Peugeot S.A. is a holding company. The Company operates through three segments. The Automotive Division covers the design, manufacture and sale of passenger cars and light commercial vehicles under the Peugeot, Citroen and DS brands.
The Automotive Equipment Division corresponds to the Faurecia Group consisting of Interior Systems, Automotive Seating and Clean Mobility.
The Finance Division corresponds to the BPF, which provides retail financing to customers of the Peugeot, Citroen and DS brands, and wholesale financing to the brands’ dealer networks.
The Company’s other activities are grouped under Other Business, which includes the holding company and minority stakes in Groupe Gefco, as well as in Peugeot Motorcycles.
The Company’s brands and services include Free2Move, PSA Powertrain, Banque PSA Finance Group (BPF) and Mister Auto.
It operates through Adam Opel AG (Opel) and General Motors UK Ltd (General Motors).
Our Proprietary Trading System indicates the following:
The Primary Trend (PT) given by the Global Monthly TIME BAR (GMTB) is currently Bullish
The Secondary Trend (ST), given by the Global Weekly TIME BAR (GWTB) is currently Bullish
The Medium Term Trend (MTT), given by the Global Daily TIME BAR (GDTB) is currently Bullish
The Short Term Trend (STT), given by the Global Four Hour TIME BAR (GFHTB) is currently Bullish
We miss our first entry signal at $20.82 after the previous correction. However I think buying at $22.15 is still a good position.
In light of the above trend analysis we have started a bullish trade on Peugeot S.A. using Global Trading Strategy #3 on the Global Automated Trading System #3 which trade in the direction of the Global Daily Time Bars (GDTB).
Global Entry Signal For Trade #1: Buy @ $22.15
Global Trailing Stop Loss Trade #1: @ $20.36
Global Target Profit Trade #1 : @ $42.00
Global Trade Management Strategy: We applied the Global Trailing Stop System for Global Trading Strategy #3.
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