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EDreams double bottom points to much higher heights

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Good feelings are those transmitted by the eDreams titles, especially since it was able to leave behind the important resistance (now support) of 3.55-3.60 euros.

Technical analysis
DOUBLE FLOOR

Short term

Medium term

Long term

Interesting weekly chart of stocks eDreams at this time in view of the potential double bottom (weekly) formation that has been confirmed above the resistance, now support, of 3.55-3.60 euros. If we believe the figure, we can bet on a movement, facing the next few months, that projects it towards at least the upper part of the lateral-bullish channel through which the price has been moving since 2015: the area of ​​approximately seven euros . While is true that the figure back itself would point to 7.50 euros. It goes without saying that we are talking about a medium-term objective, with its logical corrections against trend (reaction phases).

EDreams weekly chart

. (tagsToTranslate) double (t) ground (t) eDreams (t) points (t) towards (t) heights (t) much (t) more (t) high (t) Category: All (t) Category: Market Report (t) Category: Technical Analysis (t) Category: Pulses (t) Category: Analysis (t) Category: Market Pulse (t) Category: Sectorial: Consumer Services



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