French Diamond ready to break up and glimmer to upside

France is another European market that seems to be outperforming many of the large markets in 2025.

There are strong catalysts apart from foreign investments to Europe compared to the US.

Including:

1. 🛡️ France boosts defense spending
€1.7B added to support the military.

2. 💰 Strong French earnings
Big companies like L'Oréal beat forecasts.

3. 💶 Euro stays steady
Helps exports and investor confidence.

4. 📉 Lower energy costs help
Trade balance improves, lifting the CAC.

And technically, there is a Strong Diamond formation in the making.

We are approaching the second half of the diamond to complete. And once price breaks above it could signal a strong rally going forward.

French Diamond
Price> 20 and 200
Target 8,848

Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.