CA is approaching our first resistance at 17.16 (horizontal overlap resistance, 61.8% fibonacci extension, 61.8% fiboancci retracement, descending channel's resistance) where a strong drop might occur pushing price down to our major support at 15.32 (horizontal overlap support, 61.8% fiboancci retracement).
Stochastic (21,5,3) is also approcaching resistance...
My view:
price can go back to 20-23
the "new" ( 2 years now i think) is trying to change the company. they came out with a first profit raise under his management, mainly from other markets then france, which is a little bit disappointing (49% still come from the main market which is...
Follow the comments on the chart! If the price goes up to the size of the stop loss point, put the stop loss on the entry point, Stop loss means that the closing price must be below the Stop line, the shadows are not acceptable. EURONEXT:CA
Carrefour SA engages in the provision of supermarkets and retail stores. Its activities include operation and management of hypermarkets; supermarkets; convenience stores; cash and carry stores; and both food and non-food e-commerce websites. The company was founded on July 11, 1959 and is headquartered in Boulogne-Billancourt, France.
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CA
