CO.PA LONG - RSI extreme positive divergence

108
Since long this stock shows positive divergence on the chart.
Something is going to happen.
A bit speculative, but don't miss the chance to make profit of this signal.
Trade active
Still on track. Once it breaks the EMA50, can it go fast!
Note
Still bullish. One step away from the EMA50. Closing above 0.26 will confirm this uptrend!
Note
Another spike towards the EMA50 while the Bollinger Bands are narrowing. A breakout of the upper bollinger, will result in a breakout through the EMA50. First target is SMA200.
Trade closed: target reached
Wooow what a move! To be honest, It didn't looked good as the price was declining.
BUT in 3 days the breakout through EMA50 (0.17) strait to the SMA200 (0.32) and then declined.
The collars of euronext were reached day after day...
A fallback to the fib 0.382 is possible (0.22) and then a next move upward as the MACD crossed the 0-line after one year!
Once the SMA200 line is crossed it will become a dynamic resistance and the price will raise fast!

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