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

KEY GRAPHIC ELEMENTS

The daily data chart analysis of the COFACE share makes it possible to identify an upward trend in the short term as well as in the medium term. No movement of breathlessness of the underlying trend is to be noted within the meaning of our battery of mathematical indicators, in particular our oscillation indicators. In terms of trend indicators, the 50-day moving average (in orange) acts as a support for prices. This underlying trendline was re-entered on a shifted double bottom in the heart of March. The trading volume is on the rise, a technical data favorable to our anticipation.

FORECAST

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

Active investors will take a buying position on the COFACE share price at €13.98 with a target of €16,990 in sight. They will protect their capital by placing a stop at €12,990.

The News Bulletin 247 board

COFACE
Positive 13.980 €
Objective :
16.990 €
Potential :
+21.53%
Stop:
12.990 €
Resistance(s):
15,000
Medium(s):
12,320 / 11,700

CHART IN DAILY DATA

Graphic made from the software Prorealtime



function creatOutbrainJs() {
const creatJs = document.createElement(“script”);
creatJs.defer = true;
creatJs.src = “https://widgets.outbrain.com/outbrain.js”;
return document.body.appendChild(creatJs);
}

window.didomiOnReady = window.didomiOnReady || [];

window.didomiOnReady.push(function(Didomi) {
console.log(“Didomi ready “);

Didomi.getObservableOnUserConsentStatusForVendor(164)
.filter(function (status) { return status !== undefined })
.subscribe(function(consentStatus) {
if (consentStatus === false || consentStatus === true) {
console.log(“Didomi consent -> exécution du script outbrain “, consentStatus);
creatOutbrainJs()
}
});

});