Metropole Tv The title tests a major support

M6 Métropole (MMT) failed twice under the resistance of €16. At the same time, the stock fell below the descending line, not to mention that the technical indicators suddenly fell below their respective waterlines in weekly units. Now, MMT is currently testing major support at €12, not far from its recent ascending line since October 2022.

In the event that a throwback occurs, prices could return towards €13-14. An extension beyond the resistance zone would allow the ascending line to be attacked again. Conversely, the break below €12 would potentially cancel out the year’s gains, if €10 became a reality.

© www.abcbourse.com

Want more analysis and daily trading signals?
Boost your portfolio with ABC Premium Scholarship !

The information and analyzes distributed by ABC Bourse only constitute a decision-making aid for investors. ABC Bourse cannot be held responsible directly or indirectly following the use of information and analyzes by readers. It is recommended that any uninformed person consult a professional advisor before making any investment. This indicative information does not in any way constitute an inducement to sell or a solicitation to buy.