(CercleFinance.com) – This is a rather rare case: Hermès undergoes a big downward acceleration, -6% to 1.525E, and the annual performance is reduced from 80% to 74%, the week is negative by -4% (against + 3% in the morning) and the negative month of -1% (against + 7% at 9:30 am, at 1.665E).
Profit-taking on the best ‘performer’ of the year who had fallen to 10E from his record at the end of the 1st half hour before slipping.
The breakout of the 1.560E support could lead to the test of the recent 1.430E support and then the closing of the 1.370E gap on October 29th.
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