Action - Renault is quite difficult to play. They play HH and LL. You need to look at the upper and lower limits of the channel. You can see that they are using the fibo fan. It seems to me that they will go back to the price - EUR 32, and then it may go down to EUR 30 again and quickly bounce back up. As you can see, they have time and they are in no rush to reach the price of EUR 40. SMA - MACD indicator nicely shows the average price. For now, the price remains at the average price and does not want to rise.
tnx for supporting my idea about CAC. I agree with your Idea about RNO generally . but I think that RNO start falling from 37.5 this week.
Good Luck.
dolphinfromegypt
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@SEYED98 thank you. we will see i dont go to fast in stock. i see third wave and it can still go down. we will see what will happen with cac. you got very good ideas.