ALSTOM
Long

ALO.PA at ideal retracement rang for long term accumulation

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.
Beyond Technical AnalysisElliott WaveFibonacci

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