(News Bulletin 247) – Based on a graphical argument, News Bulletin 247 analysts have selected FRANCAISE DE L’ENERGIE for active investors.
KEY GRAPHIC ELEMENTS
The graphic support of 37 euros has gained credibility since March 16 on the action of the innovative energy company. The stock is in good shape, as volumes rise, to develop a buying reaction from this key chart level. Exceeding the 50-day moving average (in orange) would release more energy, right up to the symbolic threshold of 50 euros.
FORECAST
In view of the key chart factors we have mentioned, our opinion is bullish on FRANCAISE DE L’ENERGIE stock in the short term.
Active investors will take a buying position on the FRANCAISE DE L’ENERGIE share price at €39,300 with a target of €49,950 in sight. They will protect their capital by placing a stop at €34,950.
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.