Buying UG here. A quality company with favorable moving average crosses.
Fibs drawn shows that GU has retraced to its marked area and should continue with bullish momentum until the short opportunity drawn for London.
UG (PEUGEOT SA) SHORT: Short=14.45, StopLoss=15.05, TakeProfit=13.00 - sales drop - strong previous week and month - soft week ahead before earnings season - silent period for buybacks