Schneider (SU.pa) bullish scenario:The technical figure Triangle can be found in the daily chart in the French company Schneider Electric (SU.pa). Schneider Electric SE is a French multinational company that specializes in digital automation and energy management. It addresses homes, buildings, data centers, infrastructure and industries, by combining energy technologies, real-time automation, software, and services. The Triangle broke through the resistance line on 19/04/2023. If the price holds above this level, you can have a possible bullish price movement with a forecast for the next 9 days towards 155.86 EUR. According to experts, your stop-loss order should be placed at 141.38 EUR if you decide to enter this position.
Schneider Electric S.E. (SU.PA)’s target to achieve net-zero operational emissions and to reduce Scope 3 emissions by 35% by 2030 (compared to Scope 3 emissions in 2017) was validated by the SBTi in 2019.
Schneider's EcoStruxure solutions assisted customers in reducing carbon emissions by 84 million tonnes in 2021, totaling 347 million tonnes saved or avoided since 2018. Moreover, since launching The Zero Carbon Project in April 2021, Schneider Electric S.E. (SU.PA) has been working closely with 1,000 of its top suppliers to reduce operational carbon emissions by half by 2025.
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SU/N trade ideas
Schneider (SU.pa) bullish scenario:The technical figure Falling Wedge can be found in the daily chart in the French company Schneider Electric SE (SU.pa). Schneider Electric SE is a French multinational company that specialises in digital automation and energy management. It addresses homes, buildings, data centers, infrastructure and industries, by combining energy technologies, real-time automation, software, and services. Schneider Electric is a Fortune Global 500 company, publicly traded on the Euronext Exchange, and is a component of the Euro Stoxx 50 stock market index. The Falling Wedge has broken through the resistance line on 29/07/2022, if the price holds above this level, you can have a possible bullish price movement with a forecast for the next 68 days towards 149.34 EUR. Your stop-loss order, according to experts, should be placed at 110.02 EUR if you decide to enter this position.
Schneider Electric, the leader in the digital transformation of energy management and automation, announced today the results of its sustainable impact program for the second quarter of 2022.
Schneider’s Sustainability Impact (SSI) scored 4.17 out of ten, relative to its 4.70 year-end target. The SSI dashboard measures Schneider’s Environmental, Social and Governance (ESG) performance. It details the progress made on each of the company’s global and local sustainability goals relative to long-term commitments on climate, resources, trust, equal opportunities, generations, and local communities.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Schneider Electric - anticipating double bottom ?Looks possible to have a plan as follows (not in personally)
wait for the price to reach the support around 122, stop loss 120, and target first the oblic above, and then continuation ?
might happen in May, let's see ! Bullish or not, we need to choose !!