Report
Matthieu DRIOL
EUR 110.87 For Business Accounts Only

Short term view - XPO LOGISTICS EUROPE SA : The correction is gaining traction.

The background trend is clearly bullish. The correction is gaining traction.
It is too early to qualify this action as a bearish reversal. The trend would be invalidated below the support at
€217.49.
Underlying
XPO Logistics Europe SA

Norbert Dentressangle is a player in goods transport between the European continent and Great Britain that focuses its operation on transporting fresh produce, fruit, and vegetables from the Rhone valley to big markets in Great Britain, such as Covent Garden in London. Co. structures its business on four types of companies: Logistics operating companies, which provide warehousing and distribution services; Transport operating companies, which provide domestic and international transport services; Freight Forwarding operating companies, which provide goods transport organization services worldwide, by road, sea and air; and Service companies, which provide services to operating companies.

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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