Report
Matthieu DRIOL
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Short term view - RETAIL (STXE600) : A rectangle is forming

The trend is still bearish, but it could slow down. Indicators are oversold. The next target is at 280.83 pts. The invalidation level is above 293.35 pts.

Arguments :
- The major resistance is close.
- Prices are within a rectangle, but the trend will eventually resume to the downside.
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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