(News Bulletin 247) – On the basis of a graphical argument, News Bulletin 247 analysts selected VEOLIA ENVIRON. for active investors.
KEY GRAPHIC ELEMENTS
Graphical analysis in daily data of the VEOLIA ENVIRON share. allows us to identify a short-term upward trend, since the inflection candle of October 23. In terms of trend indicators, the 20-day moving average acts as support for prices. This trendline has just intersected the trajectory of its 50-day counterpart (in orange) at a significant angle. The position can be held as long as the short moving average gravitates above the long one.
FORECAST
Considering the key graphical factors we have mentioned, our opinion is bullish on VEOLIA ENVIRON stock. short term.
Active investors will take a purchase position on VEOLIA ENVIRON shares. at €28,500 with a target of €33,000 in sight. They will protect their capital by placing a stop at €26,620.
News Bulletin 247 advice
DAILY DATA CHART
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.
