Hello everyone, A good opportunity has been detected on the L’ OREAL stock. After strong upward movement on the L’ OREAL, the price found resistance on a return line, pulled back and is currently correcting to the downside. We are expecting the price to reach approximately the 266.500 price area, where we have a 23.6% Fibonacci retracement level, as well as the 50 Moving Average and the lower bound of the Bollinger Bands.
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