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 france) www.reuters.com
Probabilité d'investissement à long terme 40.000 en objectif tout est décrit dans le graphique
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 is in double bottom configuration with a bearish GAP. The filling of the Gap with a target price of 19.2€ is a very likely scenario
daily chart ready to go up to 20 long term i like this company, because they have new management