Kering SA: open buy, double bottom forming amid sector weakness

Kering SA is in week 2 of a buy signal, with a signal strength of 64 out of 100 and the setup quality indicator at 41 out of 100 in ordinary phase. The European consumer discretionary sector is showing weakness, and the model rates the setup as technically fragile: discipline points to a cautious trim to lock in profit on part of the position.