(News Bulletin 247) – The company still has favorable prospects with, in particular, a strong increase expected in its results over the next two years.

KEY GRAPHIC ELEMENTS

In an uptrend, the stock comes back to rest on the 50-period moving average in daily data and thus revives the trend. Next objective: the psychological price level of €10.

FORECAST

Looking at the key chart factors we have mentioned, our view is bullish on X-FAB stock in the near term.

Active investors will take a long position on the X-FAB share price at €8,680 with a target of €10,000 in sight. They will protect their capital by placing a stop at €7,920.

The News Bulletin 247 board

X-FAB
Positive 8.680 €
Objective :
€10,000
Potential :
+15.21%
Stop:
7.920 €
Resistance(s):
9,000 / 10,000
Medium(s):
8,280 / 7,740 / 7,350

CHART IN DAILY DATA

Graphic made from the software Prorealtime



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