Ayoub450

Medium risk opportunity ON VALBIOTIS!!

EURONEXT:ALVAL   VALBIOTIS
On this unit of time, has the underlying uptrend run out of steam or is it lacking in power? The short term does not yet offer any information that would allow anticipating a resumption of the bullish movement or a correction. The hand is generally with the buyers even if a small correction (not treatable) on the support located at 6.63 EUR remains possible. You should trade VALBIOTIS with the greatest caution, while favoring long positions (to buy) as long as the price remains well above 6.63 EUR. The next bullish target for buyers is set at 7.72 EUR. A bullish breakout of this resistance would revive the bullish momentum. Buyers could then aim for resistance at 8.12 EUR. In the event of a breach, the next objective would be the resistance located at 8.50 EUR. In case of a downside breakout of the support located at 6.63 EUR we invite you to generate a new automatic technical analysis. Indeed, the conditions should have evolved. The price should certainly be more clearly bearish in the short term and the underlying uptrend in this unit of time would certainly be attenuated.
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