(News Bulletin 247) – Based on a graphical argument, News Bulletin 247 analysts have selected GENFIT for active investors.

KEY GRAPHIC ELEMENTS

Since April 25, trading volumes have woken up on the GENFIT share, which then suddenly crossed its 20-day moving average on a long white (in dark blue), a short-term trend curve which is tilted upwards. The stock is currently completing a flag consolidation in close proximity to the 50-day moving average (in orange). A crossing of moving averages would bring additional credit to the proposed scenario.

FORECAST

Considering the key chart factors we have mentioned, our opinion is bullish on GENFIT stock in the short term.

Active investors will take a buying position on the GENFIT share price at €3,895 with a target of €4,690 in sight. They will protect their capital by placing a stop at €3,660.

The News Bulletin 247 board

GENFIT
Positive 3.895 €
Objective :
4.690 €
Potential :
+20.41%
Stop:
3.660 €
Resistance(s):
3,916 / 4,160 / 4,550
Medium(s):
3,640 / 3,260 / 3,000

CHART IN DAILY DATA

Graphic made from the software Prorealtime



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