(News Bulletin 247) – A clearly affirmed bullish momentum on the BOURSE DIRECT share will invite active investors to position themselves for the purchase, within the framework of a swing trading operation.
NB: the operators who have followed our recommendation dated 12/16/22 will be able to keep the position, taking care to adjust the stop and the objective according to the present elements.
KEY GRAPHIC ELEMENTS
Here are the technical elements that we presented on Friday, December 16:
“The chart resistance at 3.40 euros is increasingly weakened. Even as a bullish triangle is emerging and compressing prices, its lower limit being the 50-day moving average (in orange) and its upper limit by the mentioned resistance. The breakout of this resistance, if it were to be quick, validated by volumes and volatility, would release additional buying energy.”
This resistance is now significant chart support, as is the 50-day moving average even more so.
FORECAST
In view of the key chart factors that we have mentioned, our view is bullish on BOURSE DIRECT stock in the short term.
Active investors will take a buying position on the BOURSE DIRECT share price at €3,540 with a target of €4,300 in sight. They will protect their capital by placing a stop at €3,290.
The News Bulletin 247 board
CHART IN DAILY DATA
The latest advice on BOURSE DIRECT
I have over 8 years of experience working in the news industry. I have worked as a reporter, editor, and now managing editor at 247 News Agency. I am responsible for the day-to-day operations of the news website and overseeing all of the content that is published. I also write a column for the website, covering mostly market news.
