(News Bulletin 247) – Our analysts have spotted an excellent chart pattern on the GETLINK SE share, which the most active investors will be able to work on, at current price levels.

KEY GRAPHIC ELEMENTS

The graphical analysis in daily data of the GETLINK SE share makes it possible to identify a bullish trend in the short term as well as in the medium term, since the double bottom (W) in the heart of March. The relative outperformance of the portfolio compared to its benchmarks is notable. Among the dominant chart factors, we noted the presence of a bullish gap in the GETLINK SE share price. Formed on April 24, this quotation gap marked a runaway buying camp. A bullish oblique line supports prices. The combination of candles said in three advancing soldiers (from April 25 to 27) evokes a continuation of the movement.

FORECAST

Considering the key chart factors we have mentioned, our view is bullish on GETLINK SE stock in the short term.

Active investors will take a buying position on the GETLINK SE stock at a price of €16.04 with a target of €19,990 in sight. They will protect their capital by placing a stop at €15,460.

The News Bulletin 247 board

GETLINK SE
Positive €16,040
Objective :
19.990 €
Potential :
+24.63%
Stop:
15.460 €
Resistance(s):
20,000
Medium(s):
15,240 / 15,000 / 14,040

CHART IN DAILY DATA

Graphic made from the software Prorealtime

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