Report
Matthieu DRIOL
EUR 104.42 For Business Accounts Only

Short term view - TECHNOLOGY (STXE600) : The 50% retracement has been reached.

The trend is momentarily interrupted by a consolidation on a shorter time horizon but prices remain below the invalidation level at 463.93 pts. It can resume at anytime towards the target at 424.94 pts.

Arguments :
- Prices are pulling back to the resistance level (previously a support). The fall will resume afterwards.
- The 50% retracement has been reached.
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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