DANONE Rising WedgeDANONE has formed a large rising wedge. Other patterns present include an ascending scallop, and a rounded bottom within the rising wedge.by Bixley3
Danone on bullish trajectory to $19Danone sits at the sweet spot of health conscious consumers with a wide array of products. It is long established with a very unique brand identity and despite its heritage, it is more than willing to change with current trends. The chart is on extremely bullish trajectory and that looks set to continue. AVERAGE ANALYSTS PRICE TARGET $18.63 AVERAGE ANALYSTS RECOMMENDATION overweight P/E RATIO COMPANY PROFILE Danone SA engages in the food processing industry. It operates through the following divisions: Fresh Dairy Products, Waters, Early Life Nutrition, and Medical Nutrition. The Fresh Dairy Products division produces and markets yogurts, fermented fresh dairy products, and other specialized fresh dairy products. The Waters division comprises the natural waters business along with aqua drinks. The Early Life Nutrition division focuses on specialized foods for babies and young children to complement breast-feeding while always complying with the World Health Organization Code and local laws. The Medical Nutrition division focuses mainly on people receiving medical treatment, babies afflicted with certain illnesses and frail elderly people. Danone was founded on February 2, 1899 and is headquartered in Paris, France.Longby OTCMarketsExpert7
Rebound on ascending canal for DanoneDanone is evolving in an ascending canal delimited by resistance R and support S since years. The price seems to rebound on the support S (point s). For end of year prince will probably increase to the resistance o t which is in triangle configuration with support S. Our opinion is that price will increase to obj 1 (67€). Afterthat we will observe if a break of the o t resistance is possible (in this case we can target obj2 +22%) otherwise we will observe a pullback to s. For the moment we buy we target obj 1 and stop loss SL1.Longby fdeltenr0
Short signal for BNP ParibasBearish butterfly with EZ 53.07- 53.78 for 48.50 and 43.13Shortby CFezelov2
BNP (Danone) IdeaDescription of Chart : Looking at a narrowing range here, after bouncing off of resistance again quite convincingly. The 50MA has also crossed over the 200MA on the 1D chart (this chart is a 2D chart). First target is at the support of the yellow trend line. If we can break below that then the second target is at previous support at 53.34. Website : www.lukelehepuu.com Take a look at my website, you can become a member or sign-up to my weekly newsletter. Shortby lukelehepuu5
Follow up to DANONE $DANOY Long idea. Overall trend BullishOverall It is still quite bullish but the current EUR markets are waning on stocks. In fact most stocks were in the red today for the most part. Just goes to show that its good to get some solid confirmation before placing any trades Would of got done for some nasty slippage if I had gone long Monday!! by Onions2
DANONE $DANOY Long idea.Drinking a bottle of Evian I thought hmm. Could bounce off that resistance a bit though as it is pretty resting for this stock.Heavy volume looks good too!by Onions3