tonyalsky

Short Vinci on premice of adistribution phase ?

Short
EURONEXT:DG   VINCI
Prices have reached the highest level from early June @90.48.

This limit may be a strong resistance. After the surge of more than 20% this week a distribution phase is likely to occur with prices trading in a range from 83 to 90.

I don't know what will happen. But as prices don't break any support(@83) or resistance(@90) I play the range.

I may be wrong. But I am ready to change my position accordingly.

Let's what happen...

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