Get started
subtlepapi

$ACA - Reversal with +15% upside

Long
CREDIT AGRICOLE (EURONEXT:ACA)  
subtlepapi  
EURONEXT:ACA   CREDIT AGRICOLE
Trend Analysis Technical Indicators Chart Patterns Technical Analysis reversal reversalpoint breakout breakoutsignal Trend Line Break
1
2
trendanalysis indicator chartpattern technicalanalysis reversal reversalpoint breakout breakoutsignal trendlinebreak
Technical Analysis (TA)
  • Weekly bottomed out with crossover on RSI and William %R)
  • Daily breakout has signaled a shift in momentum. However, there has been previous resistance at the 100EMA level so I expect this to come back down to EUR 9.2 for a higher low before a push upwards to $11 +

Price Target
Entry: 9.10-9.30
Target 1: 9.76
Target 2: 10.45
Analysts Target: 11.40

Fundamental Analysis (FA)
Mediocre quality screen on financial metric.
Strong earnings and dividends = key catalyst in this upward momentum.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.