Trading idea for Danone SA (EURONEXT)

#BN

The general trend is descendant. The resistance level 58.20 restrained buyers. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions. The price holding below the mirror level 54.66 may maintain further decline within the descendant trend.

Trading idea:

Sell below the mirror level 54.66.

Stop-loss is over the support level 58.20.

Target levels: 50.22; 47.32.