Short term view - E.ON : The gap has been tested, we wait for the trend to resume.
The trend remains neutral. Prices will have to break below the peak at €8.432 for the trend to be negative again with an invalidation level above €9.500.Arguments :
- The resistance has been reached, it causes the fall.
- The 62% retracement is causing the fall.
- The moving average is capping prices.
- The gap has been tested, we wait for the trend to resume.
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