Hello everyone,
A good opportunity has been detected on the L’ OREAL stock.
After strong upward movement on the L’ OREAL, the
price found resistance on a return line, pulled back and is
currently correcting to the downside.
We are expecting the price to reach approximately the 266.500
price area, where we have a 23.6% Fibonacci retracement level,
as well as...
Deleveraging Or The start of the end:
As shown in the picture at the date of 11 march 2020 the gold knew a massive operation of sales after the feds declaration of a massive quantitative easing program.
a lot of financiers Acteurs explain this drop by a phenomenon called Deleveraging so what is Deleveraging?
The term refers to the point at which a firm tries to...
With the Corona Virus outbreak we expect L'oreal to pull back after earnings , there are some concerns on how much impact the Corona Virus will have on L'oreal bussiness in China (which had a strong growth previous year).
We agree that the fundamentels off L'oreal are strong but the techincals are not looking that great, we had a false breakout on the daily...
those the trend is clearly bullish,
the price is standing on a very important level:
we see a perfect match between strong horizontal support and support of a rising channel.
though, for now it looks bullish,
in case of a bearish breakout, it will be a perfect signal for us to short the market.
target levels are based on structure:
245
230
stop will be 265
