Short term view - TOTAL GABON : Without trend
The trend remains neutral. Prices will have to break above the peak at €154.50 for the trend to be positive again with an invalidation level below €138.00.Arguments :
- The support has been reached, it causes the bounce.
- The major resistance has been reached, it causes the fall.
- Prices are breaking above the moving average.
- Prices will test the quality of gap.
Total Gabon is mainly engaged in the crude petroleum and natural gas sectors. Co. is engaged in international oil and gas exploration and production. Co. operates under licences, concession agreements, and production-sharing agreements with host nations. Co. is involved in the exploration, excavation and sale of oil and gas. Co. is also engaged in oil refining, marketing, and trading.
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