EDF - Hercules bull or bear

Time will tell,

We got out from Yearly WWbullish and "covid" crisis hammered us down back in the channel.

At this time we can see good sign that EDF still remain bullish and we'll see if "HERCULE" will help to continue the trend.

Commentaire:

HERCULE project got delayed and we see since the beginning of the year consolidation near 11-12.
There is no many price action to comment so here is my view on the situation :
The group is not far from implose with french gov being nearly always ok with European Comission who don't hide much German pressure to dismantle the french nuclear pioneer.
If they win we could see the stock being splitted betwen entities, is it bull or bear for the price ?
I'm still convinced that in long-term the group can reborn from the ashes if Nuclear vs ESG topic go realistic in ppl mind in fine.