Short term view - RUBIS : The rising moving average confirms our opinion.
The trend is still bullish, the invalidation level is below €54.60. The target is at €64.30.Arguments :
- The rising moving average confirms our opinion.
- Prices made a new all-time-high, this confirms the strength of the trend.
- The reaction at the resistance is weak, we anticipate its break soon.
- The measuring gap, opened in the middle of the rally, reinforces the bullish trend.
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