(News Bulletin 247) – Based on a graphic argument, News Bulletin 247 analysts have selected AIR FRANCE-KLM for active investors.

KEY GRAPHIC ELEMENTS

The 20-day moving average (in dark blue), valuable for the technical observer, changed roles in the heart of May, moving from chart resistance to support, before cutting its 50-day colleague upwards (in orange), bottom trend line in full bullish inflection. The study of volumes is interesting at this stage, the up sessions being much more worked than the down sessions, in terms of the number of coins traded.

FORECAST

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

Active investors will take a position on the purchase of AIR FRANCE-KLM shares at a price of €1,768 with a target of €2,090 in sight. They will protect their capital by placing a stop at €1,659.

The News Bulletin 247 board

AIR FRANCE-KLM
Positive 1.768 €
Objective :
2.090 €
Potential :
+18.21%
Stop:
1.659 €
Resistance(s):
1,852 / 1,932 / 2,000
Medium(s):
1,615 / 1,500 / 1,350

CHART IN DAILY DATA

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