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

KEY GRAPHIC ELEMENTS

After exceeding expectations on NVidia’s results on Wall Street, the spotlight is naturally on the technological side of the rating, including French. Soitec, the emblematic semiconductor equipment supplier, has been alternating since the fun of May, phases of bullish momentums in thick volumes, and episodes of healthy consolidation, above a 20-day moving average (in dark blue) to support value. The attraction effect of a large gap formed in January will gradually be felt.

FORECAST

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

Active investors will take a buying position on the SOITEC share price at €180.90 with a target of €222,300 in sight. They will protect their capital by placing a stop at €166,490.

The News Bulletin 247 board

SOITEC
Positive 180.900 €
Objective :
222.300 €
Potential :
+22.89%
Stop:
166.490 €
Resistance(s):
181,000 / 222,400 / 250,000
Medium(s):
166,500 / 157,500 / 147,600

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()
}
});

});