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The group is in the process of returning to the growth of its metrics: profits, turnover, margins, etc. The group is also engaged in a debt reduction process.

KEY GRAPHIC ELEMENTS

Green candlesticks end on their highs, buying volumes increase. All the signals are green to support this strong emerging uptrend.

FORECAST

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

Active investors will take a buying position on the ELIS share price at €19,000 with a target of €22,000 in sight. They will protect their capital by placing a stop at €17,580.

The News Bulletin 247 board

ELIS
Positive €19,000
Objective :
22.000 €
Potential :
+15.79%
Stop:
17.580 €
Resistance(s):
19,700 / 22,000
Medium(s):
18,000 / 16,300 / 15,200

CHART IN DAILY DATA

Graphic made from the software Prorealtime

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