HolleyIG

#8 by Marketcap in France (Buy)

Long
EURONEXT:AI   AIR LIQUIDE
$AI.PA ranked #8 in France with a 82.29B Market cap, engages in gas supply for large industry and health businesses has been ranging since late march.

1D chart is showing a bounce from the 20EMA and 0.236 Fibonacci level a possible sign of Bollinger band squeeze. The price might be taking a break at this point before continuing its upward trend.

4H chart is showing similar data, with a bounce from the 0.236 level and dipped briefly below the 20 and 50 EMA. It has now moving back to the top end of the range. RSI is increasing and broke through the 50% mark and MACD has also started to turn positive.

Buying today @ 165
Target price @195 (top of the current parallel channel)

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