Safran is the world's second-largest aircraft equipment manufacturer. Its current share price sits at ?108.75 a share.

Safran is the world's second-largest aircraft equipment manufacturer. Its current share price sits at €108.75 a share. Towards the upside, resistance sits at €110.30 corresponding with the upper trendline of the symmetrical triangle. A break above the trendline could see the share price head up towards the next tough resistance level at €113.45. On the other hand towards the downside, the first support level sits at €102.24 followed by a further support level at €98.60. A break below the €98.60 support level may see the share price slide towards the lower trendline of the triangle, where the major support sits at €89.41. Looking at the indicators, RSI reads 56 suggesting a positive stance but MACD is neutral.