SUPPORTS AND RESISTENCES - RENAULT - DAILY (1D) Good Luck!!
Achat dans la région € 9.60 Buy from € 9.60
Ingenico (INGP) is the global leader in seamless payment, the balance sheet is healthy, with a relatively low debt. Growth prospects are very interesting and we believe that the first support of 96.25 EUR is a strong buy.
Both on the weekly and the daily ABIB looks bearish. A hanging man on 1D confirms that it will test resistance at 116 after which it will drop until 106. Confirmed by both MACD and RSI.
The Price is ready for more long action after confirming a double bottom.
With current bearish sentiment of markets i expect a small lower to 10 to take profits and then a new up turn to 12/14. It is a company with good potential.
Ingenico (INGP) is the global leader in seamless payment, the balance sheet is healthy, with a relatively low debt. Growth prospects are very interesting and we believe that the first support of 96.25 EUR is a strong buy.
Traders, We are well in the money on this one. got an huge engulf yesterday! Likely to see an great move to the upside! Best regards
Important: :-) If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts and your LIKES let me know it is helpful to you. As always, any comments are welcome. Agree or disagree. Please remind yourself that this is just my personal view on the market and you always should do...
HERE WE HAVE A BIG DESCENDING TRIANGLE. LONG OR SHORT THE BREAKOUT POSSIBLE . PERSONALLY I EXPECT THIS ONE TO BREAK DOWNWARDS, DOWNWARD BREAKOUTS WITHIN A THIRD OF THE YEARLY LOW CAN DO WELL.