Short term view - SCHNEIDER ELECTRIC : Pull-back over
The support has been broken, the trend becomes negative as we now have a succession of descending peaks and troughs.The next target is at €61.10. The invalidation level is below €68.95.Arguments :
- Prices have pulled back to the resistance level (previously a support). The fall is...
Schneider Electric is engaged in energy management. Co. is organized into four areas: Buildings and Partner, Infrastructure, Industry and IT; and operates in four principal markets: non-residential & residential buildings, utilities & infrastructure, industry & machine manufacturers and data centers & networks. The non-residential and residential buildings market includes end-users, property developers, design firms, and systems integrators. The utilities and infrastructure market includes energy operators. The industries market serves end users and companies, and engineering firms. The data centers and networks contain servers that process and store digital data in secure rooms.
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