AMDassault Aviation SA is a French manufacturer of military aircraft and business jets. It was founded in 1929 by Marcel Bloch as Société des Avions Marcel Bloch or "MB".
Potential for upside continuation.
AM trade ideas
TARGET Reached at 183.90 on Dassault Aviation With Dassault Aviation a Cup and Handle formed, price broke up and out of the Brim Level.
We had confirming indicators showing strong upside including:
7 >21 >200
Bullish bias
Target EUR 183.90 which it hit.
Now it looks like the price is going to retrace a bit, move sideways and create a new bullish formation to get into.
I'll let you know!
AM Aviation flying to 183.90 nextCup and Handle has clearly formed on the daily chart with AM.
7 >21 >200 all perfect for setting up for upside.
Bullish bias
Target EUR 183.90
