The Schneider Electric - Another great French company with another great stock. The stock price of Schneider Electric has done well in the last 12 months. What has been happening in the last 5 months?
The €124 Resistance - I would love to see the stock price of Schneider Electric trade above it. It has been resisting it in the last 5 months. It’s likely to attract new stock sellers again in the future.
The Bottom Line - When stock prices trade around a resistance area for 5 months, it becomes more important to traders. Traders are likely to watch it, use it, and sell around that area again and again.
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- Suez stock resistance sellers? I can almost feel their aggression. Suez environment company investors look confused. Would you hold here? Would you sell here? Guess what I would do next?
- The STM stock price chart has another stock price chart resistance. You may not want to sell STMicroelectronics stocks. But you may discover where French stock market investors may sell next!
- 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?