Short term view - ZODIAC AEROSPACE : The resistance has been passed.
In our previous short term analysis (14/10/2016), we were positive.We remain positive with a target at 22,94 € and an invalidation level at 20,5 €.
The bullish trend unfolds.
Arguments :
- The resistance has been passed.
- The moving average is supporting prices.
Zodiac SA. Zodiac Aerospace SA is a France-based aeronautical company engaged in the development of aerospace equipment and systems for commercial, regional and business aircraft, as well as helicopters and space applications. It is structured into three business sectors: Cabin Interiors Segment, which designs and markets seats and cabin fittings, as well as supplies complex sanitary and food equipment; Aircraft Systems Segment, engaged in fields, such as fuel circulation, oxygen & life support, electrical power management, cockpit controls and displays, lighting and actuators, hydraulics and controls, as well as environment control systems; and AeroSafety & Technology Segment, which offers emergency evaluation systems, emergency arresting, interconnect, parachute and protection systems, elastomeric technologies & systems, telemetry, telecommunications and airbags.
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