Danone SA (EURONEX) analysis, chart, and trading idea
#BN
The trend is descending. The resistance level of 58.72 holds the buyers, we see the Double Top pattern. There is a bearish divergence on the Awesome Oscillator. Stochastic Oscillator signals it, too. Descendant pattern ABC will be formed after breaching 49.63.
Trading idea:
Sell when the 49.63 level is …