Hermes

Hermes is attempting to break out of a falling trend line, so look for it to break and stay above 238 for confirmation. Daily RSI is also trending upwards. Short term resistance/support is 244/226.

Their CEO was recently quoted in Reuters : “Globally, we do not see any slowdown anywhere … including in Asia…”. Longer term resistance is 288 but that will depend very much on the broader market performance early next year. Strong support at 215.Herm131212

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