Peugeot is in an interresting cup and handle pattern (cup T1, handle T2), the price has broken the neckline CR1 beginning october. Immediately after prices begin to growth before to pullback to the neckline with the recent market krach. The pullbback to the neckline is a very common behavior after a cup and handle pattern is confirmed. 3 scenarios on 4 are positive for peugeot to enter bullish phase (possible gain are 9% / 22% /34%)