(CercleFinance.com) – Alstom relapses by -8.5% (around 21.5E) and smashes the support of 23.2E, which is a very bad sign after a first downward impulse that started below 26.7E (the stock shows again almost -30%).
In the absence of good identifiable support, Alstom risks retracing the quarterly low of 19.7E on April 7 or the annual low of 18.7E (a single occurrence on March 8).
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