Short term view - TELECOM (STXE600) : The major support has been breached.
The trend remains neutral. Prices will have to break below the peak at 250.65 pts for the trend to be negative again with an invalidation level above 264.48 pts.Arguments :
- The major support has been breached.
- The descending resistance has been reached, it causes the drop.
- The first target of the head-and-shoulders has been reached, nonetheless, as the pattern reversed the trend, the fall may continue.
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