Air Liquide is trying something here

Updated
Air Liquide tries to break the trend channel. It seems the gas producer did not get big hits from the corona crisis. The company is paying dividends for a long time now and is bullish in the past.
The break of the trend channel comes with an buy signal from the macd. The RSI is on a normal level but just crossed the 50. If the stock ends significantly above the trend channel today it is a clear buy for me.
Note
It did not work out exactly like I predicted. AI dipped back into the bearish trend channel but then got out again.
Now it looks good as the stock seems to work its way to the next strong resistance at 125.10€.
Note
that worked out pretty good. I am satisifed and still in.
AIRFundamental AnalysisGASliquideLONGlong-termTrend Lines

Related publications

Disclaimer