(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
CHART IN DAILY DATA
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I have over 8 years of experience working in the news industry. I have worked as a reporter, editor, and now managing editor at 247 News Agency. I am responsible for the day-to-day operations of the news website and overseeing all of the content that is published. I also write a column for the website, covering mostly market news.