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LongShort2021

Bouygues Telecom PUT opportunity

Short
BOUYGUES (EURONEXT_DLY:EN)  
LongShort2021  
EURONEXT_DLY:EN   BOUYGUES
Trend Analysis
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trendanalysis
EN reached 23 years resistance line, with 2 ascending triangles.
Monthly 200 SMA as resistance
Monthly 20 SMA acting as Support.
Due to overall negative market conditions, uncertainty, higher yields, I don't think this is the best time for EN to break this resistance and make a move higher.
PUT option are cheap - trade open.
(Not financial advice)
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