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

KEY GRAPHIC ELEMENTS

The graphical analysis of daily data for the JACQUET METALS share makes it possible to identify an upward trend in the short term as well as in the medium term. The recent pullback on 18.45 euros gives credit to a continuation of the upward movement. In terms of trend indicators, the 20-day moving average (in dark blue) acts as a support for prices. It has just crossed upwards, at a significant angle, its 50-day counterpart (in orange), the underlying trend line which is rising again after a short plateau phase.

FORECAST

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

Active investors will take a buying position on the JACQUET METALS share price at €19,300 with a target of €23,390 in sight. They will protect their capital by placing a stop at €17,990.

The News Bulletin 247 board

JACQUET METALS
Positive 19.300 €
Objective :
23.390 €
Potential :
+21.19%
Stop:
17.990 €
Resistance(s):
20,000 / 25,900
Medium(s):
18,460 / 17,200 / 14,900

CHART IN DAILY DATA

Graphic made from the software Prorealtime

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