PUB.FR 27.10.2016
Time frame D1
Middle-term uptrend, higher tops and higher bottoms. The price had corrected to levels of diagonal support. For a 2 year period the stock is outperforming the index in which is included ( CAC ). For the last 4 years gross and net income are increasing progressively . EPS( earnings per share) is 4.11 .The company does not paying dividends.
Price action signal: Pi bar at levels of diagonal support
SL: 59.50
Alternative scenario: If the price breaks down the low of the pin bar and make new low , negative sentiment will get stronger and we will see decrease in the price of the stock.
Jr_Trader_B_Arabadzhiev
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