Danone, week 4: 2 of 3 price targets already hit
Danone slips 1.3% and still clears 2 of 3 price targets in week 4
Danone, week 4: 2 of 3 price targets already hit
Our view last week
Danone is at week 3 of a buy signal, listed on Euronext, with the trade running at +9.26% since entry. Signal strength has slipped to 33 out of 100 and the confirmation week closed lower: the active stop has moved to a dynamic level, tighter than the structural one. 3 weeks remain to the first management window. Earnings are expected in three-four weeks, on July 29.
This week's summary
Danone shares close a week loaded with technical warnings — buyers retreating, the last candle ruled by sellers, volume contracting — with a 1.3% pullback. Yet the trade holds up: +7.8% since entry, and 2 of the model's 3 price targets already hit just four weeks in. As last week, the stop follows a dynamic track, now tighter still.
IQS Phase
52
ordinary
Signal Strength
32
medium · weak
Sizing
REDUCED
Ranking
#51 / 60
EU-UK stocks in progress
Trade P&L %
+7.80%
from signal to today
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