Open buy, second confirmation week
Air Liquide slips 3.3%: the confirmation week hides signs of weakness
Open buy, second confirmation week
Our view last week
Air Liquide is in week 1 of a buy signal, already running at +4.30% since entry. The confirmation week closed higher, but our model sees a technically weak setup beneath the surface and recommends cautious lightening on part of the position. The stock ranks 20th among the 62 European-UK stock buys currently open, with earnings coming in 3-4 weeks, on July 28.
This week's summary
The weakness flagged last week showed up on the tape: Air Liquide gives back 3.3% after the prior jump, with contracting volume and sellers taking over the last candle — a more fragile picture than the price alone suggests. The buy signal is still above entry, and our model suggests cautiously lightening part of the position.
IQS Phase
56
ordinary
Signal Strength
56
medium
Sizing
STANDARD
Ranking
#15 / 60
EU-UK stocks in progress
Trade P&L %
+0.83%
from signal to today
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