(CercleFinance.com) – Ubisoft seems to have found support around 41.2E and with a rebound of +7%, the stock is flirting with 44E.
This is not enough to reverse the bearish momentum that started after the test of 49E (strong medium-term resistance) in early August.
Waves of speculative purchases can break out again at the slightest rumor of reinforcement of Tencent’s capital, or the formalization of a major financial operation.
Ubisoft therefore remains subject to potential swings in volatility, making the objectives and relevance of resistances, such as 49E, very uncertain.
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