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

KEY GRAPHIC ELEMENTS

The daily data chart analysis of the EIFFAGE share makes it possible to identify an uptrend in the short term as well as in the medium term. The 50-day moving average (in orange), the long-term trend line, which constitutes a support base, was quickly reintegrated after the corrective movement from March 22 to 24. If the volumes do not weaken, the position could be held above the mentioned moving average.

FORECAST

In view of the key chart factors we have mentioned, our view is bullish on EIFFAGE stock in the short term.

Active investors will take a buying position on the EIFFAGE share price at €106.00 with a target of €115,000 in sight. They will protect their capital by placing a stop at €101,900.

The News Bulletin 247 board

EIFFAGE
Positive €106,000
Objective :
€115,000
Potential :
+8.49%
Stop:
€101,900
Resistance(s):
111,750 / 115,000 / 120,000
Medium(s):
103,800 / 101,100 / 99,400

CHART IN DAILY DATA

Graphic made from the software Prorealtime



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