fdeltenr

Very interresting opportunity on EDF

Long
EURONEXT:EDF   None
EDF is a France based electricity producer. The stock is currently in consolidation since 2016. The price has build a very large reverted head and shoulder and will attack soon the descending resistance (weekly). The neckline of the reverted head and shoulders is 12€, in case of this level is broken, a strong bullish trend will born. EDF price is under the company book value !

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.