short term view - ELIS SA : The support has been reached, it causes the bounce.
The invalidation level has barely been passed. We wait a little before taking this signal into account.Arguments :
- The support has been reached, it causes the bounce.
- The major resistance has been reached, price reaction is very shy. It does not justify a negative opinion.
- The 38% retracement has been reached.
- The falling moving average confirms our opinion.
Elis is a multi-service group in the rental, laundry and maintenance of textile, hygiene and well-being items in Europe and Latin America. Co. serves hundreds of thousands of customers of all sizes, belonging to various professional customer segments: hospitality, healthcare, industry, trade and services. Co. also has a manufacturing business carried out by two entities, Le Jacquard FranASSais and Kennedy Hygiene Products which together form one of the company's operating segments.
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