(News Bulletin 247) – A clearly affirmed bullish momentum on the AIR LIQUIDE share will invite active investors to position themselves for the purchase, within the framework of a swing trading operation.
KEY GRAPHIC ELEMENTS
The proposed stock has been reaching new highs on a regular basis since forming a double bottom last fall. The course is punctuated by remarkable candles, in marubozus (03/11, 10/11, 06/01, 13/02), in engulfing (10/11, 17/02), and powerful volumes on the bullish momentum phases . A chart support level is forming in the immediate vicinity of 143 euros.
FORECAST
Considering the key chart factors we have mentioned, our view is bullish on AIR LIQUIDE stock in the short term.
Active investors will take a buying position on the AIR LIQUIDE share price at €151,040 with a target of €172,720 in sight. They will protect their capital by placing a stop at €139,900.
The News Bulletin 247 board
CHART IN DAILY DATA
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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.