Vallourec: +8% towards 11E, test of 11.15E imminent


(CercleFinance.com) – Vallourec soars by +8% towards 11E with the appointment of Mr Philippe Guillemot as CEO for 4 years (which ensures visibility).
The price retraces its zenith of March 14 and is approaching the major resistance of 11.15E of May 11, 2021: the next target would be the retracement of the brief zenith of 14E of February 26, 2021.

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