Short term view - TRAVEL & LEISURE (STXE600) : Reversed head-and-shoulders
The trend has been momentarily interrupted by a correction. Prices just bounced on the support, it is probably resuming. The next target is at 259.47 pts. The invalidation level is below 246.64 pts.Arguments :
- The support has been reached, it causes the bounce.
- Prices have pulled back to the reversed head-and-shoulders neckline, they can resume their rally.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.