(News Bulletin 247) – A clearly affirmed bullish momentum on the INFOTEL share will invite active investors to position themselves for the purchase, as part of a swing trading.

KEY GRAPHIC ELEMENTS

The graphic analysis in daily data of the INFOTEL share makes it possible to identify an upward trend in the short term as well as in the medium term. In terms of trend indicators, the 50-day moving average (in orange) acts as a support for prices. The oscillatory RSI (relative strength index), although in sharp progression, is far from being in a situation of “overbought”.

FORECAST

In view of the key graphic factors that we have mentioned, our opinion is bullish on the INFOTEL share in the short term.

Active investors will take a buying position on the INFOTEL share price at €57,600 with a target of €69,900 in sight. They will protect their capital by placing a stop at €52,100.

The News Bulletin 247 board

INFOTEL
Positive €57,600
Objective :
69.900 €
Potential :
+21.35%
Stop:
52.100 €
Resistance(s):
70,000 / 75,000
Medium(s):
54,200 / 52,200 / 46,700

CHART IN DAILY DATA

Graphic made from the software Prorealtime



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