Hello everyone,
A good opportunity has been detected on the L’ OREAL stock.
After strong upward movement on the L’ OREAL, the
price found resistance on a return line, pulled back and is
currently correcting to the downside.
We are expecting the price to reach approximately the 266.500
price area, where we have a 23.6% Fibonacci retracement level,
as well as the 50 Moving Average and the lower bound of the
Bollinger Bands.
A good opportunity has been detected on the L’ OREAL stock.
After strong upward movement on the L’ OREAL, the
price found resistance on a return line, pulled back and is
currently correcting to the downside.
We are expecting the price to reach approximately the 266.500
price area, where we have a 23.6% Fibonacci retracement level,
as well as the 50 Moving Average and the lower bound of the
Bollinger Bands.