Short term view - PEUGEOT : The triangle has been triggered, the target has not been reached yet.
The previous high has been passed, the bullish trend is confirmed. The next target is at €22.21. The invalidation level is below €19.50.Arguments :
- The moving average is supporting prices.
- The triangle has been triggered, the target has not been reached yet.
Peugeot is an automobile manufacturer (cars and light commercial vehicles), supported by two brands: Peugeot and Citroen. Co.'s activities are divided into four main segments: Automobile (Co. designs, manufactures and markets passenger cars and light commercial vehicles under Peugeot and Citroen brands), Finance (Co. provides retail and wholesale financing to customers and dealer networks), Automotive equipment (Co. produces Interior Systems, Automotive Seating, Automotive Exteriors and Emissions Control Technologies) and Other businesses (Co. produces scooters).
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