Short term view - INFORMA PLC : Pulling back to the gap
The trend is still bullish, the invalidation level is below 645.50 p. The target is at 740.30 p.Arguments :
- Prices are pulling back to the support level (previously a resistance). The rise will resume afterwards.
- The rising moving average confirms our opinion.
- Prices will...
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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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