The Paris Natixis - Imagine you bought 1,000’s of Natixis company stocks 1 year ago! You might be swimming in loses, right now! What if you are a French stock market seller, and you are thinking of selling in the future?
The Trend Line A - I would follow this technical resistance line. Why? It has been pushing Natixis prices lower in the last 4 months! Guess what? It’s likely to push prices lower again when approached or touched!
The Bottom Line - The stock chart of Natixis above is another example of a down trend technical resistance! Remember, it's for learning only! It’s not a stock trading recommendation! It’s just another example of selling stocks!
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- Before charting the CAC 40 Index, I had been curious about the next selling points. Where are French stock investors likely to sell next? Where was the last CAC stock index technical resistance?
