$OR: Giant of Cosmetics l’Oréal Remains Strong During Lockdown
L’Oréal S.A. is the world largest cosmetics and beauty company. Headquartered in Clichy, France, the field of activities concentrates on skin care, hair color, perfume, make-up, hair care, sun protection etc. L’Oréal is a part of Euro Stoxx 50 (SX5E) and CAC40 indices. Investors can trade it under the ticker at Euronext Paris. As an interesting observation, during the COVID-19 lockdown in Europe from March to June 2020, the stock price has completely recovered from the February-March decline breaking to the new all-time highs.
L’Oréal Monthly Elliott Wave Analysis 08.02.2020
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