EuroStockOption

ALO.PA at ideal retracement rang for long term accumulation

Long
EURONEXT:ALO   ALSTOM
Long term highly likely to profit from major ESG investments of the EU.

Short term need higher high to confirm bottom is in, will update upside target once 1-2 setup is clear.
RSI and stochastic indicate leaving oversold zone and ready to take off.

Disclosure: beside long term holding, already bought Sep 2022 calls, strike 40 & 45 for short term plays, start to take profit at 38.

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