Medium term view - TELECOM (STXE600) : The 62% retracement is causing the bounce.
The trend is still bearish, but it could slow down. Indicators are oversold. The next target is at 218.69 pts. The invalidation level is below 308.00 pts.Arguments :
- The major support has been shortly breached, but it is now reinstated. Prices can bounce.
- The 62% retracement...
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