Report
Matthieu DRIOL
EUR 102.54 For Business Accounts Only

Short term view - CONSTRUCTION & MATERIAL (STXE600) : The bullish gap has been tested, the rally resumes.

Prices were consolidating in a pattern. They broke above the highest threshold of that pattern. The trend becomes bullish. The target is at 466.84 pts. The invalidation is below 434.90 pts.

Arguments :
- Prices have pulled back to the double bottom neckline, they can resume their rally.
- The bullish gap has been tested, the rally resumes.
Provider
Day By Day
Day By Day

​​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.

Analysts
Matthieu DRIOL

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