(CercleFinance.com) – Valéo strongly re-crosses the 12E after the re-test of the major floor of 11.53E on October 26.
Valéo, however, was very hot as the price sank to around 11.45E and seemed well on its way to retracing the 10.89E of March 18, 2020.
A bullish ‘W’ is therefore being established but to confirm this it would be necessary to manage to re-cross 14.3E (resistance tested in mid-December 2023).
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