EssilorLuxottica: the rebound doesn't change the bearish picture

EssilorLuxottica is in week 26 of a sell signal, with a trade profit of 35% from entry. Last week closed up 5%, but the weekly technical picture remains in negative territory. A double bottom is forming in the 165 area on the daily chart — a rebound signal worth tracking, but not enough on its own to reverse the underlying bearish structure.