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

KEY GRAPHIC ELEMENTS

The graphical analysis of SAFRAN shares in daily data makes it possible to identify an uptrend in the short term as well as in the medium term. No movement of breathlessness of this underlying trend is to be noted in the sense of our battery of mathematical indicators, in particular our oscillatory indicators. In terms of trend indicators, the 50-day moving average (in orange) acts as a support for prices.

FORECAST

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

Active investors will take a position on the purchase of SAFRAN shares at a price of €139.64 with a target of €165,000 in sight. They will protect their capital by placing a stop at €130,700.

The News Bulletin 247 board

SAFFRON
Positive €139,640
Objective :
€165,000
Potential :
+18.16%
Stop:
€130,700
Resistance(s):
147,500 / 160,000 / 165,000
Medium(s):
135,800 / 128,800 / 123,000

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()
}
});

});