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TotalEnergies: fresh signal near highs, entry on pullback only

TotalEnergies receives a fresh buy signal in week 1, ranking 2nd among 4 new EU-UK Longs. Price is hugging the highs: limited room to run, entry advised on pullback only.

In Summary
TotalEnergies receives a fresh buy signal in week 1, ranking 2nd among 4 new EU-UK Longs. The setup quality indicator sits at 50 out of 100 with medium signal strength at 52 out of 100. The contested resistance at the highs and recent signs of buying exhaustion call for caution: our desk prefers to wait for a pullback before entering.
Fresh BUY ·1st week from start ·EU-UK stocks ·T1
IQS Phase
50
ordinary
Signal Strength
52
medium
Sizing
STANDARD
Ranking
#2 / 4
New eu-uk stocks
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
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