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Thursday, December 23, 2021

SocGen (GLE.pa) bullish scenario:

SocGen (GLE.pa) bullish scenario:

SOCIETE GENERALE EURONEXT:GLE

The technical figure Triangle can be found in the French company Société Générale S.A. ( GLE .pa) at daily chart . Société Générale S.A. , often nicknamed "SocGen", is a multinational investment bank and financial services company. The company is a universal bank and has divisions supporting French Networks, Global Transaction Banking, International Retail Banking, Financial Services, Corporate and Investment Banking, Private Banking, Asset Management and Securities Services. The Triangle has broken through the resistance line on 23/12/2021, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 12 days towards 31.065 EUR. Your stop loss order according to experts should be placed at 27.770 EUR if you decide to enter this position.

The U.S. Department of Justice on Tuesday ended a criminal case against Societe Generale SA related to violations of U.S. sanctions, after the French bank agreed to pay $1.34 billion and met the terms of a three-year deferred prosecution agreement.

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