(News Bulletin 247) – Based on a graphical argument, News Bulletin 247 analysts have selected SOCIETE GENERALE for active investors.

KEY GRAPHIC ELEMENTS

The attitude of prices has been very encouraging since April in the sense that the action of the red and black bank manages, without difficulty, without running out of steam, to regularly create new high points above remarkable rectilinear moving averages. and parallels. A look at the RSI oscillator is interesting: since May 23, it has been brushing its overbought zone without ever entering it.

FORECAST

In view of the key chart factors we have mentioned, our view is bullish on SOCIETE GENERALE stock in the short term.

Active investors will take a position on the purchase of SOCIETE GENERALE shares at a price of €25,545 with a target of €31,950 in sight. They will protect their capital by placing a stop at €23,340.

The News Bulletin 247 board

Societe Generale
Positive 25.545 €
Objective :
€31,950
Potential :
+25.07%
Stop:
23.340 €
Resistance(s):
26,020 / 30,000
Medium(s):
24,370 / 22,000 / 20,800

CHART IN DAILY DATA

Graphic made from the software Prorealtime

function creatOutbrainJs() {
const creatJs = document.createElement(“script”);
creatJs.defer = true;
creatJs.src = “https://widgets.outbrain.com/outbrain.js”;
return document.body.appendChild(creatJs);
}

window.didomiOnReady = window.didomiOnReady || [];

window.didomiOnReady.push(function(Didomi) {
console.log(“Didomi ready “);

Didomi.getObservableOnUserConsentStatusForVendor(164)
.filter(function (status) { return status !== undefined })
.subscribe(function(consentStatus) {
if (consentStatus === false || consentStatus === true) {
console.log(“Didomi consent -> exécution du script outbrain “, consentStatus);
creatOutbrainJs()
}
});

});