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ACTIV8X
Sep 13, 2015 4:47 PM

Vivendi S.A.: Pausing its bearish trend. 

Vivendi SEOTC

Description

Vivendi S.A., one of the world's leading companies in the media sector, spent last week halting the bearish market it has been through since the mid of July.

The current floating pattern suggest that the bearish market may continue towards 23.024, with 23.472 as a primary objective, unless it breaches 24.3405, which would suggest the beginning of an inversion, 25.5 being the objective, and 24.68 the primary objective.

Vivendi S.A.'s weekly Pivot Point is around 23.99. The weekly support levels are around 23.62 and 23.29. The weekly resistance levels are around 24.32 and 24.69.
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