Etam developpemment

Etam developpemment, the french women fashion group broke this summer its impressive track in 2014, after the 41 eur peack and 48% increase since January 1st..

Monthly chart displays bearish trends in RSI and stochastic. Macd starting to decrease.

Very likely to reach targets in 29 first and 21 afterwards. The volume traded around 21 by september 2013 gives us a clue as for what the new goal might be.

200 days average stopped the plummet but the later rebound was meaningless.

Lifevest.

Glaxo

The most relevant chart is usually monthly one. For Glaxo this time there is no exception to the rule. Bearish macd and big volume in the fall places the stock in a bearish trend. However, overbooked indicators speak about the chance of a rebound during this downward trend.

Weekly. Look at the volume. That increase confirms the trend. Getting under 200 mobile median.

Daily. The idea is to take advantage of the rebounds to come for closing the longs.

Lifevest.