I see Sanofi may get a correction on wednesday's market. Sanofi is on a supply zone which may be a strong resistance. The divergence system shows the price is close the overbought area. A bearish candlestick on D1 may be my confirmation. Set your own money management !!
The PEAD projected a Neutral outlook for $SANY after a Negative over reaction following its earnings release placing the stock in drift C If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
SNY and TBIO buttoned up the news this morning sending a bunch of other biotech stocks running higher. Now that this is out of the way, levels could be important for longs looking for "what's next" and the 236 Fib level seems to be that area to watch. It was an area that the volatile SNY stock settled above for weeks and now is an area it hasn't been able to...
We see that the chart has broken the traverse at the hour 10:00 (10 jun 21) to come back again and touch it. It has been ascending again, repeating this movement again, but it broke the trend, which gives a strong sell signal.
After assessing Sanofi both technically and fundamentally my position on it is a strong buy.
seeing lot's of strenght in other big pharmas too, but sanofi seems to bit of a leader this current rally is probably due for correction or digestion
Target Order: 85.54 EUR Stop Order: 83.37 EUR 1.) H1 chart. still intact uptrend! 2.) H1 chart: resistance level ahead 85.54 EUR! Test expected!
Sanofi S.A. is a French multinational pharmaceutical company headquartered in Paris, France, as of 2013 the world's fifth-largest by prescription sales. Shown here is the daily chart, with monthly zones/lines of support (green dashed lines) and resistance (red dashed lines). Also shown is a Fibonacci drawn on the monthly chart. In the 4H, Sanofi is clearly bullish...
I expect the price of Sanofi to carry on falling inside the descending channel, especially if global market consolidates due to rising inflation fears. Sanofi has not been able to produce a covid vaccine and is just starting phase I/II trials for a second vaccine candidate which leaves the near future a bit blurry and may keep investors away. Once the price has...
Strong Buy signals based on my machine learning / ranking algorithms. Purely machine learning based, but offering margin of safety with strong fundamentals, China exposure and dividend yield.
Possible move:6.5-7.5 Reward/Risk:4-4.5 (R/R>3 is Ideal) Time frame: 2wks This is just my technical view, not a fundamental comment..! I can make you confused you by a crowded messy chart, but I would rather simple effective presentations..!
Forming subsequent ABC Pattern, broke the floor. Fibonacci targets in place. Quite close to the first one by the way. We're going down. Down, down, down. NFA
When the price breaks 96, bullrun can be a scenario to 105. When price drops to 69,44, possible break to 40 short. I expect it to be horizontal for a while, but when they come up with a Corona vaccin, price will go long sky high.
ATTENTION ! SANOFI WIll Continue To Decline Next Week I Advais You to not buy The Time Is For selling The Target Next week IS 82 EUR STOOP LOss Next week IS 88 EUR