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Credit Agricole: a very good purchase option at current prices

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The objective of the company's rise could be placed at 14 euros

Technical analysis
THROW BACK
THROW BACK

Short term

Medium term

Long term

Credit Agricole It has been experiencing a very good technical evolution since the first bars of October. The company has come to revalue about 30% which has led it to overcome the key resistance of 12.50 euros. After a throw back at these levels everything seems to indicate that we could end up seeing an extension of the increases to the level of 14 euros, prices that we believe could reach in the first months of 2020. The good levels of accumulation reinforce the current upward movement . We will not appreciate even the slightest sign of weakness as long as it remains trading above 12 euros, prices quite far from the current ones.

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