VINCIShort
Strong resistance on 96€ and ascending triangle
We can see DG has failed several times to break through the 96€ resistance.
We also are in an ascending triangle configuration which often leads to negative tendency.
In absence of good news that are not already priced by the markets I think of a short strategy of a part of the stocks under 96€ and rebuy at a good price later (84 ;75.5; 65.5).
If 96 is broke, the 98 remain and maybe the psychological 100 resistance.
If 100 is broken, we have strength to reach ATH.
We also are in an ascending triangle configuration which often leads to negative tendency.
In absence of good news that are not already priced by the markets I think of a short strategy of a part of the stocks under 96€ and rebuy at a good price later (84 ;75.5; 65.5).
If 96 is broke, the 98 remain and maybe the psychological 100 resistance.
If 100 is broken, we have strength to reach ATH.
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